Warburg Pincus is a global leader in the private equity industry and is one of the leading private equity investors in Europe. Established more than 55 years ago, the firm has invested more than $109 billion in more than 1,000 companies in more than 40 countries around the world. The firm established Warburg Pincus International LLC (“Warburg Pincus International”) and opened its London office in 1987. The firm seeks to partner with management teams that are building, transforming or acquiring businesses with the potential to be market leaders with enduring value. With an investment period of five to seven years, the firm takes an unusually long-term perspective.
Warburg Pincus International operates from London and provides investment advisory and transaction arrangement services to Warburg Pincus LLC, the manager of the Warburg Pincus private equity funds, with respect to United Kingdom and European investments. Warburg Pincus International is authorised and regulated by the Financial Conduct Authority in the U.K. Warburg Pincus International does not enter into contracts or commitments on behalf of Warburg Pincus LLC or the Warburg Pincus private equity funds and does not make investment decisions on their behalf.
Warburg Pincus International is committed to conform on a “comply or explain” basis to the guidelines set out by Sir David Walker in his Guidelines for Disclosure and Transparency in Private Equity (November 2007) (the “Walker Guidelines”). Warburg Pincus International will provide reasons for any areas or instances where it does not comply with the Walker Guidelines.
Warburg Pincus International is also committed to promote conformity with the Walker Guidelines by any Warburg Pincus private equity investments that are subject to the disclosure requirements for portfolio companies under the Walker Guidelines. No Warburg Pincus investment is currently subject to those requirements.
Adarsh Sarma is head of the London office. Chip Kaye is Chief Executive Officer of the firm. Warburg Pincus has arrangements in place internally and with its limited partner investors to address potential conflicts of interest that may arise.
The following charts provide a categorization, by geography and type, of limited partners in the Warburg Pincus private equity funds that have a designated capability to invest in companies that would be U.K. portfolio companies under the Walker Guidelines:
Breakdown of Limited Partners by Type
Breakdown of Limited Partners by Geography
Warburg Pincus International reports to Warburg Pincus LLC but does not report directly to limited partners. Warburg Pincus LLC and the general partner of each of the Warburg Pincus private equity funds report to the limited partners on investments made by such funds in accordance with U.S. generally accepted accounting principles and as set forth in the relevant fund agreement.
For further information on Warburg Pincus and its U.K. and European activities, including a description of portfolio companies in this region, see Firm Profile and Geographies – Europe.