By Pamela Barbaglia
LONDON – U.S. funding agency Warburg Pincus has appointed an govt of Germany’s SAP as a senior adviser to its expertise group because it turns to trade leaders to supply new investments and enhance the worth of current portfolio corporations.
Irfan Khan, who's accountable for SAP‘s information administration and analytics portfolio as president of its HANA database and analytics division, will work intently with the personal fairness’s expertise group to pursue innovation and income progress.
Khan began his profession at U.S. enterprise software program agency Sybase, which was acquired by SAP for $5.8 billion in 2010.
He then spent virtually 20 years in varied management roles at SAP, together with chief expertise supply for the agency’s world buyer operations (GCO) and president of its platform and applied sciences merchandise globally.
Warburg Pincus’ managing director Flavio Porciani mentioned the agency would profit from Khan’s experience in delivering “go-to market and progress methods” to world tech companies.
In February, Warburg Pincus clinched a 1.9 billion pound ($2.4 billion) deal for Informa’s pharma intelligence enterprise and led a late-stage funding spherical for Swiss tech unicorn Scandit.
Final 12 months, it gained one in every of Europe’s largest personal fairness offers with the 5.1 billion euro ($5.4 billion) joint buy with Apax of Dutch telecoms agency T-Cellular Netherlands.
Khan’s appointment comes as Warburg Pincus seeks to bolster its world expertise group which consists of seasoned trade leaders who've lived via the dot-com bubble.
In September, the U.S. funding agency appointed one other SAP govt, Brian Duffy, as a senior adviser for a similar group.
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