Obituary

David Bonderman, Buyout Dealmaker Who Co-Founded TPG, Dies at 82

  • Private equity investor was ‘a contrarian par excellence’
  • He made profitable bets on Uber, Airbnb, Continental Airlines
David BondermanPhotographer: SeongJoon Cho/Bloomberg

David Bonderman, the colorful yet publicity-shy co-founder of private equity titan TPG Inc. who became a billionaire by spearheading massive company takeovers, bailouts of foundering enterprises and splashy investments in startups, has died. He was 82.

Bonderman died on Wednesday, according to a statement from his family and TPG. A cause of death wasn’t cited.