The source said as Titan was in financial difficulty, Warburg
Pincus' USD 49 million notes would be at risk if Titan was liquidated.
"We have been impressed with the financial performance and quality record of JHP over the last five years, and are very pleased to contribute to the further development of the company," said Elizabeth H Weatherman, managing director and head of Warburg
Pincus' Healthcare Group.
Realty announced that Skygroup Realty has merged into the nearly 120-year-old brokerage.
Founded in 1966, Warburg
Pincus has raised 13 private equity funds, which have invested more than $45 billion in over 675 companies in more than 35 countries.
Neiman Marcus, Warburg
, TPG, CVC and KKR have refused to comment on the matter.
Growth is always a core aspect of the Warburg
Pincus' investment thesis.
Pincus China-SEA II is also the successor fund to Warburg
Pincus China, L.P., a USD 2.2bn companion fund that closed in December 2016.
The full depositary services and private equity depositary solutions provided by the Warburg
Luxembourg units will add further weight to Apex's strength in delivering a complete service to European regulated funds, and will further complement the services integrated via the Deutsche Bank AFS acquisition.
"We are pleased with the favorable reception to Warburg
Pincus XII," said Charles R.
We continue to view the company as a long-term investment and strongly believe in management's and the sales force's ability to continue to generate shareholder value as they build their one-of-a-kind financial services franchise," said Michael Martin, Managing Director and Head of Warburg
Pincus' financial services group.
The "Atlas," Warburg
claimed, was "a ghost story for adults." It proposes a phantom science of the image, one that explores his nebulous concept of the Pathos-forme!