Warburg Pincus LLC

We are proud to announce that Jeffrey Perlman will become CEO of Warburg Pincus in September. Jeff, who was named President of the firm last year, succeeds Chip Kaye, who will become Chairman alongside Timothy Geithner, the 75th Secretary of the U.S. Department of the Treasury. This appointment represents only the third generation of leadership for the firm in its nearly 60-year history. Jeff joined Warburg Pincus nearly 18 years ago. Over the course of his career, he significantly expanded the franchise in Asia, including opening the firm's Singapore office in 2016, overseeing its private equity investing activities in Southeast Asia, and building out the firm’s real estate business across the Asia-Pacific region. Jeff has also co-founded several leading real estate companies in Asia and currently serves or has previously served on the Boards of Directors for numerous leading companies including BW Industrial Development JSC, MoMo (M_Service), StorHub Self Storage, Princeton Digital Group, and ESR Group. In addition, Jeff is the Chairman of the Board of Directors for the US-ASEAN Business Council, which works to create trade and investment opportunities in Southeast Asia. Chip joined Warburg Pincus in 1986 and served as CEO for over two decades. Chip led Warburg Pincus’ entry into Asia in 1994, driving the growth of one of the first global private equity firms to enter the region with early offices in China and India. Over the course of his tenure, Warburg Pincus private equity funds generated over $100 billion in fund profits. Please join us in congratulating Jeff on this well-deserved appointment and thanking Chip for his continued impact and dedication to Warburg Pincus. For more on the announcement, please visit: https://lnkd.in/eszHDwJZ

We are excited to announce our investment in Varicent, an industry leader in sales performance management (SPM) software, alongside Great Hill Partners and Spectrum Equity. The investment will allow Varicent to advance its proprietary Revenue Performance Engine framework, accelerate delivery of AI-driven capabilities, and reinforce its position in key markets globally. Varicent's position as a category leader, coupled with its experienced management team and strong customer advocacy, presents significant opportunities for continued innovation and market expansion. We're excited to support Varicent's next phase of growth and look forward to partnering with Marc Altshuller and his team. For more on the investment, please visit: https://lnkd.in/ewGqKjMF

Last week, Warburg Pincus’ Managing Director and Head of Brazil Henrique M. and Former Head of Brazil Piero Minardi were on the ground in São Paulo for the annual ABVCAP Conference. During the event, Henrique joined a panel to discuss private equity’s road to recovery and timely market insights, and Piero interviewed General Atlantic’s Co-President and Head of Global Growth Equity Martin Escobari about the unique aspects of investing in Brazil in the current geopolitical landscape.   Learn more about ABVCAP here: https://lnkd.in/duBZy4nV

We are proud to share the sale of Duetto, a leading provider of revenue management software for the hospitality industry, to GrowthCurve Capital. Duetto provides revenue management software that enables hotels to forecast and optimize demand and set prices. Over the course of our ownership, Duetto made significant investments in product to serve customers from small independents to enterprise accounts, and laid the groundwork for a scalable GTM strategy. “It has been a privilege and a pleasure to partner with Duetto these past seven years. Duetto’s relentless focus on customer satisfaction has been key to its success,” said Ashutosh Somani and Parag Gupta, Managing Directors at Warburg Pincus. “Under David Woolenberg’s leadership, Duetto has built an incredibly talented team that we are confident will continue to thrive in its next phase of growth.” We wish David and the Duetto team the best in their next chapter. For more on the deal, please visit: https://lnkd.in/ecCGy_pZ

We are excited to announce our investment in CData Software, a leading provider of data connectivity solutions, in partnership with Accel. The funding round will allow CData to accelerate its investments in building innovative data integration solutions for customers. CData is a great fit within our portfolio as a market leading provider of mission-critical data connectivity solutions, allowing organizations to connect, integrate, and manage data from various sources across on-premises and cloud environments. We believe that our investment will bring CData into its next phase of growth and support the company’s mission to simplify access to data. We look forward to partnering with Amit Sharma, Founder and CEO of CData and his team, along with Updata Partners and Accel, to expand and accelerate their success in this demanding market. Since inception, the firm has invested over $32 billion in technology companies, becoming one of the most active investors in the sector and known for a disciplined, vertical-focused approach. We have backed many mission-critical SaaS platforms in a variety of categories including fintech, infrastructure, edtech, cybersecurity, supply chain tech, govtech, risk and compliance and healthcare IT. For more on the investment, please visit: https://lnkd.in/e3g6Usfr

We are proud of our next generation of leaders at Warburg Pincus, providing a consistent and strong direction for the firm and allowing us to capitalize on interesting opportunities in today’s market. As a testament to this deep bench of talent, we are excited to announce that Chandler Reedy and Justin Sadrian have been named Co-Heads of the U.S. Technology Group and Mark Colodny has been named Chairman of Global Technology, while also remaining as Co-Head of U.S. Private Equity with Jim Neary.   Since our inception, the firm has invested over $32 billion in technology companies, becoming one of the most active investors in the sector and known for a disciplined, vertical-focused approach. We have backed many mission-critical SaaS platforms in a variety of categories including fintech, infrastructure, edtech, cybersecurity, supply chain tech, govtech, risk and compliance and healthcare IT. We are excited to see a more robust and integrated Technology team, which will continue to drive the firm’s U.S. private equity franchise alongside our teams in Financial Services, Healthcare, and Industrials, including Energy Transition & Sustainability.   Congratulations to Mark, Chandler and Justin. 

On May 31, Warburg Pincus hosted BlackGen Capital’s third national conference at our New York office. As the lead sponsor for this year’s conference, we were pleased to welcome over 140 students representing ten university chapters. Students had the opportunity to hear from Martin Laguerre, Steven Glenn, Matthew Porter, Kunal Mehta, and Elijah P. through interactive sessions, deal walkthroughs, and panel discussions. A special thank you to the Warburg Pincus participants and everyone at BlackGen Capital who made this event possible. Highlights of the event included: - Martin Laguerre served as the opening speaker. - Kunal Mehta presented a deal walkthrough. - Elijah Pierre led a breakout session on experiences as a minority in investing. - Matt Porter was featured in a live interview by Joshua Figueroa, Chief Investment Officer at BlackGen Capital. - Steven Glenn delivered the closing remarks.

We are excited to announce that Warburg Pincus will partner with The Wharton School to provide program scholarship opportunities for students from underrepresented backgrounds with strong academic skills and a demonstrated interest in finance. Warburg Pincus scholars will receive a full scholarship to attend The Wharton School Academy through this program. Additionally, they will gain exclusive invitations to private events on campus and valuable networking opportunities with Warburg Pincus professionals. Students who complete the Fundamentals of Corporate Finance and Valuation Academy program will earn a Wharton certificate. We are excited to welcome the inaugural class this year and look forward to being on campus and working with these talented students! Learn more about the partnership here: https://lnkd.in/eXJ9mfvF

Congrats to IntraFi on the launch of the ACT Deposit Program by the Community Development Bankers Association and National Bankers Association. We are proud to support the initiative and look forward to following the program's impact and progress.

At this year's SuperReturn International Conference, Leela Ramnath, Senior Vice President, Global Head of Sustainability Strategy at Warburg Pincus, participated in a panel focused on how sustainable value creation is propelling private markets.