Sixth Street

Office address: Sixth Street Partners, San Francisco, CA 94104 
Website: www.sixthstreet.com 
Year established: 2009 
Company type: investment firm 
Employees: 600+ 
Expertise: capital investment, technology, healthcare, financial services, sports and media, infrastructure, real estate, agriculture, energy, consumer and retail, industrial services, telecommunications, entertainment 
Parent company: N/A 
Key people: Alan Waxman (CEO), Clint Kollar (co-founder), Michael McGinn and Robert Stanley (co-heads), Martin Chavez (vice chair), David Stipleman (co-president), Keith Barr and Kristi Turner (senior operating advisors) 
Financing status: N/A 

Sixth Street is a global investment firm headquartered in San Francisco, managing over $80 billion in assets across multiple markets. With more than 600 team members, including 250+ investment experts, the firm serves a broad client base spanning over 25 countries. Known for its collaborative investment strategies, the firm specializes in delivering tailored financial solutions through flexible capital and cross-platform insights. 

History of Sixth Street 

Sixth Street was founded in 2009 by CEO Alan Waxman and a team of former Goldman Sachs colleagues. Their goal was to establish a proprietary investment platform similar to the one they managed at Goldman, beginning with $2 billion in capital from TPG. Though TPG held a minority stake, Sixth Street operated independently and, by 2020, gained full autonomy with TPG as a passive investor.  

In the same year, the company co-led a $1 billion investment in Airbnb, marking a significant growth milestone. They expanded further by acquiring a stake in the San Antonio Spurs, followed by securing rights to a share of FC Barcelona’s LaLigaSportsTV income. In 2023, they led a group that secured rights to a National Women’s Soccer League team in the Bay Area, with Waxman on the board. 

Products and Services of Sixth Street 

Sixth Street offers diversified investment solutions that support growth, financing, and long-term investment strategies: 

• growth investing: targeting fast-growing companies to foster expansion 
• adjacencies: strategic investments in complementary industries and services 
• direct lending: providing credit solutions for mid- to large-sized businesses 
• fundamental public strategies: engaging in market-specific public investment strategies 
• infrastructure: investing in essential public assets, focusing on sustainability 
• special situations: customized financing for companies with unique needs 
• agriculture: capitalizing on growth in agricultural sectors 
• par liquid credit: supporting clients through flexible credit structures 

Sixth Street operates as an integrated investment firm grounded in its One Team philosophy, which spans its Sourcing, Capital Formation, and Core Platform divisions. This unified approach strengthens its ability to provide strategic, long-term financial solutions. Together, these platforms form the essential pillars of their investment model. 

Culture at Sixth Street 

Sixth Street fosters a culture of intellectual curiosity, where employees keep learning and refining their skills. The firm values learning from diverse perspectives to broaden thinking and enhance professional growth as it provides mentorship and authentic connections. The company supports employees’ overall well-being through a comprehensive benefits package, including mental and physical health resources: 

• family support: paid family leave, adoption assistance, stipends for fertility/surrogacy, tutoring, and backup care for children and elders 
• mental health and wellness: virtual therapy and meditation services, employee assistance programs, and discounted gym memberships 
• healthcare: concierge medical services for employees and their families 
• charitable matching: annual donation match of $3,000 per employee for qualified nonprofits through the Sixth Street Gives program 

The company integrates environmental, social, and governance (ESG) factors to enhance investment decisions and identify long-term risks. By upholding integrity and transparency, the firm aims to align financial returns with responsible practices. As a UN Principles for Responsible Investment signatory, Sixth Street commits to impactful ESG initiatives, which include: 

• talent and opportunity: expanding entry paths into finance, recruiting from a wide range of schools, and offering Early Insights for undergraduates 
• inclusive culture: creating an environment where each person can contribute fully, with initiatives to support inclusion and diversity 
• affinity groups: fostering connections and mentorship through Employee Affinity Groups (EAGs) for leadership and shared engagement 
• diversity focus: setting and tracking goals that promote a One Team culture, with inclusive recruiting and career development 

Sixth Street Gives, the firm’s philanthropic platform, advances economic security and opportunity through financial and volunteer support for nonprofits in their operating regions. Employees are encouraged to actively lead within their communities, bringing both time and expertise to support impactful causes. They believe in combining financial contributions with team engagement to create meaningful, lasting change. 

About Sixth Street CEO Alan Waxman and Key People 

Alan Waxman is the CEO and co-founder of the company and co-chairs the new National Women’s Soccer League franchise in the Bay Area. He was a partner at Goldman Sachs and remains involved with Westbound Equity Partners as a strategic advisor. Waxman holds a BA in international relations from the University of Pennsylvania and serves on the University’s board of overseers. 

Sixth Street's leadership team consists of accomplished professionals who drive the firm’s strategic initiatives and growth efforts: 

• Clint Kollar serves as a co-founder and chief origination officer, overseeing sourcing and structuring investments 
• Michael McGinn is a co-head of Sixth Street Growth, leading strategic partnerships and scaling initiatives for growth-stage companies 
• Robert (Bo) Stanley, also a co-head of Sixth Street Growth, focuses on growth investments and developing long-term client relationships 
• Martin Chavez acts as vice chair, contributing expertise in technology and innovation within the firm’s investment strategies 
• David Stipleman, co-founder and co-president, manages operational processes and co-leads firmwide investment planning 
• Keith Barr, a senior operating advisor, guides business operations and transformation strategies for portfolio companies 
• Kristi Turner, also a senior operating advisor, advises on talent strategy and organizational development across the firm 

The Future at Sixth Street 

Sixth Street plans to expand into the sports sector by launching its first dedicated sports fund, focused on teams, leagues, media rights, and related ventures. With existing investments in the San Antonio Spurs, Real Madrid stadium operations, and FC Barcelona's media rights, the firm’s sports portfolio continues to grow. Managing over $80 billion in assets, the company aims to strengthen its impact in the sports industry through strategic partnerships and targeted investments. 

In October 2024, Sixth Street Growth partnered with Amazon Web Services (AWS) to host an event on strategic innovation through generative AI. The gathering connected senior leaders across the firm’s portfolio to explore AI's potential to enhance business value. By collaborating with AWS, the company reinforced its mission to equip portfolio companies with cutting-edge technology for competitive advantage.