warburg pincus managing director salary

For more information please visit www.warburgpincus.com. Sharmila BaichooGeneral Manager. It also helps businesses set compensation ranges for staffers, providing an immediate snapshot of whats going on in the job market. This role has a base salary of $125,000. Contribute to the database and get 1 month free* Full online access! Out Pit Stop Theme reiterates that "when every individual does his job, everyone in the team wins"! Geithner was a pauper next to his predecessor Hank Paulson, the former Goldman Sachs Goldman CEO who was possibly worth upwards of $500 million. The number you see in the middle of the donut pie chart is the simple average of these scores. Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset. Warburg Pincus Capital Corporation I-B is a smaller company with a market capitalization of US$671m, so it may still be flying under the radar of many institutional investors. How much do Warburg Pincus employees make? Salary report generator PayScale getting up to $100M in deal led by Warburg Pincus. One was at the annual meeting of Warburg Pincus, the Financial Times reported. To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC). 10 months . Like. On Fishbowl, you can share insights and advice anonymously with Warburg Pincus employees and get real answers from people on the inside. Based on 3 ratings, Warburg Pincus' employees are very satisfied with their Executive Team and give them an "A+" or 97/100. In this capacity, he helps oversee the investment decisions and the management of the firm. Choose a different language and keep reading other reviews. Looking at our data, we can see that employees at Warburg Pincus earn more in some areas than others. They got super excited about the market were serving and the people in that market were serving., PayScale, which employs 135, plans to bolster its workforce and enhance its products as a result of the investment. Ive inquired about pay but its gotten nowhere. Warburg Pincus Privacy Notice Privacy Notice Personal Data Request Legal Disclaimer Fraud Notice Forms 20-2 and 21-3. Greg BaecherManaging Director. Managing Partner salaries at Warburg Pincus can range from 648,366-691,147. Warburg Pincus. Salaries vary by department as well. Business. The average Warburg Pincus salary ranges from approximately $62,945 per year for, The highest-paying job at Warburg Pincus is, The lowest-paying job at Warburg Pincus is, Warburg Pincus employees attributed a compensation and benefits rating of 4.8/5 stars to their company. Home for Accurate and Free H-1B Salary Information. Warburg Pincus is a medium finance company with 500 . Warburg Pincus pays $126,177 per year on average compared to KKR & Co. L.P. which pays $116,284. Although Paulson was one of the richest Treasury secretaries, many who take the job do so after a lucrative career on Wall Street. While Warburg Pincus employees earn an average yearly salary of $126,177, different roles can command different wages. The community relies on everyone sharing. US$178,101 / yr. The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). For example, employees in the Generalist sector earn an average yearly salary of $320,000, while employees in the Private Equity sector earn an average yearly salary of $320,000. Most stock quote data provided by BATS. 2024 US Analyst Program (full-time) Share This: . as a managing director. Join to connect Warburg Pincus LLC . Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. For example, employees in the Generalist sector earn an average yearly salary of $320,000, while employees in the Private Equity sector earn an average yearly salary of $320,000. We ticked many of those boxes for them. Gender Male. Managing Director Warburg Pincus Feb 2006 - Present 17 years 1 month. I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. The company currently has more than 40 million salary profiles, using that data to help 3,000 business customers make accurate salary decisions. Partner/Managing Director at Warburg Pincus LLC University of Cambridge View profile View profile badges . Read what they think about their salaries on our Compensation FAQ page for , Associate salaries - 30 salaries reported, Vice President salaries - 12 salaries reported, Administrative Assistant salaries - 5 salaries reported, Private Equity Associate salaries - 5 salaries reported, Senior Fund Accountant salaries - 3 salaries reported, Executive Assistant salaries - 3 salaries reported, Vice President Marketing salaries - 3 salaries reported, Associate (Investment Analyst) salaries - 3 salaries reported, Senior Accountant salaries - 2 salaries reported, Business Analyst/Developer salaries - 2 salaries reported, Senior Analyst salaries - 2 salaries reported, Economic Analyst salaries - 2 salaries reported, Financial Analyst salaries - 2 salaries reported, Senior Platform Engineer salaries - 1 salaries reported, Tax Accountant salaries - 1 salaries reported, Senior Manager salaries - 1 salaries reported, Accounts Payable Specialist salaries - 1 salaries reported. Looking for advise on company culture at both companies. Warburg Pincus employees attributed a compensation and benefits rating of 4.8/5 stars to their company. New York. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 The green line within each bar represents the median salary for that position. Timothy Geithner serves as President of Warburg Pincus. Chanithia Holt Career Development Specialist Meet Chanithia. They're also willing to pay someone of Geithner's experience many, many times his federal salary, he said. He started at the Treasury Department in 1988 after a short time at the consulting firm Kissinger Associates. 3K followers 500+ connections. All rights reserved. How much do Warburg Pincus employees make? 3 Warburg Pincus reviews. No downsides that I can think of, it is a truly unique place with very talented employees. Due to differences in work and the compensation mechanics, PE firms pay analysts around 30% less in salaries than investment banks. Thomas Carella Joins Warburg Pincus as Managing Director. Warburg Pincus is well known to those in the Seattle tech community, since it was the private equity firm responsible for taking The Cobalt Group private in 2001. Intellectual challenge, supportive culture, collaborative. Warburg Pincus LLC - Partner/Managing Director. There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. What is the average salary of Warburg Pincus, LLC Executive Assistant to the Managing Director? We fit into that bucket.. Warburg Pincus pays an average of $126,177 per year, or $60.66 an hour. Warburg Pincus said Geithner will have a significant strategic and managerial role as president and managing director. Salary and Compensation Track all of GeekWires in-depth startup coverage: Sign up for the weekly startup email newsletter; check out the GeekWire funding tracker and venture capital directory; and follow our startup news headlines. Customers using the companys online tools include Cummins, Warby Parker, Zendesk, Clemson University and Covenant Dove. Steve Coates, a managing director at private-equity firm Warburg Pincus LLC, is to retire at the end of this year at the age of 49. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Join GeekWire's membership program. If salary is over $300k, we still show the max # but cap the length of the blue bar not to throw off the scale for the other positions. If you hover over the various sections of the donut, you will see the % breakdown of each workload given. I thought my 5 year was going to finally show something but it did not. Related: How much is a Treasury Secretary worth? He previously served as President and Chief Executive Officer of the Federal Reserve Bank of New York from 2003 to 2009. Warburg Pincus LLC | 111,140 . The average employee at Warburg Pincus makes $126,177 per year, which is quite competitive for its location and industry. The firm has more than $37 billion in assets under management. I have MBA + 3 year experience in industry. Total Pay. Specifically at Director and Partner. About 640K . 1 Comment. Finance, Legal, and Quantitative Research. under which this service is provided to you. 3 reactions. Vishal Mahadevia is based in Mumbai, joined Warburg Pincus in 2006 and co-leads the firm's activities in India. The number you see in the middle of the doughnut pie chart is the adjusted average of these scores. Roy Ben-Dor, Managing Director and Head of Energy Transition and Sustainability at Viridi investor Warburg Pincus LLC, spoke at the conference about why streamlined operations may separate long . The average Warburg Pincus executive makes $211,452 a year. Based on the WSO data, Warburg Pincus employees in New York and get paid the most. If you include the average bonus of $160,000, then the total average pay at Warburg Pincus would be $320,000 per year or $152 per hour at the 44 hour work week. Thanks! The community relies on everyone sharing. The firms active portfolio of more than 260 companies is highly diversified by stage, sector, and geography. Managing Partner. Read employee reviews and ratings on Glassdoor to decide if Warburg Pincus is right for you. This base compensation is the equivalent of $80 per hour assuming a 40 hour work week (2,000 hours per year). About 650K - 702K/yr Avg. The company helps employees figure out how much they should be getting paid in their jobs, and prospective employees determine what they should make. Timothy is Chair of the Program on Financial Stability at the Yale University School of Management, where he is also a visiting lecturer. You can change your cookie settings at any time from within your web browser. Sign In. . Singapore Asia real estate private equity team Principal KKR 2014 - 2015 1 year. Warburg Pincus, LLC Executive Assistant to the Managing Directors earn $70,000 annually, or $34 per hour, which is 15% higher than the national average for all Executive Assistant to the Managing Directors at $60,000 annually and 6% higher than the national salary average . Join to view profile Warburg Pincus . The firm holds $35 billion in assets -- though in some ways, that's small change compared to Geithner's experience overseeing the $17 trillion U.S. economy. He is Co-Chair of the Board of Directors of the International Rescue Committee. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. New York. We noticed that your web browser is outdated! Looking at the WSO data, the city with the highest average salary is New York, where employees earn an average salary of $350,000. An IB analyst typically earns a total of $150,000 to $200,000, while a PE analyst usually earns $100,000 to $150,000 on average. Warburg Pincus employees rate the overall compensation and benefits package 4.8/5 stars. Warburg Pincus Salaries >. Glassdoor has 88 Warburg Pincus reviews submitted anonymously by Warburg Pincus employees. Mumbai Senior KPMG 1998 - 2001 3 years. Salary estimates are based on 19 Warburg Pincus salaries received from various employees of Warburg Pincus. 1K followers 500+ connections. As a result of the deal, the New York-based private equity firm is taking a majority stake in PayScale by buying some existing shareholders stock and investing new cash. These ranges are from employer specific salaries submitted by WSO members. A free inside look at company reviews and salaries posted anonymously by employees. In San Francisco, CA, Warburg Pincus pays a lower average salary of $133,313. Peter Deming is the Managing Director & Partner at Warburg Pincus LLC. All rights reserved. Other executives include Timothy F. Geithner, President; Steven G. Glenn, Managing Director, Chief Financial Officer, Chief Operating Officer and 20 others. In this capacity, he helps oversee the investment decisions and the management of the firm. Below we use 37 salary submissions to order the is the total average compensation by city for Warburg Pincus. Have a scoop that you'd like GeekWire to cover? Warburg Pincus Privacy Notice Privacy Notice Personal Data Request Legal Disclaimer Fraud Notice Forms 20-2 and 21-3. Founded in 1966, Warburg Pincus has raised 21 private equity and 2 real estate funds, which have invested more than $108 billion in over 1,055 companies in more than 40 countries. No consulting experience. Warburg Pincus Associate salary in India ranges between 46.0 Lakhs to 65.0 Lakhs. However, workers in the it department earn an average salary of $125,491 per year. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Companies. The employees at General Atlantic earn an average yearly salary of $116,745 per year, and the salaries at KKR & Co. L.P. average $116,284 per year. This button displays the currently selected search type. 333,633 / yr. Anyone have any insight working at UBS as far as career progression and work-life balance (and if youre in one of the roles, what salary numbers sound fair)? When expanded it provides a list of search options that will switch the search inputs . If you include the average bonus of $160,000, then the total average pay at Warburg Pincus would be $320,000 per year or $152 per hour at the 44 hour work week. Engage in conversations about pay with other professionals in the community. 17:53:57 geplaatst. Warburg Pincus LLC is a leading global growth investor. Remote). How much do Warburg Pincus employees make? CB Rank (Investor) 139,579. A WarnerMedia Company. Our data shows that different departments at Warburg Pincus pay different salaries. All rights reserved. Title remains the same and a 30% salary increase. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, So Paulo, Shanghai, and Singapore. The average Warburg Pincus salary ranges from approximately 71.2 Lakhs per year for a Associate to 71.2 Lakhs per year for a Associate. (CDPQ), where he was executive vice president and global head of private equity and managing director, capital solutions . The firm holds $35 billion in assets -- though in some ways, that's small . About Warburg Pincus Warburg Pincus is a leading global private equity firm with nearly $60 billion in assets under management (AUM). Liked by Sandeep Kagzi. PayScale, a 14-year-old Seattle . Employees in human resources roles earn the highest wages at Warburg Pincus, with an average salary of $128,352. The actual average hours worked per week at Warburg Pincus based on our data . 3 Warburg Pincus reviews. Clark Atlanta University (404)880-6749. hireapanther@cau.edu. Congratulations to Kerrie Cohen, Managing Director, Head of Communications and Marketing, Americas at Warburg Pincus, and the rest of the class, on being selected as 2023 David Rockefeller Fellows . Warburg Pincus looks for businesses that have positive growth, underlying strong economics and proprietary data sets, PayScale CEO Mike Metzger said in an interview. Private Equity vs. Investment Banking compensation. . WLB, experience and value add. For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. Warburg Pincus, LLC Executive Assistant to the Managing Director without location (2 salaries), Browse Warburg Pincus, LLC Salaries by Job Title , Executive Assistant to the Managing Directors, Executive Assistant to the Managing Director. and/or its affiliates. 2022 Warburg Pincus LLC. He is also the Co-Chair of the Aspen Economic Strategy Group. A typical group vice president salary at Warburg Pincus is $211,791. Follow us on LinkedIn. About Warburg Pincus Warburg Pincus LLC is a leading global private equity firm focused on growth investing. Whats the best way to have a lack of compensation and incentive conversation in your department? See. Cable News Network. Education . Morningstar: 2018 Last updated months ago. The Relative Compensation is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company based on relative pay. You can unsubscribe from job alert emails any time. The average salary for Warburg Pincus is $118k per year, which includes an average base salary of $105k and an average bonus of $13k. Mr. Geithner also will . https://www.warburgpincus.com. Updated December 12, 2022. But several secretaries before Paulson returned to the private sector, including Robert Rubin, who served under President Clinton, then took a key post at Citigroup -- one of the banks which needed billions in federal bailout money to stay afloat. Neither the private equity firm, book publisher nor speaking agency disclosed details of Geithner's pay. . It is a salute to the team spirit and values of. However, workers in the it department earn an. Pacific Northwest startup funding activity is down 80% so far this year, Drone startup Brinc prepares for take off with ex-Amazon engineers and geopolitical tailwinds, Microsoft and Google back Typeface, an enterprise generative AI startup led by ex-Adobe CTO, Subscribe to GeekWire's free newsletters to catch every headline. The dark blue line within each bar represents the average salary for that position. 2021 If you hover over the various sections of the donut, you will see the % breakdown of each score given. For interns and other positions that are paid hourly, weekly or monthly, we have annualized their base salary for easy comparison based on a 40 hour work week and 50 weeks worked per year. Like. The lowest-paid workers at Warburg Pincus make less than $84,000 a year, while the highest-paid workers earn over $188,000. The lowest-paying job at Warburg Pincus is an Administrative Assistant with a salary of $62,945 per year. The employee data is based on information from people who have self-reported their past or current employments at Warburg Pincus. A division that does not pay as well at Warburg Pincus includes the Private Equity group, with employees earning $320,000 on average. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Follow us on LinkedIn. Warburg Pincus employees rate the overall salary and benefits package 5.0/5 stars. 3 Warburg Pincus reviews. Implications for the media & entertainment sector. The so-called revolving door between the public and private sectors gives government officials a route to cash in, said Chris Edwards, director of tax policy studies at the Cato Institute. I have 4 years in retail banking and am interviewing for a KYC Analyst position and a Risk and Control Analyst position currently. Employees in the it department receive relatively high salaries as well, where wages average $125,491 per year. Does that seem accurate to you? Morningstar, Inc. All Rights Reserved. All rights reserved. This base compensation is the equivalent of $80 per hour assuming a 40 hour work week (2,000 hours per year). Warburg Pincus Managing Director and Co-Head of Europe, Adarsh Sarma, was selected by Private Equity News as one of the 50 Most Influential in. This is an estimate based on latest salaries received from employees of Warburg Pincus. The firm has more than $85 billion in assets under management. Liked by Sandeep Kagzi. Lower-ranked officials make more than their private sector peers, but "at the top end, there's absolutely no doubt that they can do better in the private sector.". Location London, England, United Kingdom. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Warburg Pincus, LLC employees earn $77,000 annually on average, or $37 per hour, which is 15% higher than the national salary average of $66,000 per year. Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset. . https://www.warburgpincus.com. It's no secret that workers earn different salaries in different parts of the country, since the cost of living can be much higher in certain areas. Compared to the industry average of $86,451 per year, the average annual salary at Warburg Pincus is $126,177, which is 45.95% higher. He is barred for one year from lobbying the government on issues he previously worked on, Sloan said, although the firm did not say Geithner's role includes lobbying. Salary: Salary Range: $189,000 - $210,000. Finance, Legal, and Quantitative Research. . Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Some of the job titles with high salaries at Warburg Pincus are group vice president, principal, director, and foreign exchange trader. According to our data, the highest paying job at Warburg Pincus, LLC is a President at $251,000 annually while the lowest paying job at Warburg Pincus, LLC is an Administrative Assistant at . For more information please visit www.warburgpincus.com. Warburg Pincus. Based on 3 ratings, Warburg Pincus' employees are very satisfied with their Executive Team and give them an "A+" or 97/100. Share. 18,718 / yr. Director salaries - 1 salaries reported. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Workers in the human resources department can earn an average of $128,352 per year. We're a high-energy, high-growth technology company seeking a Director of Product Management. Geithner left office in January and begins at Warburg Pincus in March 2014. For the latest business news and markets data, please visit CNN Managing Director, Head of U.S., Matrix Renewables, a TPG company . It is one of the best places to work since the firm has a very strong culture of integrity and fairness to both employees and the companies they invest in. Without a doubt we compete with Glassdoor for eyeballs, but we do not compete in terms of revenue, said Metzger. Subscribe to GeekWire's free newsletters to catch every headline, Microsoft beats expectations with quarterly revenue of $20.4B, earnings of 68 cents, Microsoft hires key HP exec Tony Prophet as new Windows marketing leader, responsible for taking The Cobalt Group private in 2001, Software Development Engineer III New Initiatives, Senior Site Reliability Engineer (Seattle or US Remote), Senior Software Development Engineer Lending (Seattle Or U.S. They crowdsource for different kind of information than we do.. Warburg Pincus pays an average salary of $160,000 per year. Former U.S. Treasury secretary Timothy Geithner, who played a central role in the government's response to the financial crisis of 2008-2009, is joining private equity firm Warburg Pincus. Overview Overview 88 Reviews -- Jobs 82 Salaries 22 Interviews 44 Benefits -- Photos. Search By Employer Name , City , PostalCode or Job Title. Warburg Pincus pays an average salary of $160,000 per year. 2 reactions. Investor Type Investment Partner. See the full leadership team at Craft. Fraudulent activity using the Warburg Pincus name has been reported in India. PayScale, a 14-year-old Seattle Internet company that specializes in compiling compensation data, is receiving an investment of as much as $100 million as part of a recapitalization effort being led by Warburg Pincus. Years of private equity experience, deep industry knowledge, and global networks of resources enable our team of more than 250 investment professionals to identify opportunities, attract outstanding entrepreneurs and business leaders, and ultimately partner effectively with management teams to grow successful businesses in todays dynamic environment. 101 Investment Banking Interview Questions, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats. Related: Where are the key players of the fiscal crisis now? In the first half of this year, he brought in $400,000 for three speeches, according to the Financial Times, which cited unnamed people familiar with the speeches. LinkedIn View on LinkedIn. The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Warburg Pincus, Bain Capital, and Accel. Highest Paying Department At Warburg Pincus. Associate salaries - 1 salaries reported. View Jobs at Warburg Pincus. None of the information on this page has been provided or approved by Warburg Pincus. Our data shows that Warburg Pincus employees in New York, NY get paid the most, where the average yearly pay is $137,857. . 403. All Rights Reserved. Warburg Pincus. by John Cook on April 24, 2014 at 1:30 pm. About Warburg Pincus Warburg Pincus is a leading global private equity firm with nearly $60 billion in assets under management (AUM). Warburg Pincus' Executive Team ranks in the Top 5% of other companies in New York and Top 5% of other companies on Comparably that also have 201-500 Employees. Mr. Mahadevia also is a member of the firm's Executive Management Group. Additionally, geographic location can impact the compensation for employees at Warburg Pincus as well. Warburg Pincus LLC is a leading global growth investor. Join to view profile Warburg Pincus LLC. Coates is leaving after 11 years at Warburg Pincus and almost 25 . "Any financial firm would be thrilled to have a Treasury secretary who understands everything about [the way] Washington speaks," said Melanie Sloan, executive director of Citizens for Responsibility and Ethics in Washington. Insightful piece in Bloomberg on The Walt Disney Company strategy! Got a consulting offer Sr associate PwC and Manager Stanley Black & Decker . Timothy serves on the Board of Directors of the Council on Foreign Relations. Fundraising and Investor Relations. "The federal government pay scale tends to compress earnings into a narrower range than private markets," he said. Cost of living across the world varies a lot, so this data gives you a sense if there are significant adjustments for higher cost of living. Payscale acquires competitor Agora as states push for pay transparency, Tech Moves: Payscale CEO steps down; a16z adds Seattle-based partner; Madrona hires investor, With sweeping pay increase, Microsoft attempts to retain talent in competitive tech job market, Vancouver, B.C.-based workflow automation company Conexiom raises $130M, Seattle teen reveals how much carbon the ultra-rich emit from their private jets, Sales startup Outreach to lay off 70 employees, 7% of workforce, and slow office expansion, Study highlights concerns over satellite interference with Hubble observations, Amazons Ring names Xbox and Oculus vet Elizabeth Hamren as new CEO; founder Jamie Siminoff remains chief inventor, Photos: All dressed up with someplace to go, geeks turn out for Comic Con at new Seattle venue, Microsoft backs effort to extend fiber internet access to 20 million in Africa, Rover unleashes new pet gear including a patent-pending dog poop carrier, Amazon closing eight Amazon Go convenience stores in latest tightening of its physical retail, Amazon pausing construction on second phase of HQ2 in the Washington D.C. area, Nintex hires former Avalara president Amit Mathradas as CEO, Hydrogen-powered airplane aces its first experimental flight in central Washington, Global experts urge increased research into geoengineering, a Hail Mary for climate change, Last call for GeekWire Awards nominations: Help us honor the best innovators and tech leaders, Tech Moves: Armoire hires ex-Microsoft technical fellow; Chewy adds VP after buying Petabyte, Novo Nordisk laying off 86 workers as part of lab shutdown in Seattle, Salesforce stock spikes 14% after beating Q4 estimates; Tableau revenue grows 6% to $636M, Book excerpt: Ex-Google managers cautionary tale details alleged pregnancy discrimination, UW forms medical data science institute focused on AI, machine learning, healthcare, New bill wants FCC to collect data on IoT devices to assess spectrum needs, Big techs billions for climate: Heres where Amazon and Microsoft are making their carbon bets, Like what you're reading?

warburg pincus managing director salary 2023