David Bonderman, co-founder of alternate asset manager TPG, dies at age 82

(Reuters) -David Bonderman, the co-founder of the $239 billion alternative asset management giant TPG, has died at the age of 82, the company said on Wednesday.

Bonderman and Jim Coulter, former colleagues at the Bass Family Office, created TPG in 1992 and opened the firm’s first offices in San Francisco.

He was born in Los Angeles in 1942 and was also the owner of the National Hockey League’s 32nd expansion franchise, the Seattle Kraken.

He won several accolades, including the Golden Plate Award from the American Academy of Achievement and the Woodrow Wilson Award of Corporate Citizenship.