Buyout firm TPG embraces Tech, China. (cover story)

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      The article focuses on the market transformation in China embraced by Texas Pacific Group (TPG). TPG has been a contrarian since David Bonderman, James Coulter and William Price teamed up in 1993. A similar shift was occurring in 1995, when TPG began its first forays into China. TPG teamed up with San Francisco-based Richard C. Blum $ Associates to form a $105 million joint venture called Newbridge Capital.