Home Uncategorized Bono Joins New $3 Billion TPG Investment Fund As Special Advisor

Bono Joins New $3 Billion TPG Investment Fund As Special Advisor

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Bono
Just as U2 heads out on a
major tour, frontman Bono is adding to his
resume as special advisor to a major new tech
investment fund; and this isn’t the first time he’s dabbled at
tech.

U2 frontman Bono has accepted the role of special adviser
to a new $3 billion growth fund currently raised by equity fund
investor David Bonderman’s TPG Capital, according to the NY The
Post. Bono has
image from images.vcpost.com
also reportedly
invested $3 million of his own money in TPG owned carpooling
service Ride.

Actor and tech investor Ashton Kusher will also take on a
similar role at TPG’s new fund.

In 2005, Bono was a co-founder of investment fund Elevation
Partners.  That firm appears to be winding down.
 “For Bono, TPG is the replacement of Elevation Partners,”
a source told The Post. Bono is also on the board of
Fender Musical Instruments, which is owned by TPG.

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