Talk:Warburg Pincus

message: Hi. This is a request to edit this article in order to clarify and correct information about the founding of Warburg Pincus. I see that the Wikipedia Contact Us page says those with a connection to the subject of an article should post requests for corrections and updates to the article's Talk page.  While I am not being paid and don’t have any professional relationship with the subject of these changes, John Vogelstein, or to Warburg Pincus, I’d request that an independent editor evaluate these proposals, as I have a personal relationship to Vogelstein. Thank you.
 
1. In the section History, sub-section Founding and Early History, for the final sentence of the first paragraph, please replace:
 
Pincus ran the company from 1966 to 2002, and died in 2009.
 
with the following, as a new paragraph:
 
 
 
 
In 1967, John Vogelstein, a former partner at Lazard Freres, joined Pincus to build the firm. After Vogelstein joined the firm, its strategy of large, diversified investments took shape. Pincus was the founder and chairman and Vogelstein was vice chairman and then president. Pincus and Vogelstein ran the company for 35 years until 2002, when they stepped down from daily operations and appointed Charles Kaye and Joseph P. Landy as co-presidents. Pincus died in 2009.
 
Explanation: Updates article to include John Vogelstein, who led Warburg Pincus alongside Lionel Pincus and was instrumental in the company’s history as its co-founder and president (as described in multiple sources above).
 
*For citation 1, the Forbes source, the info is the eighth paragraph.
 The continuity in approach contrasts starkly with the churn within the company's recent past. Lionel I. Pincus, 85, and John L. Vogelstein, 71, have been together since 1967, a year after Pincus bought a 50% stake in E.M. Warburg & Co. (The original firm was founded by Eric Warburg in 1939.) Over the years Pincus has pocketed more than $1 billion from carried interests, Vogelstein $300 million. But after they stepped down in 2002--and skipped over an older generation of partners in selecting successors--Warburg was a blur of voluntary and forced departures.
*For citation 2, the first WSJ source, the info is in the eighth and ninths paragraphs:
 Mr. Pincus differs from the traditional venture capitalist in other ways as well. While most venture capitalists tend to work alone or in small teams, he and John Vogelstein, the firm's 52-year-old vice chairman and chief operating officer, have built an organization of more than 30 professionals around them. "They're an old-fashioned bunch who work hard at finding good deals," says Roger Kennedy, a former Ford Foundation executive and an early investor in Warburg Pincus.
 
 After the stint at Ladenburg, Mr. Pincus in 1964 launched his own firm and later merged it with M.M. Warburg &Co., founded by Hamburg, Germany, banker Eric Warburg in 1938. However, it wasn't until Mr. Vogelstein came over from Lazard Freres &Co. in 1967 that the firm's strategy of generally large, diversified investments emerged. Mr. Vogelstein has been credited with many of the firm's major investment successes, such as Mattel, in which the firm's June 1984 investment of $35 million has doubled to more than $70 million.
 
*For the first  use of citation 7, the third WSJ source, the info is in the 11th paragraph.
 Warburg also has successfully managed a leadership transition, a thorny issue for many private-equity firms, which typically are controlled by one or two founders. Mr. Pincus and Warburg's vice-chairman John Vogelstein in 2002 appointed Charles "Chip" Kaye and Joseph P. Landy co-presidents, positions they still hold today.
 
Thank you for your consideration. Fvogelstein (talk) 19:53, 10 August 2020 (UTC)
replies: text: Thank you for laying out your request in a very clear and concise manner. I implemented your changes very near to how you requested them. Although I have a WSJ subscription, I was unable to locate the 1987 article "Megafund Chief Pincus Speaks Softly, Carries a $1.17 Billion Venture Stake". Instead, I used the New York Times obituary and adjusted the language some. I also left off the reference "Fund's Completion Marks Milestone For Warburg Pincus's New Leaders" as it seemed redundant since two other references said as much.DesertDana (talk) 03:06, 4 October 2020 (UTC)
thread_title: Request Edit August 2020