William S. Price III (Chair), Co-Founder and Partner Emeritus, TPG Capital, L.P.

William S. “Bill” Price, III is a co-founder and partner emeritus of TPG Capital, LP (formerly Texas Pacific Group), a private equity fund founded in 1992 with over $30 billion in assets under management.  TPG deals include Ducati motorcycles, Punch Taverns Group, Del Monte Foods, Petco, J. Crew, Continental Airlines, Gemplus, Grohe and Seagate.  TPG has owned various wine industry assets including Beringer, Chateau St. Jean, St. Clement, Meridian, Stags Leap Winery and wineries in China and Turkey. 

Bill left TPG in 2007 to focus on pursuing his passion in the wine business.  He owns Durell Vineyards with 150 acres of pinot noir, chardonnay and syrah in Sonoma County.  He founded Three Sticks Winery in 2002 and bought stakes in Buccella and Kistler Vineyards.  He is a founder of The Vincraft Group, a winery acquisition fund which invested in Kosta Browne and Gary Farrell Wineries.  Prior to forming Texas Pacific Group, Mr. Price was Vice President of Strategic Planning and Business Development for GE Capital and an attorney at Gibson, Dunn & Crutcher. 

Mr. Price serves as board chairman for Common Sense Media.  He also serves on the boards of the California Academy of Sciences, the California Mentor Foundation, the Dignity Fund, and Justgive.com.  He joined the Gladstone board in 2007and is currently the Foundation Board Chair.