Last Thursday morning I sent a set of questions to a media relations executive at New York City-based powerhouse PE shop Warburg Pincus. I’d been wondering the answer to the first question ever since I started Private Equity Career News two years ago.
How do folks find out about job openings at Warburg Pincus?
I also asked the executive why the firm, which has more than $60 billion in AUM, doesn’t advertise open positions on job boards (that I could find) or on its Web site’s career page (Update: the firm does post analyst jobs at a number of colleges and universities including historically black colleges and universities); I asked how important diversity and inclusion is to the firm; and I asked how the firm reconciles its desire to attract a diverse pool of candidates for openings with not publicizing them on job boards or its own Web site.
Start-up buyout shop BharCap Partners, founded earlier this year by five former colleagues of Pine Brook Partners, has brought aboard Samir Mohin as a sixth partner in the role of chief financial officer and chief operating officer. The firm plans to continue to expand its payroll over the next 12 months, according to an earlier PECN story.
Mohin will take charge of overall business operations, including finance, accounting and compliance for the financial services investor. He previously served as chief financial officer and chief operating officer at Altpoint Capital Partners. Before that he served in senior finance positions at Gen II Fund Services and buyout shop Veronis Suhler Stevenson, where he worked alongside BharCap Partners Head of Investor Relations and Partner Jim Rutherfurd for more than eight years.
David Swensen, the chief investment officer of Yale University from 1985 until his death earlier this week at age 67, led a generation of money managers headlong into alternative assets such as hedge funds, real estate, timber and private equity.
Yet the co-creator of the influential “Yale Model” of investing was no cheerleader for private equity. In his book “Pioneering Portfolio Management” Swensen offers one of the most scathing assessments of the asset class ever written.