Former Goldman partner joins Warburg Pincus – Exclusive

Thomas Carella, who retired in April from Goldman Sachs’s merchant banking division, where he was a partner, will be responsible for healthcare investing as Warburg’s partner and managing director.

Former Goldman Sachs partner Thomas Carella has joined Warburg Pincus as a managing director in its healthcare and consumer group, according to his LinkedIn profile and the Warburg Pincus website.

His LinkedIn indicates he began his position as a partner and managing director responsible for healthcare investing this month.

Carella previously worked as a partner in Goldman Sachs’ merchant banking division, which he left in April, according to his LinkedIn. At Goldman, Carella was focused on healthcare investing. He had been at the firm since September 2004.

Neither Warburg Pincus nor Carella were immediately available to comment.

In June, Warburg Pincus, which manages $40 billion in assets, hired former Deutsche Bank CFO Stefan Krause as a senior advisor for investing in Europe, as reported byPEI. Earlier this year, it also hired former Turkiye Garanti Bank CFO Murat Mergin as a senior advisor as it looked to begin investing in Turkey, as reported byPEI.

Warburg Pincus is currently fundraising for Warburg Pincus Private Equity China Fund, which launched in March, targeting $2 billion, according to PEI data. Last November it closed Warburg Pincus Private Equity XII, its twelfth flagship fund, on $13.4 billion, ahead of its $12 billion target, according to PEI data.