The Daily Beast: India Ambassador Pick Has Questionable Private Equity Ties
“Obviously, there is a question of whether [Warburg’s increased investment in India] is related to the likelihood that Kenneth Juster, a former partner, is going to be nominated as the U.S. Ambassador to India,” according to Larry Noble, who works on ethics issues for the Campaign Legal Center, a watchdog group.
“The issue for the administration is ensuring that Juster avoids any conflicts of interests when dealing with matters that involve his former firm,” said Noble, a former general counsel for the Federal Election Commission. “The nature of the potential conflicts will depend, in part, on whether he has any continuing financial ties to the Warburg Pincus.”