Private equity firm Warburg Pincus is to relocate Hong Kong-based managing director Jeffrey Goldfaden to Sydney.
The Wall Street Journal has reported that the move could be in anticipation of a new office for the New York-headquartered firm, which already has bases in Amsterdam, Beijing, Frankfurt, Hong Kong, London, Luxembourg, Mauritius, Mumbai, San Francisco, São Paulo and Shanghai.
Goldfaden focuses on consumer, industrial and services, as well as LBOs and special situations in Australia, North Asia and Southeast Asia
He joined the firm’s New York office in 2004 and has been involved with the firm’s investments in Aramark Corporation, Jarden Corporation, The Neiman Marcus Group and Scotsman Industries, and has served as a director of Scotsman Industries and Eagle Family Foods. He was previously an investment professional at UBS Capital Americas and Hudson River Capital.
The firm’s only Australian portfolio company is waste management company Transpacific Industries Group. The firm invested $53m in the company as part of a recapitalisation in June 2009.
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