David Bonderman, the lawyer turned personal fairness pioneer, has died at age 82.
Within the early Nineties, Bonderman co-founded Texas Pacific Group and led the buyout of Continental Airways. That deal cemented his standing as a turnaround tycoon, placing put him to a category of financiers, resembling Henry Kravis and Stephen Schwarzman, who had been daring sufficient to accumulate among the largest corporations within the US.
Bonderman got here into the world of high-stakes personal fairness buyouts from an unconventional route after first making his identify as a lawyer and preservationist.
In a press release, Bonderman’s kids stated: “We’re all grateful for having skilled his knowledge, wit, generosity, and love. His zest for all times, and his passions, particularly sports activities and music, had been infectious.”
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