David Bonderman, Buyout Dealmaker Who Co-Founded TPG, Dies at 82

David Bonderman, the colorful yet publicity-shy co-founder of private equity titan TPG Inc. who became a billionaire by spearheading massive company takeovers, bailouts of foundering enterprises and splashy investments in startups, has died. He was 82.

Bonderman died on Wednesday, according to a statement from his family and TPG. A cause of death wasn’t cited.

Bonderman was a leading member of a generation of financial entrepreneurs who built fledgling buyout shops into Wall Street powerhouses. Others include Henry Kravis, Steve Schwarzman and David Rubenstein.

TPG, the firm he started with Jim Coulter in ...