Business
David Bonderman, Co-Founder of TPG, Passes Away at 82
David Bonderman, the co-founder of the private equity firm TPG (Texas Pacific Group), has passed away at the age of 82. The news was announced by TPG on Wednesday, December 11, 2024.
Bonderman, born in Los Angeles in 1942, was a pivotal figure in the private equity industry. He co-founded TPG in 1992, which has since become one of the largest and most influential private equity firms globally. Under his leadership, TPG has been involved in numerous high-profile deals and investments across various sectors.
In addition to his work in private equity, Bonderman had diverse interests and investments. He was also the owner of the Seattle Kraken, the 32nd expansion franchise of the National Hockey League.
Bonderman’s career was marked by numerous achievements and accolades. His contributions to the financial and business worlds have been significant, and his legacy is expected to continue through the firm he co-founded.