Warburg Pincus' China head to form own firm
David Li, managing director and head of China at Warburg Pincus, has resigned to set up his own company. Julian Cheng and Frank Wei have duly been appointed to lead Warburg Pincus’ China business.
A statement from the PE firm offered no further details on Li's next move. He has been with Warburg Pincus for 14 years, having previously worked in investment banking at Goldman Sachs and Morgan Stanley...
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