Thursday, November 21, 2013

What? Not Bain Capital?

By Devin Banerjee & Ian Katz - Nov 17, 2013 11:28 AM ET
Former U.S. Treasury Secretary Timothy Geithner (click here) is joining private-equity firm Warburg PincusLLC after a quarter-century career in public service that was capped by his oversight of financial crisis rescues of Wall Street banks and General Motors Corp.
Geithner, 52, will become president at the New York-based buyout firm starting March 1 and help manage the company, its investment funds and client communications, Warburg Pincus said yesterday in a statement. He will work with Chip Kaye and Joe Landy, who have led the firm since 2000 and this year began sharing the title of co-chief executive officer....


By Devin Banerjee - Nov 7, 2013 7:30 AM ET
Warburg Pincus LLC said Scott Arenare, (click here) who joined the private-equity firm as general counsel in 1998, is leaving for a new business opportunity....
 ..Arenare was a member of Warburg Pincus’s executive-management group, (click here) focusing on legal, regulatory and compliance matters, according to a biography on the firm’s website.
Arenare’s tenure “spanned both the strong growth of our firm globally and an era of great change in the private-equity business,” Chip Kaye, Warburg Pincus’s co-chief executive officer, said in the statement.
Warburg Pincus, founded in 1966, oversees about $35 billion in assets and owns stakes in more than 125 companies. Kewsong Lee, a veteran deal maker who had been at Warburg for 21 years, was hired earlier this week as deputy chief investment officer at Carlyle Group LP (CG), where he will report to co-founder Bill Conway.


November 18, 2013 12:32 PM ET

Mr. Scott A. Arenare (click here) is currently on the Board of the Law Alumni Association. He was a Managing Director and General Counsel at Warburg Pincus LLC since 1998. Mr. Arenare spent 15 years at the firm. He joined the firm in 1998 and focused on legal, regulatory and compliance matters. Previously, Mr. Arenare served as a General Counsel at the firm and coordinated legal and administrative matters for the firm. Prior to this, he was an Attorney in the Corporate and Securities Law department of Willkie Farr & Gallagher in New York. Mr. Arenare served on the Editorial Board of the Duke Law Journal and is currently on the Board of Visitors. He also holds a J.D. degree from the Duke University School of Law (Mr. Scott A. Arenare '89). Mr. Arenare holds a B.A. degree in Political Science, magna cum laude, from the University of Pennsylvania.