Alltel's new owners have wireless experience.(News)

RCR Wireless News,  May, 2007  

Tags: Alltel Corp., wireless

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Byline: KELLY HILL

TPG, formerly Texas Pacific Group, was founded in 1992 and manages more than $30 billion in capital, spread across private equity, venture capital and public equity/debt investing. The company describes its investment philosophy as "[creating] value by investing in change-change created by industry trends, economic cycles or specific company circumstances.''

Some of TPG's investments include participation in the $4.9 billion buyout of Metro-Goldwyn-Mayer Inc. and the $5.1 billion buyout of Nieman Marcus Group. The company bought the third largest ...

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