TPG will be following in the footsteps of Blackstone, Apollo, KKR and Carlyle, which helped shape the $US4 trillion alternative assets industry in the 1990s and 2000s.
At the inaugural home game of the National Hockey League’s Seattle Kraken this October, team co-owner and private equity billionaire David Bonderman looked on as a tribute video showed footage of his undergraduate days at the University of Washington in the 1960s.
The Krakens lost the match, but it was nevertheless the culmination of years effort – and hundreds of millions of dollars – from Bonderman, 79.
