David Bonderman, co-founder of TPG and Seattle Kraken co-owner, dies at 82

Published On Dec 11, 2024, 4:24 PM

David Bonderman, a significant figure in private equity as the co-founder of TPG, has passed away at age 82. Bonderman's leadership helped TPG grow from a small firm into a major player, now valued at $24.3 billion with investments across various sectors such as technology and healthcare. Under his guidance, TPG became publicly traded and Bonderman remained a prominent figure in the organization, also known for his ownership of NHL’s Seattle Kraken.

Stock Forecasts

While Bonderman's passing may initially cause some uncertainty within TPG and related markets, the firm's strong position and diversified investments are likely to stabilize over time. TPG's ongoing operations and leadership team should manage the transition effectively. Investments related to TPG's portfolio should remain robust.

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