Warburg Pincus

Lionel Pincus, founder and chairman of New York-based private equity firm Warburg Pincus, has died, according to a spokesman for his longtime partner, Princess Firyal of Jordan. He was 78. Pincus died around midnight Saturday in his Manhattan home after a long illness, the spokesman said. Pincus founded Warburg Pincus in 1966. Since then the firm has invested more than $29 billion in more than 600 companies. It holds stakes in a variety of companies including Fidelity National Information Services Inc., which processes financial transactions; Nuance Communications Inc., which makes speech recognition software, educational company Bridgepoint Education Inc., and drug developer Inspire Pharmaceuticals Inc. ... Read Full Story

Affiliates of private equity firms JLL Partners and Warburg Pincus said Tuesday they have proposed to the board of building-products supplier Builders FirstSource Inc. a recapitalization of the company. JLL and Warburg Pincus are both significant stockholders and holders of floating-rate notes due 2012 issued by the company. The two firms have proposed a $75 million rights offering by Builders FirstSource to existing stockholders at a subscription price of $2 per share. They also want the roughly $98 million of notes owned by entities affiliated with JLL and Warburg Pincus to be exchanged for common stock of the company valued at $2 per share. ... Read Full Story

This is a Haute Contest and you should not MISS this one! It's a VERY SHORT term contest. It starts immedilately and ends on May 5 -- just enough time for the prizes to be shipped to your mom for the big day on May 11! (that's Mother's Day 2008 for the clueless). Entering the Contest: 1) Send an email to this blog with Mother's Day Contest in the subject line. (There will be another contest running, please make sure you have the subject line correct) 2) The body of the email should include Your name Your address Your phone number Your email address ... Read Full Story

Want to See a New You? This sweepstakes offers a $6,484.95 grand prize of one Visual Therapy Personal Consultation ($5,000 ARV); a one year supply of Bausch & Lomb PureVision or Soflens MultiFocal Contact Lenses ($360 ARV) including an eye exam; and $1000 in wardrobe additions. (10) First Prizes: a one-year supply of Bausch & Lomb PureVision or Soflens MultiFocal Contact Lenses and copy of book ‘Life in Color’ ($484.95 ARV each prize). ENTER to WIN - RULES PAGE The “See A New You Sweepstakes” is open to legal residents of the 50 United States plus the District of Columbia, age 18 or older ... Read Full Story

This is a Haute Contest and you should not MISS this one! It's a VERY SHORT term contest. It starts immedilately and ends on May 5 -- just enough time for the prizes to be shipped to your mom for the big day on May 11! (that's Mother's Day 2008 for the clueless). Entering the Contest: 1) Send an email to this blog with Mother's Day Contest in the subject line. (There will be another contest running, please make sure you have the subject line correct) 2) The body of the email should include Your name Your address Your phone number Your email address ... Read Full Story