IQVIA : R. Halsey Wise Joins TPG as Senior Advisor

San Francisco - TPG, a global alternative asset firm, announced today it has named R. Halsey Wise as a Senior Advisor.

In his role, Wise will advise TPG on its investment activities and portfolio in healthcare IT, an effort that is led by the firm's healthcare and software and enterprise technology ('software') teams. Wise is a distinguished executive with more than 30 years of experience and a proven value creation track record of leading, operating, and advising software and healthcare technology companies.

'Having worked with TPG for more than a decade through my roles at Intergraph, WellSky, and evaluating a variety of other companies, I have seen firsthand how its software and healthcare teams work to build industry-leading businesses,' said Wise. 'I am excited to extend our partnership even further in my new capacity as Senior Advisor, and look forward to working with Nehal, Jeff, and their teams to support their strategy and portfolio in the healthcare IT space.'

'Providers and payors are increasingly looking to technology as a tool for improving connectivity and efficiency, and enhancing patient care,' said Nehal Raj and Jeff Rhodes, Partners at TPG. 'Halsey's joining better positions us to capitalize on these trends and builds on our investment efforts in the rapidly evolving healthcare IT space. His industry insight, leadership, and knowledge of TPG's strategy and ethos make him an ideal partner. We are fortunate to have him on board.'

Wise joins a small group of highly experienced executives who serve as advisors to TPG's healthcare and software teams. Healthcare IT is a core, joint focus for the two teams, with current and prior investments including IQVIA (NYSE: IQV), Evolent Health (NYSE: EVH), and Mediware, Kinnser Software, and ClearCare (together, now WellSky). TPG's portfolio includes healthcare investments such as AskBio, BVI, Convey Health Solutions, Exactech, Kindred Healthcare, and Kindred at Home, as well as software and enterprise technology investments such as C3, CollabNet VersionOne, Kaseya, McAfee, Tanium, and Wind River.

R. Halsey Wise Biography

Prior to joining TPG's senior advisor network, Wise served as Chairman, Chief Executive Officer, or President of three public companies including most recently serving as Chairman and Chief Executive Officer of MedAssets, Inc. (formerly NASDAQ: MDAS), a leading healthcare performance company. Previously, he was the Chairman, Chief Executive Officer, and President of Intergraph Corporation (formerly NASDAQ: INGR) a leading engineering and geospatial software provider and former TPG portfolio company. Before that, he was the President and Chief Operating Officer of Computer Management Sciences, Inc. (formerly NASDAQ: CMSX), a software and services company. Throughout his seven year tenure at Intergraph (formerly NASDAQ: INGR), Wise implemented several key business transformation and value creation strategies that resulted in meaningful growth for the company, eventually leading to its sale to Hexagon AB in 2010.

Wise currently serves on the Board of Directors of WellSky, Aspen Technology, Inc. (NASDAQ: AZPN), and Cerner Corporation (NASDAQ: CERN). Previously, he served on the Board of Directors of Cotiviti Holdings, Inc. (formerly NYSE: COTV) and Acxiom Corporation (formerly NASDAQ: ACXM), in addition to Intergraph Corporation (formerly NASDAQ: INGR) and MedAssets, Inc. (formerly NASDAQ: MDAS). Wise holds an MBA in finance and marketing from the J.L. Kellogg Graduate School of Management and a bachelor's degree in history from the University of Virginia. He is the Chairman and Chief Executive Officer of Lime Barrel Advisors, a private investment firm Wise founded in 2010.

About TPG

TPG is a leading global alternative asset firm founded in 1992 with more than $111 billion of assets under management and offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, and Singapore. TPG's investment platforms are across a wide range of asset classes, including private equity, growth equity, real estate, credit, and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio.

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