TPG Newbridge, one of the world's biggest private equity funds, seems set to emerge as SkyCity Entertainment Group's mystery suitor. TPG Newbridge consists of Texas Pacific Group and its Asia-Pacific affiliate Newbridge Capital. TPG is already busy building a major position in the international casino sector. With partner Apollo Management, it is set to complete the USD 27.8 billion (NZD 37.4 billion), or USD 90 a share, all-cash buyout of Harrah's Entertainment by the end of the year.