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LIONEL PINCUS Obituary

PINCUS--Lionel I. Founder and retired Chairman of the investment firm Warburg Pincus LLC and a financial pioneer credited with helping to create the modern-day venture capital and private equity industry, died peacefully at home in Manhattan on October 10, 2009 after a long illness. He was 78. For more than 40 years, Mr. Pincus played a major role in the evolution of the private equity industry in the United States and abroad, helping both to define its institutional role and sculpt its professional standards. The firm he founded, Warburg Pincus, today is one of the world's leading private equity firms, having invested more than $29 billion in more than 600 companies in 30 countries. In addition to his business accomplishments, Mr. Pincus' life has been marked by an extraordinary commitment to civic, educational, cultural, and philanthropic institutions both close to his home in New York and throughout the world. He was a Director or Trustee for the American Museum of Natural History, Montefiore Medical Center, New York-Presbyterian Hospital, the German Marshall fund of the United States, the Citizens Budget Commission and the School of American Ballet. He was Chair Emeritus of the Trustees of Columbia University and a member of the Board of Overseers of Columbia Business School, the Council of Foreign Relations, the New York City Investment Fund and the World Wildlife Fund National Council. Mr. Pincus was a founding Director of the National Venture Capital Association and was honored with the association's Lifetime Achievement in Venture Capital Award in 2002. Mr. Pincus was married to the former Suzanne Storrs Poulton, who passed away in 1995. He is survived by two sons, Henry A. and Matthew S., both of Manhattan, and three grandchildren. Funeral services will be private. A memorial service will be announced at a later date. Donations in his memory may be made to New York Presbyterian Hospital, Division of Geriatrics and Gerontology, care of Dr. Herb Pardes, 525 East 68th Street, New York, NY 10065

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Published by New York Times on Oct. 12, 2009.

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Linda Bobis-Bernstein

December 12, 2020

He was the most incredible person I have ever known. Brilliant, charming, handsome and extremely caring. Working for him and with him was a thrill for me. When he asked me if I would consider doing something that he truly believed him, I said; Of course, I'll do anything for you if you want me to...So I became the President of the NY Venture Capital Forum and started out with 10 people joining; by the end of approx. 10 year; we had over 300 people who joined. I held events monthly; Adam agreed that I could do that; even though it took me away from him; but only one day (sometimes two) during the week. Adam was ok with that. Two incredible people; Lionel was amazing and unfortunatley, Adam passed way at a young age. He wasn't quite 50 years old! He was in his 40.s.

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