"Clearly there's greater upside potential in the highly leveraged companies, " says William Price, a partner with financier DavidBonderman in Fort Worth-based Texas Pacific Group.
DavidBonderman and Jim Coulter of TPG (Texas Pacific Group) ultimately made ten times their money on the investment in a sagging Continental Airlines, but their profits were clearly a function of making the flying experience infinitely better for customers.
While accession to the WTO is not high on the list of the current leadership in the Kremlin, private investors like DavidBonderman of TPG Capital have said that entry into the organization would ultimately help modernize Russian corporate law and transparency.