TPG Capital (abbrev. for Texas Pacific Group) is an American investment company. The private equity investment firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in a range of industries including consumer/retail, media and telecommunications, industrials, technology, travel/leisure and health care. The firm was founded in 1992 by David Bonderman, James Coulter, and William S. Price III and has raised $50 billion of investor commitments across more than 18 private equity funds. TPG is headquartered in Fort Worth, Texas, and San Francisco, California. The company has additional offices in Europe, Asia, Australia and other parts of North America.