Thursday, February 22, 2007

Lionel Pincus

Wall Street banker, CEO of Warburg Pincus, another white haired gentleman who looks every inch the patrician that he is, the soft-spoken but powerful Mr. Pincus merged his venture capital, investment and financial consulting firm with the venerable E.M.Warburg Company in 1966 and changed the named to E.M. Warburg Pincus & Co. Since establishing a London office in 1987, the firm expanded to Hong Kong, Seoul, Tokyo, Mumbai, and Beijing. Since 1971 the firm has sponsored ten private equity investments funds with committed capital in excess of $19 billion.

On meeting, Mr. Pincus is a family man who had a long marriage that ended with his wife’s death more than ten years ago. In the last several years he has been the companion of Princess Firyal of Jordan, a Palestinian born former wife of the brother of the late King Hussein. Princess Firyal is one of the most glamorous and interesting women on the international social scene, long a hostess in London and Paris (where she maintains homes) and here in New York, and her presence in Mr. Pincus’ life has added a touch of glamour that he neither previously possessed nor seemed interested in. They are a very popular couple on the social scene.