David Bonderman

David Bonderman co-founded Texas Pacific Group (later rebranded as TPG) in 1992 with Jim Coulter and Bill Price. Their founding investment was a turnaround of Continental Airlines in 1993, which established the template for TPG's operational-improvement approach to buyouts. TPG subsequently made landmark investments across airlines, retail, financial services, healthcare, and technology in the US, Europe, and Asia. Major investments include Neiman Marcus, Burger King, Univision, Caesars Entertainment, Airbnb (early investor), and Uber (early investor). TPG expanded into Asia early among major PE firms, building a significant platform in China, India, and Southeast Asia. Bonderman is known for his contrarian instincts — buying when others are selling, particularly in distressed situations — and for a deep knowledge of corporate governance and deal structure.