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Do IT this week: Layering
By Associated Press
POSTED: 03:08 p.m. EDT, Oct 11, 2009
NEW YORK: Lionel Pincus, founder and chairman of New York-based private-equity firm Warburg Pincus, has died at age 78, according to a spokesman for his longtime partner, Princess Firyal of Jordan.
Pincus died about midnight Saturday in his Manhattan home after a long illness, the spokesman said.
Pincus founded Warburg Pincus in 1966. Since then, the firm has invested more than $29 billion in more than 600 companies.
It holds stakes in such companies as Fidelity National Information Services Inc., which processes financial transactions; Nuance Communications Inc., which makes speech recognition software; educational company Bridgepoint Education Inc.; and drug developer Inspire Pharmaceuticals Inc.
He was a founding director of the National Venture Capital Association and was chairman emeritus of the Columbia University trustees and a member of the Columbia Business School Board of Overseers.
He was a graduate of the University of Pennsylvania and held an M.B.A. from Columbia University Graduate School of Business.
He is survived by his Henry and Matthew.
NEW YORK: Lionel Pincus, founder and chairman of New York-based private-equity firm Warburg Pincus, has died at age 78, according to a spokesman for his longtime partner, Princess Firyal of Jordan.
Pincus died about midnight Saturday in his Manhattan home after a long illness, the spokesman said.
Pincus founded Warburg Pincus in 1966. Since then, the firm has invested more than $29 billion in more than 600 companies.
It holds stakes in such companies as Fidelity National Information Services Inc., which processes financial transactions; Nuance Communications Inc., which makes speech recognition software; educational company Bridgepoint Education Inc.; and drug developer Inspire Pharmaceuticals Inc.
He was a founding director of the National Venture Capital Association and was chairman emeritus of the Columbia University trustees and a member of the Columbia Business School Board of Overseers.
He was a graduate of the University of Pennsylvania and held an M.B.A. from Columbia University Graduate School of Business.
He is survived by his Henry and Matthew.
Comments
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Orrville, Oh
Posted 06:29 PM, 10/11/2009
Warburg Pincus (money marketer) would do EVERY Human Being an Honorable service; if he took all the money; derived from marketing stock dividends (money); with him to his grave; he marketed quarterly; in the wholesale and retail price; of 600 businesses product and service; that Fathers disqualified for affirmative action with white skin, Union workers, consumers, taxpayers, and Americas grandchildren’s children; got ONLY product or service; and paid for with money; derived from wages or independent business profit!
east of Akron, AA
Posted 08:38 PM, 10/11/2009
Loren, why don't you just move to another country and get a taste of what life is like without the capitalists running the businesses that create the jobs that make the money to pay you to do nothing but sit at home and make stupid a ss comments?
akron, oh
Posted 09:44 PM, 10/11/2009
Gee, Loren, I actually understood you. Your NOT crazy, just dumb.
Akron, OH
Posted 10:37 PM, 10/11/2009
Loren . . . you lost me at Warburg.
