Warburg Pincus names Asia real estate chief Perlman as president

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Warburg Pincus names Asia real estate chief Perlman as president
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Private equity firm Warburg Pincus on Wednesday named its Asia head of real estate Jeffrey Perlman as successor to Timothy Geithner as president. Geithner, who was U.S. Treasury Secretary in the Obama administration and had headed the Federal Reserve Bank of New York, will become the chair of the New York

Private equity firm Warburg Pincus on Wednesday named its Asia head of real estate Jeffrey Perlman as successor to Timothy Geithner as president.

Perlman's new role is part of the firm's succession planning to eventually replace Kaye, said a person with direct knowledge of the matter Expectations that the Fed is done with the bulk of its rate hikes have led to a rebound in startup investments, but worries about a potential downturn later in the year are still weighing on sentiment.

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