Warburg Pincus related stories
All articles and analysis
Nexera Holding to operate as Newfi LendingNexera Holding LLC, a portfolio company of Warburg Pincus, said May 11 that it will now operate as Newfi Lending. Nexera’s wholesale lending business, which operated under the Blustream Lending brand, will now be called Newfi Wholesale.
- Former CDPQ CIO enters French politics
Roland Lescure, who more than doubled private equity assets during his tenure at the Canadian pension plan, is running for representative of French expats in North America in the French legislature.
- Warburg invests $231 mln in Modernizing Medicine
Warburg Pincus has invested $231 million in Modernizing Medicine Inc, a medical technology company.
- Apex International Energy add Gilmore, Saba
Apex International Energy said May 8 that appointed Willis "Trey" Gilmore as vice president of corporate reservoir engineering in Houston and Raed Saba as deputy general manager and exploration manager in Cairo. Apex International, an oil and gas exploration and production company focused on Egypt, is backed by Warburg Pincus.
- PEI 300 revealed: the industry’s fundraising giants
Our proprietary ranking of the world’s largest firms by capital raised in the last five years.
Canada's energy market showing signs of renewed lifeCanada's oil and gas industry has experienced turbulent times as of late. But current trends also present opportunities for companies and investors choosing to go deeper into the domestic energy space at the right price and in advance of a recovery, writes Neal Ross, a partner at Osler, Hoskin & Harcourt LLP. In a PE Hub Canada feature, Ross looks at current market conditions and highlights some of the ways in which Canadian energy companies are successfully partnering with private equity firms.
- Warburg Pincus taps Casserley as senior adviser
Warburg Pincus has named Dominic Casserley as a senior adviser in its financial services group. Casserley is a former CEO of Willis Group Holdings.
- Invesco to buy Warburg-backed Source
Invesco Ltd said April 27 that it agreed to buy Source. Financial terms weren’t announced. Source is majority owned by Warburg Pincus. Source is a specialist provider of ETFs based in Europe. The deal includes about $18 billion in Source-managed AUM, plus about $7 billion in externally managed AUM. J.P. Morgan Ltd advised Source.
ABB, Schneider Electric bid for General Electric unit: ReutersEuropean engineering groups ABB Ltd and Schneider Electric SE are competing for General Electric Co's industrial solutions division, which could fetch as much as US$3 billion, sources told Reuters. ABB and Schneider Electric are through to the second round of bidding for the GE unit, a provider of primarily electrical equipment. Private equity firms, including KKR & Co LP, Clayton Dubilier & Rice LLC, Warburg Pincus LLC and Canada's Onex Corp, are also in the running, according to the sources.
- Warburg Pincus to invest in CityMD
Warburg Pincus has agreed to acquire a majority stake in CityMD, an urgent care provider in the New York metro area. No financial terms were disclosed.