Warburg Pincus and Groupe Marc de Lacharriere Announce Investment

NEW YORK and PARIS, Oct. 28, 2015 /PRNewswire/ -- Warburg Pincus, a leading global private equity firm focused on growth investing, and Groupe Marc de Lacharriere (GML), the family holding company of Marc Ladreit de Lacharriere, one of Europe's preeminent business leaders, today announced that Mr. Ladreit de Lacharriere has become a Senior Strategic Partner with Warburg Pincus.  GML has made an investment resulting in a 5% stake in the private equity firm.  Additional financial terms of the transaction were not disclosed.

In addition to an investment in the firm, Marc de Lacharriere will invest in future funds as a limited partner.  

"We are very pleased to have the opportunity to invest in Warburg Pincus," said Mr. Ladreit de Lacharriere. "GML is delighted to become a long-term partner with a global private equity firm and Warburg Pincus perfectly matches our objectives with respect to investing model, culture, and persistence of performance."

Warburg Pincus will use all of the proceeds to invest in its funds, thereby enhancing alignment between the firm's professionals and limited partners, and to create additional financial flexibility for the firm.

Charles R. Kaye, Co-Chief Executive of Warburg Pincus, said, "Warburg Pincus has always valued clearly aligned interests – within our general partnership, with our limited partners who invest in our funds and with the management teams of the companies in which we invest.  We know GML shares that commitment and this transaction is consistent with those interests."

Joseph P. Landy, Co-Chief Executive of Warburg Pincus, stated, "We look forward to partnering with GML as we enhance our network of potential investment opportunities." 

Timothy F. Geithner, President of Warburg Pincus, added, "We are honored to introduce a figure of Marc's standing to our firm."

About Warburg Pincus

Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The firm has more than $35 billion in assets under management. The firm's active portfolio of more than 120 companies is highly diversified by stage, sector and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 14 private equity funds, which have invested more than $50 billion in over 720 companies in more than 35 countries. The firm is headquartered in New York with offices in Amsterdam, Beijing, Hong Kong, London, Luxembourg, Mumbai, Mauritius, San Francisco, Sao Paulo and Shanghai. For more information please visit www.warburgpincus.com.  

About Groupe Marc de Lacharriere

GML is Marc Ladreit de Lacharriere's family holding company. It owns several investments, including 86% in Fimalac, a publicly traded company in France. Fimalac is a diversified group active in finance (Fitch Ratings), digital, entertainment, leisure activities, luxury hotels and real estate.

Media Contacts

Ed Trissel
Chief Communications Officer,
Warburg Pincus
+1 212 878 9288
[email protected]  

Americas
Mary Zimmerman
Director of Communications, Americas
Warburg Pincus
+1 212 878 9207
[email protected]  

Europe
Sarah Gestetner,
Director of Communications, Europe
Warburg Pincus
+44 20 7 306 0377
[email protected]  

Asia
Mingxia Li
Director of Communications, Asia
Warburg Pincus
+86 (10) 5923 2569
[email protected]

SOURCE Warburg Pincus

Related Links

http://www.warburgpincus.com