Warburg Pincus related stories
All articles and analysis
- Mobile banking money Varo Money appoints chief design officer
San Francisco and Utah-based Varo Money Inc, a mobile banking company, has appointed August de los Reyes as chief design officer. Previously, he was a director at Google for the search, assistant and news ecosystem. Varo Money is backed by Warburg Pincus and TPG-backed The Rise Fund.
- Warburg Pincus invests in Indecomm Digital
Warburg Pincus has invested about $200 million in Indecomm Digital Services. Based in Scottsdale, Arizona, Indecomm Digital is a provider of next-generation product engineering and digital experience services to technology companies and software businesses.
- Defi Solutions and Sagent Auto to merge
Defi Solutions and Sagent Auto, two auto lending technology and services providers, have agreed to merge. The newly combined company will be known as Defi Solutions and be backed by Warburg Pincus, Bain Capital Ventures and Fiserv, Inc. No financial terms were disclosed. Bret Leech, CEO of Sagent Auto, will lead the newly merged company, which will be based in Westlake, Texas.
- Warburg Pincus recruits Tait as adviser for TMT group
Warburg Pincus has appointed Frank Tait as an industry adviser in the technology, media and telecommunications group. Previously, he was senior vice president of corporate development at Frontline Education.
NJDOI approves allocation range and searches for new investments in private equityThe State Investment Council has approved a range to the asset class and hints at future investment plans for the portfolio.
Private equity fundraising dips to four-year low in H1Growth funds had a 73% increase in capital raised with more than $50bn amassed in the first half of this year, according to PEI data.
Side Letter: H1 fundraising falls, CalPERS PE returns halve, Warburg departureFinding it difficult to raise capital these days? Our H1 fundraising numbers suggest you're not alone, with final closes at a four-year low. Here’s today's brief, for our valued subscribers only.
Warburg Pincus’s Joseph Landy to step downThe co-CEO has led the firm alongside Charles Kaye since 2000, growing its assets more than fourfold while remaining a pure-play private equity player.
Warburg MD joins former colleague at China’s CenturiumMichael Chen, who led consumer investments in China, joined Centurium Capital in June.