Warburg Pincus Private Equity

Office address: 450 Lexington Ave, New York, NY 10017
Website: www.warburgpincus.com
Year established: 1966
Company type: private equity firm
Employees: 775+
Expertise: investments, private equity funds, financial services, healthcare, energy, real estate, technology, industrial and business service, healthcare technology (HCIT), life sciences, medical devices, growth capital, buyouts, recapitalization, special situations investments
Parent company: N/A
Key people: Jeffrey Perlman (CEO), Chip Kaye (chair), Timothy Geithner (chair), Steven Glenn (CFO, COO), Kush Jhawar (CIO), Adrienne Filipov (CHCO), Raj Kushwaha (CDO), Doug Madden (CCO)
Financing status: N/A

Warburg Pincus Private Equity, a New York-based global growth investor, manages over $83 billion in assets with offices in 14 locations across 10 countries. With more than 225 portfolio companies spanning various industries and regions, the company has invested over $117 billion in more than 1,000 companies across 40 countries. For over 55 years, Warburg Pincus has partnered with management teams to build sustainable businesses by providing cross-sector resources, guidance, and active support.

History of Warburg Pincus Private Equity

Warburg Pincus Private Equity was established in 1966 when Lionel Pincus acquired EM Warburg & Co. By 1973, the firm became a founding member of the National Venture Capital Association, helping promote venture capital in the US economy. In 1983, the company became one of the first US private equity firms to invest in Europe.

The firm continued its global expansion by opening offices in London in 1987 and Hong Kong in 1994, making it a pioneer in the Chinese market. They entered Brazil in 2010 and had further expanded into Europe with an office in Berlin in 2019. Warburg Pincus signed the UN Principles for Responsible Investment in 2021 and completed a leadership transition in 2024.

Products and Services of Warburg Pincus Private Equity

Warburg Pincus offers a wide range of investment products designed to foster growth and long-term value:

• private equity investments: focus on providing capital to companies at various stages of development to drive growth
• growth capital: supports expanding businesses in need of financial resources to scale operations
• buyouts: acquire controlling stakes in companies to improve operations and boost performance
• recapitalizations: restructure a company’s financial foundation to enhance stability and growth prospects
• special situations investments: target businesses facing financial or operational challenges, offering solutions for recovery
• sector-specific expertise in consumer, financial services, healthcare, energy, real estate, technology, industrial, and business services

Warburg Pincus Private Equity leverages its expertise and financial strength to accelerate portfolio growth and create long-lasting businesses. By collaborating across regions and industries, the firm refines investment strategies tailored to individual companies. Through its team, resources, and capital, Warburg Pincus empowers companies to build sustainable value beyond the firm's investment.

Culture at Warburg Pincus Private Equity

Warburg Pincus Private Equity fosters a balanced environment where staff can grow across sectors and regions, developing into versatile investors capable of building scalable businesses. The company values intellectual curiosity, analytical skills, and collaboration in offering benefits such as:

• PTO and work/life balance: 4 weeks paid vacation, firm-wide days off, and flexible schedules
• benefits: medical benefits, 401(k) match, and pet care credits through Rover
• workplace environment: business casual dress code, approachable professionals, and a close-knit, collaborative IT team

Warburg Pincus integrates environmental, social, and governance (ESG) factors into its investment strategies and daily operations to create sustainable, long-term value.

The firm is also committed to attracting and retaining top global talent to build world-class portfolio companies. With a diverse workplace, it supports differentiated investments and lasting growth:

• environmental: addresses climate risks, resource use, pollution control, and biodiversity
• social: focuses on human rights, workforce well-being, DEI, and access to quality goods and services
• governance: prioritizes corporate governance, data security, regulatory compliance, and supply chain management

The firm values diversity of thought, experience, and background as key to making better decisions and fostering creative investing. Over the past decade, Warburg Pincus has worked to increase diversity within their global workforce and create an inclusive culture where all contributions are valued.

The company recognizes that more progress is needed to ensure its workforce and portfolio companies better reflect the diverse societies they operate in:

• DEI Council: formed in 2020 to formalize efforts addressing access and representation within the firm and its portfolio companies
• employee networks: Women@Warburg, Hola@Warburg, Black@Warburg, Asian@Warburg, Out@Warburg, and Parents@Warburg
• partnerships for greater diversity: collaborations with external organizations to mentor, train, and support diverse professionals

The Warburg Pincus Foundation supports various charitable, educational, and community organizations through both time and financial contributions. The firm aims to help nonprofits grow and positively impact their communities. Many senior employees, including partners, actively serve on nonprofit boards, contributing leadership and expertise.

About Warburg Pincus Private Equity CEO Jeffrey Perlman and Key People

Jeffrey Perlman became CEO in 2024 after previously serving as president and expanding operations in Asia Pacific and Southeast Asia. He serves on the executive committee and management group, joining Warburg Pincus in 2006 after working in real estate investment banking at Credit Suisse. Perlman holds a BBA from the Ross School of Business at the University of Michigan.

The following are some of the key leaders at Warburg Pincus Private Equity and their respective roles within the firm:

• Chip Kaye, serving as chair, joined the firm in 1986 and led its expansion into Asia in 1994, continuing to shape its global strategy
• Timothy F. Geithner, also serving as chair, applies his experience as former US Treasury Secretary to guide the firm's economic and strategic decisions
• Steven G. Glenn is a managing director, CFO, and COO who helps lead the firm’s global financial and operational activities
• Kush Jhawar, as managing director and chief information officer, drives the firm's global IT strategy and infrastructure development
• Adrienne Filipov, serving as managing director and chief human capital officer, leads talent management, focusing on recruitment, retention, and employee development globally
• Raj Kushwaha is a managing director and co-head of Value Creation, and chief digital officer who oversees digital transformation and operational efficiencies within portfolio companies
• Doug Madden, managing director and chief compliance officer, ensures adherence to legal and regulatory standards across the firm’s global operations

The Future at Warburg Pincus Private Equity

Warburg Pincus Private Equity continues to strengthen its presence in the global real estate market through strategic partnerships and acquisitions. A recent joint venture with Lendlease resulted in the acquisition of a $1.2 billion portfolio of business parks and R&D facilities in Singapore. This deal solidifies Warburg Pincus’ position as a leader in the life sciences and advanced manufacturing sectors within the region.

The company also plans to expand its investment footprint in Vietnam, focusing on sectors like industrial development and financial services. Warburg Pincus Private Equity has invested heavily in BW Industrial Development, a leading provider of infrastructure for international manufacturers, aiming to boost Vietnam's manufacturing capacity. With over $2 billion invested in businesses like MoMo and Techcombank, it aims to support the country’s economic growth through strategic investments across various industries.