Warburg Pincus' Jeffrey Perlman named chairman of US-ASEAN Business Council

December 12, 2023 | 11:09
(0) user say
On December 8, the US-ASEAN Business Council announced the election of Jeffrey Perlman, president of Warburg Pincus, as the 13th chairman of the Board of Directors.

In his capacity as chairman, Perlman will lead the board's oversight of the council, which works to create trade and investment opportunities in ASEAN for over 175 member companies.

Warburg Pincus' Jeffrey Perlman named chairman of US-ASEAN Business Council
“I have spent over a decade of my career in Southeast Asia, and the region is important to me both personally and professionally. The relationship between the US and ASEAN countries is more important now than ever, and I am looking forward to working with other council members to support our member companies’ interests in the region,” said Jeffrey Perlman, president of Warburg Pincus.

“We are thrilled to have Jeffrey Perlman as the new chairman of our board,” said Ted Osius, president and CEO of the US-ASEAN Business Council and former US Ambassador to Vietnam.

“At Warburg Pincus, Perlman has successfully expanded the company’s business in Asia-Pacific, co-founding and sponsoring some of the largest real estate companies in the region and partnering with entrepreneurs to build successful investment franchises in Southeast Asia. His phenomenal business career and in-depth knowledge of Southeast Asia will be an indispensable resource for our members, stakeholders, and staff as the council continues to grow and expand,” commented Osius.

Upon assuming his position, Perlman said he was honoured to be named chairman of the Board of Directors for the US-ASEAN Business Council.

In his current role as president of Warburg Pincus, Perlman oversees one of the world’s oldest global growth investors, with more than $84 billion in assets under management and a diverse portfolio of over 250 companies.

Perlman has been a member of the Executive Management Group at Warburg Pincus since 2018.

He currently serves as chairman of ESR Group Ltd. and serves on the Board of Directors for numerous companies, including ESR Group Ltd., BW Industrial Development JSC, MoMo, Storhub, Princeton Digital Group Ltd., and others.

Since beginning his career at Warburg Pincus 17 years ago, Perlman has significantly expanded the franchise in Asia, including by opening the firm’s Singapore office in 2016.

Perlman has co-founded a number of leading real estate companies in Asia and is responsible for some of the firm’s most notable investments in the sector. He continues to partner with entrepreneurs to drive a successful investment franchise in Southeast Asia.

Before joining Warburg Pincus, Perlman worked in the Real Estate Investment Banking Group at Credit Suisse. He received a bachelor’s degree in Business Administration from the Ross School of Business at the University of Michigan.

Appreciating efforts to attract more overseas capital Appreciating efforts to attract more overseas capital

Over the past decade, Warburg Pincus has been investing across Vietnam in companies that support the government’s goals of diversifying and modernising the country’s economy.

Vietnam eyes foreign investment boost for banking sector Vietnam eyes foreign investment boost for banking sector

At the meeting conference between the prime minister and foreign investors on October 17, Pham Thanh Ha, Deputy Governor of the State Bank of Vietnam (SBV), gave a warm welcome to foreign investors as they stood ready to address the challenges faced by underperforming Vietnamese banks.

Warburg Pincus celebrates 10 years in Vietnam Warburg Pincus celebrates 10 years in Vietnam

Renowned private equity firm Warburg Pincus celebrated its 10th anniversary of investing in Vietnam on November 9 in Hanoi, with the attendance of Marc E. Knapper, US Ambassador to Vietnam, and Tran Duy Dong, Deputy Minister of the Ministry of Planning and Investment of Vietnam.

By Bich Ngoc

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional