TPG Capital's Bonderman Interested in NBA's Warriors, CSNBayArea Says
David Bonderman, the founder of private-equity firm TPG Capital, is among those who might be interested in buying the National Basketball Association’s Golden State Warriors, CSNBayArea.com reported.
Representatives from TPG, without Bonderman, toured Oracle Arena in Oakland, California, and the team’s training facility yesterday, the website said, citing multiple people with knowledge of the visit.
Owen Blicksilver, a spokesman for TPG, declined to comment in a telephone interview.
Other interested buyers include Oracle Corp. Chief Executive Officer Larry Ellison, 24 Hour Fitness Worldwide Inc., founder Mark Mastrov and Peter Guber, chief executive officer of Mandalay Entertainment Group, according to the website. It’s unknown whether Guber is the primary bidder in the Mandalay Group, as Joseph Lacob, a senior partner at venture fund Kleiner Perkins Caufield & Byers, also took part in Mandalay’s arena tour last week, the website said.
The franchise, which has been majority owned by former cable company executive Christopher Cohan for 15 years, announced its plans in March, hiring Galatioto Sports Partners LLC to handle all aspects of the sale.