Warburg Pincus not considering an IPO anytime soon, CEO says

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NEW YORK :Warburg Pincus, a private equity firm with about $86 billion in assets under management, is not planning to explore an initial public offering anytime soon, Chief Executive Jeffrey Perlman said in an interview at the Reuters NEXT conference in New York on Tuesday.

Perlman's elevation to the role marked only the third generation of leadership for the firm in its history.

Perlman took over as CEO of Warburg in July, succeeding Chip Kaye who became co-chairman of the New York-based firm.Former U.S.

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Category: EconomyBusiness

Markets: Singapore

Topics: York Billion Capital Buyout Private Equity Jeffrey Pincus Warburg Firm Perlman

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 02:36:30 (2 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 591 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24337192

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