Saturday, 23 July 2016
Last updated 17 hours ago
Nov 7 2013 | 10:27am ET
Warburg Pincus' general counsel of 15 years is leaving the firm and will be replaced by a Los Angeles lawyer.
Scott Arenare will pursue a new, unidentified business opportunity, the private-equity firm said. Warburg Pincus co-CEO Charles Kaye noted that Arenare's tenure, which began in 1998, "spanned both the strong growth of our firm globally and an era of great change in the private equity business."
Replacing Arenare is Robert Knauss, a former partner at Munger Tolles & Olson in Los Angeles. Among Knauss' clients at Munger were Oaktree Capital Management and the Yucaipa Cos.
"Rob is a talented lawyer who brings to the firm a tremendous amount of relevant experience," co-CEO Joseph Landy said. "We will benefit greatly from Rob's expertise, counsel and leadership."
Knauss will be based in New York and will serve on Warburg Pincus' executive management group.