An outpouring of grief and admiration met the passing of David Bonderman, a billionaire executive who was known for founding private equity firm TPG and, more recently, bringing professional hockey to Seattle.
Bonderman, 82, died Wednesday surrounded by his family. Bondo, as he was affectionately called, launched TPG, which started out as a PE firm, in 1992. Now called a global alternative asset management firm, TPG was known for years for its retail investments that included J.Crew, Neiman Marcus and Fender Musical Instruments. TPG, in the past decade, has gained a reputation for its healthcare and tech investing, including Spotify, Airbnb and Uber. TPG has $239 billion in assets under management
