Warburg Pincus appoints Fred Hassan as new senior adviser

Hassan will advise the Warburg Pincus healthcare group and provide strategic counsel across the firm's portfolio.

One of the industry’s largest firms, Warburg Pincus invests across a variety of industries and has helped finance approximately 600 companies in over 30 countries around the world with total investments topping $35bn.

Last month, Warburg Pincus suffered the loss of its founder and retired chairman, Lionel Pincus, who succumbed to his battle with long-term illness.

Since then the firm has concluded two investments: the completion of a $115m financing to holding company Webster Financial Corporation,  and a $10m equity financing to Spigit, a developer of social productivity software for enterprises.

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