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Warburg, Management Commit Up to $1 Billion for New Tech Platform – Wall Street Journal


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Warburg, Management Commit Up to $1 Billion for New Tech Platform – Wall Street Journal

Updated Sept. 16, 2020 7:00 am ET Private-equity firm Warburg Pincus is joining forces with three veteran technology executives to form a new platform company that will have up to $1 billion in equity to hunt for deals. The New York-based firm is teaming up with Mason Slaine, Jay Nadler and Karl Jaeger to form…

Private-equity firm Warburg Pincus is joining forces with three veteran technology executives to form a new platform company that will have up to $1 billion in equity to hunt for deals.

The New York-based firm is teaming up with Mason Slaine, Jay Nadler and Karl Jaeger to form an information services and software platform known as MLM II. The three executives have a long history of technology and software investing.

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