LONDON : U.S. investment firm Warburg Pincus has appointed SAP executive Brian Duffy as a senior adviser in its technology team as it bets on the digital transformation of its portfolio companies while also scouting for new tech targets.
Duffy will be based in Chicago where he will continue working with SAP as"president of cloud" overseeing the strategy to drive more customers to cloud computing. Duffy, who has spent 16 years at SAP in various roles including head of its global strategic initiatives, will work closely with Warburg Pincus' European tech team, which recently worked on a 5.1 billion euro deal to take control of Deutsche Telekom's Dutch unit, T-Mobile Netherlands, as part of a consortium with Apax.
Warburg Pincus has invested more than US$24 billion in technology businesses since it was founded in 1966.
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