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In 1993, on the strength of the Continental turnaround, Bonderman, his younger colleague Coulter, and William Price, an executive with experience at GE Capital and Bain & Co., would together form Texas Pacific Group, a private equity firm jointly headquartered in Fort Worth and San Francisco (in the early days, the founders would joke that they had to explain the company was not a railroad).
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Sujeet Indap (The Caesars Palace Coup: How a Billionaire Brawl Over the Famous Casino Exposed the Power and Greed of Wall Street)