TPG’s Bonderman says Li Ning will come good

David Bonderman, founder of private-equity giant TPG, says the turnaround of Chinese sportswear company Li Ning should reward shareholders other than TPG.
<div style="text-align: left;"> TPG is hoping to turn Li Ning into a winning company </div>
<div style="text-align: left;"> TPG is hoping to turn Li Ning into a winning company </div>
May 24, 2013

David Bonderman, founder of TPG Capital, says the $48 billion private-equity giant’s turnaround plan for Chinese sportswear company Li Ning needs time to come good.

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