Warburg
Pincus is one of the most active investors in the education space in the world, having deployed USD 1.8 billion of equity into the category globally over the last decade.
Born in a small shtetl in the province of Galicia, part of the Austro-Hungarian Empire,
Pincus has yearned all his life for wealth and the freedom it will bring, but what price will he have to pay for his dreams?
Warburg
Pincus announced at that time its intention to commence in the coming few weeks a "Special Tender Offer" pursuant to Israeli law to increase its ownership in Cyren, up to a maximum of 75% of Cyren's shares (assuming the exercise of "in-the-money" options and conversion of Cyren's convertible notes).
Adding to this Ramakrishnan added that the company intends to achieve greater heights for the all its stakeholders courtesy its partnership with Warburg
Pincus.
The LTCI community has responded with efforts to make consumers aware of how much LTC services cost and how they can use LTCI to pay the bills,
Pincus added.
Warburg
Pincus seeks to partner with management teams to build companies of sustainable value.
Founded in 1966, Warburg
Pincus has raised 13 private equity funds, which have invested more than $45 billion in over 675 companies in more than 35 countries.
"By reducing our cost structure today, we will offer our teams the runway they need to take risks and develop these breakthrough new social experiences,"
Pincus wrote.
The new Warburg
Pincus Private Equity (WP XI) is one of the largest private equity funds raised post the global financial crisis.
Nevertheless, sources close to Warburg
Pincus and Southernpec have denied the above speculation.
With growth capital and support from Warburg
Pincus, the company will pursue partnership and acquisition opportunities in both the branded and generic segments of the sterile injectable market.