# Clint Kollar
**Clint Kollar** is an investor, a Partner, and co-founder of Sixth Street, the San Francisco-based global investment firm created in 2009 inside TPG and now managing more than $130 billion in assets under management and committed capital.[1](https://sotf.org/team/clint-kollar/) • [2](https://sixthstreet.com/investment_announce/kpler-announces-strategic-growth-equity-investment-from-sixth-street/) At the firm he is responsible for investment origination activity and leads the Strategic Partnerships & Originations team.[1](https://sotf.org/team/clint-kollar/)
| Key facts |
|---|
| Clint Kollar is a Partner and Co-Founder of Sixth Street, responsible for investment origination and leader of the firm's Strategic Partnerships & Originations team.[1](https://sotf.org/team/clint-kollar/) |
| Sixth Street was created in 2009 as TPG's dedicated global credit and credit-related investing platform, with Kollar among the founding group from Goldman Sachs.[3](https://sixthstreet.com/firm_news/tpg-and-sixth-street-partners-announce-completion-of-agreement-to-become-independent-unaffiliated-businesses/) • [4](https://legalclarity.org/who-owns-sixth-street-founders-stakes-and-structure/) |
| Kollar began his career at Goldman Sachs in New York in 2000, then joined Greywolf Capital from 2004 to 2009.[1](https://sotf.org/team/clint-kollar/) |
| At the 2020 separation from TPG, Sixth Street had over $34 billion in assets under management and committed capital, more than 275 team members, and eight investment platforms.[3](https://sixthstreet.com/firm_news/tpg-and-sixth-street-partners-announce-completion-of-agreement-to-become-independent-unaffiliated-businesses/) |
| The firm had over $100 billion of assets under management as of December 31, 2024 and states over $130 billion as of June 2026.[5](https://www.sec.gov/Archives/edgar/data/1508655/000119312525077957/d949925ddef14a.htm) • [2](https://sixthstreet.com/investment_announce/kpler-announces-strategic-growth-equity-investment-from-sixth-street/) |
| TPG sold its remaining stake in Sixth Street back to the firm in 2024 for about $1 billion, in a deal valuing Sixth Street at about $10 billion.[6](https://www.semafor.com/article/09/03/2024/tpg-sells-stake-in-former-credit-arm-sixth-street-back-to-the-firm) |
| Sixth Street's platforms include Specialty Lending, Lending Partners, TAO, Opportunities, Growth, Fundamental Strategies, and Agriculture, among others.[5](https://www.sec.gov/Archives/edgar/data/1508655/000119312525077957/d949925ddef14a.htm) |
## Career before Sixth Street
Kollar started in finance at [Goldman Sachs](https://www.edgepedia.org/goldman-sachs) in New York in 2000. In 2004 he moved to Greywolf Capital, where he spent five years before leaving in 2009.[1](https://sotf.org/team/clint-kollar/) The move followed a broader pattern: Sixth Street was launched in 2009 by a band of Goldman Sachs investors who spun out with cash from TPG.[6](https://www.semafor.com/article/09/03/2024/tpg-sells-stake-in-former-credit-arm-sixth-street-back-to-the-firm)
## Founding of Sixth Street and separation from TPG
**Origins inside TPG.** Sixth Street was created in 2009 as TPG's dedicated global credit and credit-related investing platform.[3](https://sixthstreet.com/firm_news/tpg-and-sixth-street-partners-announce-completion-of-agreement-to-become-independent-unaffiliated-businesses/) [Alan Waxman](https://www.edgepedia.org/alan-waxman) and eight co-founders from Goldman Sachs established the firm, with Kollar named among them alongside [David Stiepleman](https://www.edgepedia.org/david-stiepleman), Vijay Mohan, Joshua Easterly, Michael Muscolino, Matt Dillard, Bornah Moghbel, and Steven Pluss.[4](https://legalclarity.org/who-owns-sixth-street-founders-stakes-and-structure/) The registered entity, Sixth Street Advisers, LLC, received SEC approval as a Registered Investment Adviser on November 14, 2011.[4](https://legalclarity.org/who-owns-sixth-street-founders-stakes-and-structure/)
**Separation in 2020.** In 2020 TPG and Sixth Street completed an agreement to become independent, unaffiliated businesses. At that point Sixth Street had over $34 billion in assets under management and committed capital, eight investment platforms, and more than 275 team members, including over 140 investment professionals, across nine locations.[3](https://sixthstreet.com/firm_news/tpg-and-sixth-street-partners-announce-completion-of-agreement-to-become-independent-unaffiliated-businesses/) TPG retained a passive minority economic stake at a reduced level, and until 2021 neither firm would start new businesses in the other's core space.[3](https://sixthstreet.com/firm_news/tpg-and-sixth-street-partners-announce-completion-of-agreement-to-become-independent-unaffiliated-businesses/)
**Full exit in 2024.** TPG's stake had been reduced to 10 percent under the 2020 separation deal.[7](https://commercialobserver.com/2024/09/sixth-street-tpg-10b-deal/) TPG's $2.7 billion purchase of Angelo Gordon in October 2023 brought TPG into direct competition with Sixth Street's lending business and triggered Sixth Street's buyback option.[6](https://www.semafor.com/article/09/03/2024/tpg-sells-stake-in-former-credit-arm-sixth-street-back-to-the-firm) • [7](https://commercialobserver.com/2024/09/sixth-street-tpg-10b-deal/) TPG sold the stake back for about $1 billion; Semafor reported the sale in August 2024, and Commercial Observer placed it in September 2024. The transaction valued Sixth Street at about $10 billion and formally ended the partnership.[6](https://www.semafor.com/article/09/03/2024/tpg-sells-stake-in-former-credit-arm-sixth-street-back-to-the-firm) • [7](https://commercialobserver.com/2024/09/sixth-street-tpg-10b-deal/)
## Role and responsibilities at Sixth Street
Kollar's stated remit is the firm's investment origination activity, and he leads the Strategic Partnerships & Originations team.[1](https://sotf.org/team/clint-kollar/) He sits within a partnership structure of nine co-founders under Waxman, the firm's CEO.[4](https://legalclarity.org/who-owns-sixth-street-founders-stakes-and-structure/)
Sixth Street operates as a private partnership owned by its founding partners and senior employees, with no public shareholders.[4](https://legalclarity.org/who-owns-sixth-street-founders-stakes-and-structure/) Its platforms, as listed in a 2025 proxy filing, include Sixth Street Specialty Lending, Sixth Street Lending Partners, Sixth Street Specialty Lending Europe, TAO, Opportunities, Credit Market Strategies, Growth, Fundamental Strategies, and [Agriculture](https://www.edgepedia.org/agriculture).[5](https://www.sec.gov/Archives/edgar/data/1508655/000119312525077957/d949925ddef14a.htm) The adviser to the publicly listed business development company Sixth Street Specialty Lending, Inc. (NYSE: TSLX), formerly TPG Specialty Lending, is part of the firm.[3](https://sixthstreet.com/firm_news/tpg-and-sixth-street-partners-announce-completion-of-agreement-to-become-independent-unaffiliated-businesses/) Sixth Street Opportunities focuses on actively managed opportunistic investments across the [credit cycle](https://www.edgepedia.org/credit-cycle).[8](https://sixthstreetlendingpartners.gcs-web.com/node/13276/html) On governance, a 2026 proxy filing states that TSSP Holdco Management, LLC, which manages Sixth Street Specialty Lending Advisers Holdings, is run by a board currently comprised solely of Alan Waxman.[9](https://www.sec.gov/Archives/edgar/data/1508655/000119312526226692/d255692ddefr14a.htm)
## By the numbers
The firm's scale has grown in distinct steps. At the 2020 separation it stood at over $34 billion in assets under management and committed capital.[3](https://sixthstreet.com/firm_news/tpg-and-sixth-street-partners-announce-completion-of-agreement-to-become-independent-unaffiliated-businesses/) A Delaware court opinion recited over $50 billion, and Commercial Observer reported $75 billion at the time of the 2024 TPG buyout.[10](https://courts.delaware.gov/Opinions/Download.aspx?id=319260) • [7](https://commercialobserver.com/2024/09/sixth-street-tpg-10b-deal/) A SEC proxy filing reports over $100 billion as of December 31, 2024,[5](https://www.sec.gov/Archives/edgar/data/1508655/000119312525077957/d949925ddef14a.htm) and a March 2026 filing cites more than $125 billion with over 700 global team members.[11](https://sixthstreetspecialtylending.gcs-web.com/static-files/d92761d9-f47a-4cac-b8e4-57fa767f1064) The firm states over $130 billion and more than 750 team members, including approximately 300 investment professionals, as of June 2026.[2](https://sixthstreet.com/investment_announce/kpler-announces-strategic-growth-equity-investment-from-sixth-street/)
The 2025 proxy describes a team of over 650 investment and operating professionals;[5](https://www.sec.gov/Archives/edgar/data/1508655/000119312525077957/d949925ddef14a.htm) a related filing notes that 72 of these were dedicated to direct lending as of December 31, 2024, including 57 investment professionals.[8](https://sixthstreetlendingpartners.gcs-web.com/node/13276/html) In growth equity, the debut fund collected $2.2 billion in 2019 and the second fund doubled that to $4.4 billion in 2022.[12](https://fortune.com/2024/04/02/sixth-street-goldman-sachs-alan-waxman-chavez-tpg-wall-street-ipos-private-equity/) The flagship TAO fund, an evergreen vehicle, holds some $30 billion in assets.[13](https://www.sportsbusinessjournal.com/Articles/2025/11/17/sixth-streets-sports-playbook/)
## Disputes and governance on the public record
**The Dyal litigation.** Dyal Capital's vehicle Dyal III invested approximately $417 million in Sixth Street under an Investment Agreement, becoming a passive minority investor.[10](https://courts.delaware.gov/Opinions/Download.aspx?id=319260) When Dyal announced plans in 2021 to merge with Owl Rock Capital and go public through a SPAC, Sixth Street sued in Delaware Chancery Court, arguing the deal violated protections in their 2017 investment agreement. A Delaware judge allowed the merger to proceed, and Dyal became part of Blue Owl Capital.[4](https://legalclarity.org/who-owns-sixth-street-founders-stakes-and-structure/) In the dispute, Sixth Street's negotiations with Neuberger centered on an offer of a long-term strategic partnership free of conflicts of interest.[14](https://courts.delaware.gov/supreme/oralarguments/download.aspx?id=3810) In February 2026, co-founder [Joshua Easterly](https://www.edgepedia.org/joshua-easterly), aged 49, announced his retirement from the firm.[15](https://www.bloomberg.com/news/articles/2026-02-23/sixth-street-co-founder-joshua-easterly-49-to-retire-from-firm)
## Recent developments
The Angelo Gordon acquisition in October 2023 triggered the contractual clock on TPG's stake, and Sixth Street exercised its buyback option, ending the TPG relationship in 2024.[6](https://www.semafor.com/article/09/03/2024/tpg-sells-stake-in-former-credit-arm-sixth-street-back-to-the-firm) • [7](https://commercialobserver.com/2024/09/sixth-street-tpg-10b-deal/) In August 2024 the NFL chose Sixth Street as one of three investment firms approved to individually acquire minority team positions, alongside Arctos and [Ares Management](https://www.edgepedia.org/ares-management).[13](https://www.sportsbusinessjournal.com/Articles/2025/11/17/sixth-streets-sports-playbook/)
**Sports finance.** Sixth Street had deployed roughly $4 billion across its sports portfolio as of November 2025 and was raising a dedicated sports-specific vehicle.[13](https://www.sportsbusinessjournal.com/Articles/2025/11/17/sixth-streets-sports-playbook/) It is the majority owner of Legends and the NWSL's Bay FC, holds minority stakes in the [San Antonio Spurs](https://www.edgepedia.org/san-antonio-spurs) and the commercial arms of Barcelona FC and Real Madrid, and in 2025 added investments in the [Boston Celtics](https://www.edgepedia.org/boston-celtics), New England Patriots, and [San Francisco Giants](https://www.edgepedia.org/san-francisco-giants).[13](https://www.sportsbusinessjournal.com/Articles/2025/11/17/sixth-streets-sports-playbook/) The firm had secured just more than $400 million for its Sports and Live Entertainment Strategy per regulatory filings, a total that predates a $775 million investment disclosed by CalPERS in 2025.[13](https://www.sportsbusinessjournal.com/Articles/2025/11/17/sixth-streets-sports-playbook/)
**Growth investing.** On June 3, 2026, Kpler announced a minority strategic growth equity investment of over $1 billion from Sixth Street, with management remaining majority owners.[2](https://sixthstreet.com/investment_announce/kpler-announces-strategic-growth-equity-investment-from-sixth-street/) Sixth Street has ruled out a near-term IPO, as of April 2024.[12](https://fortune.com/2024/04/02/sixth-street-goldman-sachs-alan-waxman-chavez-tpg-wall-street-ipos-private-equity/)
## References
1. Clint Kollar, Special Operators Transition Foundation, https://sotf.org/team/clint-kollar/
2. Kpler Announces Strategic Growth Equity Investment from Sixth Street, https://sixthstreet.com/investment_announce/kpler-announces-strategic-growth-equity-investment-from-sixth-street/
3. TPG and Sixth Street Partners Announce Completion of Agreement to Become Independent, Unaffiliated Businesses, https://sixthstreet.com/firm_news/tpg-and-sixth-street-partners-announce-completion-of-agreement-to-become-independent-unaffiliated-businesses/
4. Who Owns Sixth Street? Founders, Stakes, and Structure, LegalClarity, https://legalclarity.org/who-owns-sixth-street-founders-stakes-and-structure/
5. Sixth Street Specialty Lending Advisers DEF 14A (2025), https://www.sec.gov/Archives/edgar/data/1508655/000119312525077957/d949925ddef14a.htm
6. TPG sells stake in former credit arm Sixth Street back to the firm, Semafor, https://www.semafor.com/article/09/03/2024/tpg-sells-stake-in-former-credit-arm-sixth-street-back-to-the-firm
7. https://commercialobserver.com/2024/09/sixth-street-tpg-10b-deal/
8. SEC Filing, Sixth Street Lending Partners, https://sixthstreetlendingpartners.gcs-web.com/node/13276/html
9. Sixth Street Specialty Lending Advisers DEFR14A (2026), https://www.sec.gov/Archives/edgar/data/1508655/000119312526226692/d255692ddefr14a.htm
10. Sixth Street Partners Management Company, L.P., et al., Delaware court opinion, https://courts.delaware.gov/Opinions/Download.aspx?id=319260
11. Sixth Street Specialty Lending, March 17, 2026 filing, https://sixthstreetspecialtylending.gcs-web.com/static-files/d92761d9-f47a-4cac-b8e4-57fa767f1064
12. Sixth Street's Alan Waxman on what to expect from his firm in 2024, Fortune, https://fortune.com/2024/04/02/sixth-street-goldman-sachs-alan-waxman-chavez-tpg-wall-street-ipos-private-equity/
13. Sixth Street highlights its capabilities as a new investment vehicle will deepen its position in sports, Sports Business Journal, https://www.sportsbusinessjournal.com/Articles/2025/11/17/sixth-streets-sports-playbook/
14. In the Supreme Court of the State of Delaware, Sixth Street filing, https://courts.delaware.gov/supreme/oralarguments/download.aspx?id=3810
15. Sixth Street Co-Founder Joshua Easterly to Retire From Firm, Bloomberg, https://www.bloomberg.com/news/articles/2026-02-23/sixth-street-co-founder-joshua-easterly-49-to-retire-from-firm
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*Topic: Encyclopedia › Society and history › Economics and business › Founders, operators, and investors › Private equity and long-term capital › United States middle market and specialists › Private credit, real assets, and secondaries*
*Initially written Sep 19, 2026 · Reviewed: Sep 19, 2026; Sep 30, 2026 · Edited: Sep 30, 2026; Oct 15, 2026 · Last review: Sep 30, 2026*
*Copyright 2026 EdgeChat AI, a subsidiary of Biostate AI.*
License: Edgepedia Community License 1.0, https://www.edgepedia.org/edgepedia/license