Warburg Pincus related stories
All articles and analysis
- Carmel Leaves Cisco for Warburg Pincus
Warburg Pincus confirmed Monday that Charles Carmel has joined as an MD in its San Francisco office. Carmel recently served as Cisco Systems' VP of corporate development. My coworkers at Thomson Reuters said Carmel was Cisco's top dealmaker http://www.reuters.com/article/2011/08/22/us-warburgpincus-idUSTRE77L5Q720110822?feedType=RSS&feedName=innovationNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FdealsNews+%28News+%2F+US+%2F+Deals+News%29&utm_content=Google+Reader and led the tech giant's acquisitions of WebEx and Scientific Atlanta. Before joining Cisco in 2001, Carmel was at Goldman Sachs, where he was a member of the technology investment banking group. Pat Hackett, who heads Warburg's technology, media and telecommunications group, said in a statement that he's pleased Carmel is joining the buyout shop. "Charles’ experience and expertise in venture capital, M&A and technology are an excellent fit with Warburg Pincus’ growth-oriented approach to investing," he said.
- Xiu.Com Gets KPCB, Warburg Pincus Backing
U.S. private equity firm Warburg Pincus LLC and venture capital firm Kleiner Perkins Caufield & Byers will jointly invest $100 million in China fashion shopping website operator Xiu.com, a source with direct knowledge of the matter told Reuters on Wednesday.
- The Week's Top 10 Posts Center On Fundraising, Viral Job Pitches, Startup Alumni Networks
So, which blog posts and news stories rose to the top of the most-read list this week? Following are the top 10 posts that garnered the most pageviews from regular readers of peHUB from August 1-5. (We do a separate list for the week's most popular slideshows.) This week's hot topics include fund-raising news from Avista Capital, CCMP Capital and Sycamore Partners;a video job pitch to Google gone viral; a critique of a Washington Post article on VCs and entrepreneurship (arguably the worst ever); and alumni networks that have formed around successful startups such as VMware, Tesla Motors and AdMob. 1. Matthew Epstein: "I'm Shocked Google Hasn't Issued a Cease and Desist Order /114464/matthew-epstein-i%e2%80%99m-shocked-google-hasn%e2%80%99t-issued-a-cease-and-desist-letter/ " by Connie Loizos 2. Worst Analysis of VCs and Entrepreneurship EVER! /113957/john-backus-worst-analysis-of-entrepreneurship-and-vcs-ever/ by John Backus 3. VCJ Cover Story: The Networking Effect /113989/vcj-cover-story-the-networking-effect/ by Joanna Glasner 4. Teten & Farmer: VC and PE Funds' Best Practices In Sourcing Investments /114023/teten-farmer-vc-pe-funds-best-practices-in-sourcing-investments/ by David Teten 5. What's next For Real Estate Venture? /114114/what%e2%80%99s-next-for-real-estate-venture/ by Joanna Glasner 6. Warburg Pincus Eyes Small Fries /114525/warburg-pincus-eyes-small-fries/ by Joseph Giannone 7. Avista Capital Looks To Raise $2B Fund /113993/avista-capital-looks-to-raise-2-bln-fund/ by Luisa Beltran 8. Ex-JPMorgan Affiliate Looks to SWFs As It Gears Up For Fund III /114257/ex-jpmorgan-affiliate-looks-to-swfs-as-it-gears-up-for-fund-iii/ by Bernard Vaughan 9. Golden Gate spin-out, Raising First Fund, Takes Stake in Talbots /113970/golden-gate-spin-out-raising-first-fund-takes-stake-in-womens-retailer/ by Bernard Vaughan 10. Guggenheim Venture Partners Becomes Alara Capital /114008/guggenheim-venture-partners-becomes-alara-capital-and-splits-from-guggenheim/ press release
- Carpenter & Co. to Seek $500 Mln Pool to Invest in Troubled Banks
Carpenter & Co., which is looking to invest in troubled banks, is expected to start fundraising this fall for its second fund, sources say. Irvine, Calif.-based Carpenter will be going out with a $500 million target, persons say. This is up from its first fund, Carpenter Community BancFund LP, which raised $280 million in 2009. Nearly all of Fund I has been deployed, persons say. Carpenter was founded in 1974 as bank consulting firm by Chairman and CEO Edward Carpenter. The PE affiliate was formed in 2006. In November 2008, the Federal Reserve awarded Carpenter bank holding status which allows it to take controlling positions (typically PE firms must keep their stakes below 24.9%).