GML invests in Warburg Pincus

Marc Ladreit de Lacharrière is now a Senior Strategic Partner with Warburg Pincus after his family holding company Groupe Marc de Lacharrière (GML) took a 5 per cent stake in the private equity firm. Additional terms of the transaction have not been disclosed.

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

“We are very pleased to have the opportunity to invest in Warburg Pincus,” says Ladreit de Lacharrière. “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, says: “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, says: “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.”