Bonderman’s Wild Ways Forged TPG. It’s Up to Winks to Tame It (2)

Talk to just about anyone who’s worked at TPG Inc. over the past three decades and they’ve got a David Bondermanstory.

There was the time he spent weeks holed up on a superyacht off the coast of Australia while authorities tried to question him over a $700 million tax bill. Or when executives rented a private island in the Caribbean to celebrate the wildly lucrative buyout of Continental Airlines.

There was that incident when Bonderman resigned from Uber Technologies Inc.’s board after making a sexist remark in response to board member Arianna Huffington. And, in events that now have added significance, Bonderman twice ...