Jun 18, 2026 – 4.31pmTPG Capital’s regional head Joel Thickins allegedly pressured a former managing director at the private equity firm to come up with financial forecasts for a portfolio company he felt were unrealistic, in the lead up to a secret workplace settlement that was worth up to $5 million.Rob Speedie made the claims directly against Thickins and the buyout firm’s head of healthcare Vincent Wong, who both sat on the board of Novotech, a clinical research business that is one of its most valuable investments.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
TPG Capital chief Joel Thickins emerges as key in secret $5m payout
The top dealmaker was forced to sit out of negotiations after Rob Speedie levelled accusations against him and others at the private equity giant.









