From the PEM archives: Warburg Pincus, Part Two

Lionel Pincus, who died this week aged 78, built Warburg Pincus into one of the most successful private equity firms in the world. But he also helped engineer what remains one of the only successful generational transitions in the brief history of this asset class. Private Equity Manager told the story of this transition in its debut issue in July 2004. We reprint it here in its entirety.