Penn Calendar Penn A-Z School of Arts and Sciences University of Pennsylvania

A Decade in India: A Warburg Pincus Perspective

Mr. Charles Kaye and Mr. Dalip Pathak
Co-President, Warburg Pincus LLC (Kaye) and Managing Director, Warburg Pincus LLC (Pathak)
Tuesday, October 11, 2005 - 12:00
Logan Hall, 14 (Terrace Room)249 S. 36th Street Philadelphia, PA 19104

Please join us for this special lecture delivered by Charles R. Kaye and Dalip Pathak, both of Warburg Pincus LLC. Warburg Pincus was one of the earliest private equity investors in India, seeing great potential in Indian businesses ranging from telecommunications, financial services, and hardware manufacturing. In March 2005, Warburg Pincus sold a portion of their stake in Bharti Tele-Ventures, now one of the largest providers of mobile telecommunications in India. The $560 million sale, a 6% stake of Bharti, garnered headlines as one of the largest single-day sales in the history of the Indian equity markets.

Mr. Kaye and Mr. Pathak will offer their insights on this success story of collaboration between American investment and Indian technological entrepreneurship, perhaps a model for ways private capital has the potential to meet India’s infrastructure challenges.

Mr. Kaye is jointly responsible for the management of the firm in New York, including the formulation of strategy, oversight of investment policy and decisions, leadership of the firm's executive management group and the coordination of limited partner communications. Mr. Pathak is a member of the firm’s executive management group in London and is currently responsible for the firm’s investment activities in Europe and India.