Sixth Street Co-Founder Joshua Easterly to Retire From Firm

Joshua Easterly, who co-founded and helped build Sixth Street Partners into a more than $125 billion private capital manager, is retiring from the San Francisco-based firm.

Easterly, 49, will step down as co-president and co-chief investment officer effective June 30, according to an internal memo seen by Bloomberg. Co-CIO Julian Salisbury and co-founder Matt Dillard were named co-presidents alongside David Stiepleman. Dillard and co-founder Bornah Moghbel will join Salisbury and CEO Alan Waxman as co-CIOs.