_____________________________________________________________________________________ Joshua Peck | Sixth Street
Scaling global business strategy
Sixth Street’ s approach to building new businesses has shaped how Josh designs his team. The firm evaluates opportunities based on market cycles and often tests concepts before fully committing.“ For business building, we size and position based on the market cycle,” he explains.“ We incubate businesses before scaling them fully.” A prime example is the 2016 Spotify financing, which sparked a dedicated growth investing arm.“ We’ d invested in growth before, but that Spotify deal started our full growth investing business for mid- and late-stage companies,” Josh observes.
Global expansion follows the same careful strategy. London has hosted a presence since 2011, and European direct lending began in 2015. More recently, the firm expanded into Asia and the Middle East. Legal challenges multiply as the firm enters new regions.“ Each region brings unique transaction and regulatory nuances.” Josh’ s
It’ s been an incredible journey building the legal function to support our growth