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...The general public doesn’t necessarily know the extent of the financial hardship,” she says. But transparency is not enough. “We also have to focus on arts education....
...“Now is the ideal time to put in place a plan for the next generation of leadership at the firm,” said Kaye, who will continue to lead Warburg Pincus, in a press release....
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...And as wealth cascades down the generations, it’s an open question whether it’s going to cascade smoothly back into advisory accounts....
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...“We will not monetise our collective life’s work or that of the generations that preceded us,” he said....
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