TPG hires ex-Dell CEO

Former Dell president and chief executive officer Kevin Rollins, who left Dell in January, has joined TPG Capital as a partner.

TPG Capital has hired former Dell president and chief executive officer Kevin Rollins as a senior advisor. Rollins will focus on the global technology sector, identifying investment opportunities as well as helping to manage TPG’s technology investment portfolio.

Rollins left Dell in January amid slow sales growth and a falling share price. His post was taken over by founder and chairman Michael Dell.

Before joining Dell, Rollins was a partner and director at Bain & Company, where he worked with high-technology and consumer products clients. At Bain, he advised Dell for several years before joining the company.

“Kevin Rollins is a proven leader who has drive management and operational innovations that have become business leadership standards today,” said TPG founding partner Jim Coulter in a statement.

Just five days ago TPG hired JP Morgan’s global co-head of mergers and acquisitions, Dag Skattum, to join the firm as a partner. The firm is said to be considering joining the £11 billion ($22 billion, €16 billion) auction for UK broadband cable company Virgin Media.