Warburg Pincus managing director joins Trump admin

The former managing director, who focused on public policy and ESG at the firm, previously served in the Bush administration.

Kenneth Juster, a managing director at Warburg Pincus, has left the firm to join the Trump administration as deputy assistant to the president for international economic affairs.

His departure was noted in a Securities and Exchange Commission regulatory filing by Warburg Pincus portfolio company Bridgepoint Education dated Monday.

Kenneth Juster, a director at the company, provided notice of his resignation from the board of Bridgepoint Education, effective 19 January, the company said. 

“Juster’s decision to resign from the board was for personal reasons not related to any disagreement with the company relating to the company’s operations, policies or practices,” Bridgepoint Education wrote. “Juster has resigned from Warburg Pincus to join the Trump Administration as the deputy assistant to the President for international economic affairs.”

Warburg Pincus declined to comment. A source familiar with the matter confirmed Juster’s departure. 

Juster joined Warburg Pincus in 2010, where he was also in charge of public policy and ESG. His Warburg Pincus profile, which is no longer on the firm’s website but available through internet archives, noted that he focused on a range of issues including political risk, global public policy and regulatory matters relating to the firm’s investment activities and portfolio companies as well as environmental, social and governance initiatives.

This is not the first time Juster has served in a presidential administration. From 2001 to 2005, he served as US undersecretary of commerce for George W Bush and was a counselor of the US department of state from 1992 to 1993.