Private equity billionaire David Bonderman, who co-founded the asset management firm TPG and was the co-owner of the NHL's Seattle Kraken, died Wednesday at the age of 82.

David Bonderman, the billionaire investor and businessman who co-founded private equity firm TPG and was a co-owner of the Seattle Kraken NHL team, died Wednesday at the age of 82.

Kraken CEO Tod Leiweke issued a statement reading, “David had a love for the Pacific Northwest, and a passion for sports and music that came together when he founded the NHL’s 32nd franchise, the Seattle Kraken and rebuilt Climate Pledge Arena, alongside his partners at OVG (Oak View Group).