Taek-Geun Kwon, a managing director at private equity firm TPG Capital, plans to leave before the end of this year to prepare the launch of long/short equity shop Toro Investment Partners in San Francisco, according to people familiar with his plans. Kwon will manage the portfolio with assistance from Adam Bhaijee, an investment executive who helped run a technology, media and telecommunications–focused strategy at hedge fund Meru Capital.
