TPG Capital

TPG manages approximately $224 billion in assets, co-founded in 1992 by David Bonderman and James Coulter in San Francisco, giving it a West Coast orientation distinct from New York-centric PE peers. TPG's 1993 rescue of Continental Airlines from bankruptcy for $65 million, which eventually returned $900 million, established its reputation for distressed and complex deals. In 2022 it went public at a $9 billion valuation, with notable portfolio companies including McAfee, Univision, and Airbnb.