A lawyer and investor who managed money for one of the richest families in Texas, helped create one of the giants of the private-equity business and pushed to bring professional hockey to Seattle has died.
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Born in Los Angeles on Nov. 27, 1942, Bonderman attended the University of Washington and Harvard Law School, from which he graduated in 1966. Bonderman and Coulter started Texas Pacific Group in 1992. According to its website, the private-equity firm now known as TPG manages $239 billion in assets and has invested in industries that include health care, technology and business services. The firm was a major early investor in short-term rental site Airbnb and music streaming service Spotify.
In politics, Bonderman was a longtime backer of former Texas governor and Republican President George W. Bush but flipped to support Democrat John Kerry in the 2004 presidential election. He famously told The Wall Street Journal that Bush was “a really good guy” but had divided the country.
Business U.S. News David Bonderman Arianna Huffington Jim Coulter George W. Bush Sports
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