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UBS Investment Bank and Wells Fargo Securities acted as financial advisors to Warburg Pincus. Jefferies LLC acted as financial advisor to Alvarez & Marsal Capital. About Gabe's Gabe's, founded in 1961, is a privately-held, extreme value off-price retailer headquartered in Morgantown, West Virginia. The company operates 61 Gabe's stores across 11 states, as well as 45 stores operating as Rugged Wearhouse. The company sells designer brands and fashions for up to 70% off department and specialty store prices. Their stores carry designer brand name ladies, juniors, lingerie, men's and children's apparel, along with footwear, accessories, handbags, bath and beauty products, home decor, soft home, and housewares. About Warburg Pincus Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The firm has more than $40 billion in private equity assets under management. The firm's active portfolio of more than 130 companies is highly diversified by stage, sector and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 16 private equity funds, which have invested more than $58 billion in over 760 companies in more than 40 countries. Warburg Pincus has invested more than $12.5 billion in over 200 healthcare and consumer companies. Current and former investments in the retail and consumer goods sectors include Glansaol, Neiman Marcus, Poundland, REISS, Wanse, Biba Apparels, Kalyan Jewellers, Kidswant, and Intime Department Store Group, among others. The firm is headquartered in New York with offices in Amsterdam, Beijing, Hong Kong, London, Luxembourg, Mumbai, Mauritius, San Francisco, Sao Paulo, Shanghai, and Singapore. For more information please visit www.warburgpincus.com . About Alvarez & Marsal Capital A&M Capital is a private equity firm which invests in middle market businesses that can benefit from the firm's access to significant operating resources and expertise.
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REUTERS/Osman Orsal 1/2 left right Russian Ambassador to Turkey Andrei Karlov lies on the ground after he was shot by Mevlut Mert Altintas at an art gallery in Ankara, Turkey, December 19, 2016. Hasim Kilic/Hurriyet via REUTERS 2/2 MOSCOW Turkish President Tayyip Erdogan gave an update on the investigation into the killing of the Russian ambassador in Ankara in a phone conversation with President Vladimir Putin on Friday which also covered the Syrian crisis, the Kremlin said. The envoy, Andrei Karlov, was shot dead on Monday by an assassin who shouted "Allahu Akbar" and "Don't forget Aleppo". He was buried with military honors in Moscow on Thursday. "The President of Turkey informed Vladimir Putin about how the investigation of the murder of the Russian ambassador to Turkey was going," the Kremlin said in a statement. "The close cooperation between Russian and Turkish law enforcement and special services was noted," it said. On the Syrian crisis, the two men expressed satisfaction with the end of the operation in Aleppo. "This has meant that favorable conditions have been created to start the peace process, assuming there will be a cessation of hostilities across the whole territory of Syria and a transition to a political settlement," it said. Russian news agencies reported earlier on Friday that one Russian military police battalion, fully staffed with contract service members, had been deployed from the Hmeimim air base in Syria to Aleppo. The battalion will help local officials with law enforcement, the defense ministry was quoted as saying by RIA news agency. (Reporting by Polina Devitt; editing by Richard Balmforth) Next In World News
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