David Bonderman Dies, Leaves Lasting Legacy
David Bonderman Dies, Leaves Lasting Legacy

David Bonderman Dies, Leaves Lasting Legacy

News summary

David Bonderman, co-founder of the private equity firm TPG and owner of the Seattle Kraken NHL team, has died at the age of 82, surrounded by family. Known for his pioneering work in private equity, Bonderman's influence extended beyond finance into sports and philanthropy. He played a crucial role in the turnaround of Continental Airlines and the growth of Ryanair, making TPG a major player in global finance with $239 billion in assets under management. Bonderman was instrumental in bringing the NHL to Seattle, founding the Kraken, and overseeing the construction of the Climate Pledge Arena. His educational legacy includes the Bonderman Fellowships at the University of Washington, supporting global travel for students. His daughter, Samantha Holloway, continues his legacy as the Kraken's co-owner and chair.

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