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TPG controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2019

    Bill McGlashan and college-admissions bribery case

    TPG fired senior executive Bill McGlashan after his involvement in the United States college-admissions bribery investigation became public.

  2. 2017

    David Bonderman resigns from Uber board after sexist remark

    Bonderman stepped down from Uber’s board after making a sexist comment during a company meeting. The incident concerned his conduct as an Uber director rather than an allegation that TPG itself had violated financial regulations.

  3. 2010

    Scrutiny of WIND Hellas transaction

    Commentary questioned the circumstances in which TPG and another investor redeemed convertible preferred instruments connected with WIND Hellas while the telecommunications company faced financial distress and later bankruptcy protection.

  4. 2008

    Washington Mutual investment loss

    TPG’s investment in Washington Mutual was severely impaired after the bank was taken over by United States authorities during the financial crisis. Analysts and commentators later described the transaction as one of the most damaging private-equity investments of its period.