Firm Overview

Our Legacy of Leadership

55+Years

of Growth Investing

$120+Billion

Invested

1000+Companies

40+Countries

190+IPOs

Blending broadline experience with deep domain expertise to drive growth across sectors.

Combining sector-specific intellectual capital and financial strength, we accelerate portfolio growth. We collaborate across region and sectors to provide a refined investment thesis and a strong understanding of individual businesses. We believe our team, resources, and capital, empower portfolio company strengths, support capabilities, and drive expanded growth — building substantiable businesses that outlast our investment.

Milestones of Growth

1939

We trace our roots back to E.M. Warburg & Co., an investment banking and private investment counseling firm, founded in New York by Eric Warburg

1966

Lionel I. Pincus & Co., a venture capital, investment and financial consulting firm, acquired E.M. Warburg & Co. and opened office headquarters in New York, NY

1967

John L. Vogelstein joined Lionel I. Pincus and together they transformed the firm and, in doing so, helped create the private equity industry

1973

We joined the National Venture Capital Association as a founding member, which aims to foster greater understanding of the importance of venture capital to the United States economy and to support entrepreneurial activity and innovation

1978

We helped lead discussions with the U.S. Department of Labor that created opportunities for pensions funds to invest in alternative asset classes such as private equity

1983

We became one of the first U.S. private equity firms to begin investing in Europe

1987

We opened an office in London, England

1994

Our first Asian office opened in Hong Kong, making us one of the first global private equity firms to enter the Chinese market

1996

We became one of the first global private equity firms to begin investing in India

2000

We successfully completed our leadership succession and Co-Chief Executive Officers Chip Kaye and Joe Landy assumed leadership from our founders, representing one of the first generational transitions in private equity

2001

Our Mumbai, India office opened

2002

We joined as a founding member of the China Venture Capital Association

2010

We became an active investor in Brazil, opening an office in São Paulo

2013

Former U.S. Secretary of the Treasury Timothy F. Geithner joined as our President

2014

We celebrated our 20th anniversary of investing in China

2016

We opened our Singapore office, our fifth office in Asia and celebrated our 20th anniversary of investing in India

2019

We expanded our network in Europe with the opening of our Berlin, Germany office

2021

We became a signatory to the United Nations-supported Principles for Responsible Investment

2022

We joined as a founding partner of Ownership Works

2024

We completed a successful leadership transition with Jeffrey Perlman assuming the role of Chief Executive Officer and Chip Kaye becoming Chairman alongside Timothy F. Geithner

Fund History

We established our first institutional fund in 1971 and over the last five decades have raised 21 private equity, 2 real estate, and 1 capital solutions fund, which have invested more than $120 billion in over 1,000 companies globally.

SEE THE FULL FUND HISTORY