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Warburg names new President as part of succession plan

Jeffrey Perlman, Managing Director and Head of Southeast Asia-Pacific Real Estate at Warburg Pincus, has been promoted to President as part of a succession plan that sees Timothy Geithner shift to the role of chairman, while Chip Kaye remains as Chief Executive Officer.

Jeffrey Perlman, Managing Director and Head of Southeast Asia-Pacific Real Estate at Warburg Pincus, has been promoted to President as part of a succession plan that sees Timothy Geithner shift to the role of chairman, while Chip Kaye remains as Chief Executive Officer.

Perlman, 40, joined Warburg Pincus 17 years ago and has been a member of the firm’s executive management group since 2018. He currently serves as the Chairman of ESR Group Limited and serves on the Board of Directors for numerous companies including ESR Group Limited, BW Industrial Development JSC, MoMo, Storhub, Princeton Digital Group Limited, and others.

In a press statement, Kaye said: “Now is the ideal time to put in place a plan for the next generation of leadership at the firm. We are actively investing out of our latest global flagship fund. With significant uncalled capital, we are well-positioned to take advantage of the complex investing environment that plays to our strengths as a firm. We have a deep and consistent track record of identifying compelling new opportunities, while prudently managing risk across various market cycles.

“Jeff is a uniquely talented leader who brings a truly global perspective to his new role, having successfully expanded our franchise in Asia over the past fifteen years.”

A regulatory filing made earlier this year revealed that Warburg had raised $15.4bn for its latest flagship fund and the firm has reportedly now exceeded its $16bn target.

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