David Bonderman, co-founder of private equity firm TPG and owner of the Seattle Kraken hockey team, has passed away at 82. A philanthropist and businessman, Bonderman was known for his shrewd investment skills and his ability to make bold decisions.
Born in Los Angeles in 1942, Bonderman attended Harvard Law School and later became a partner at a high-powered law firm in Washington D.C. He went on to co-found TPG with Jim Coulter in 1992, which has since become one of the largest private equity firms in the world.
Bonderman was also known for his low-key approach to public life, rarely granting interviews and instead focusing on his investments. However, he did use his wealth to support various causes, including philanthropic work and investing in companies such as Airbnb and Spotify.
In the world of professional hockey, Bonderman played a key role in bringing the Seattle Kraken to the National Hockey League. The team’s CEO, Tod Leiweke, has said that Bonderman was a visionary who made bold decisions and brought a unique perspective to the team.
Bonderman’s passing marks the end of an era for the business world, but his legacy as a shrewd investor and philanthropist will live on.
Source: https://apnews.com/article/david-bonderman-obituary-investor-seattle-kraken-6028779d1e8d1ee358a92beccf5a581e