Warburg Pincus Closes $15 Billion Global Private Equity Fund

Apr 22 2008 | 10:17am ET

Warburg Pincus has closed its latest private equity offering, Warburg Pincus Private Equity X, at a whopping $15 billion. The fund will invest in core industry sectors consistent with the firm's growth-oriented strategy to focus on early-stage, growth and late-stage businesses across North America, Europe and Asia.

The fund's investors include leading public and private pension funds, endowments and global financial institutions including the Washington State Investment Board and GE Asset Management. The fund also attracted other first-time investors, including the Universities Superannuation Scheme and the Teacher Retirement System of Texas.
 
“We are gratified that limited partners continue to be attracted to our unique model – to invest across domains, geography and across company stage of life out of a single, global fund,” said Joseph Landy, co-president of Warburg Pincus. “We have a time-tested approach–growth investing in growth-oriented regions. This is a particularly attractive investment strategy in the current environment.”

Warburg Pincus currently manages more than $35 billion of total assets.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

AIMA: How The U.K.'s SMCR Will Affect U.S. Firms

Jun 20 2017 | 6:29pm ET

U.S. investment managers need to think seriously about how tough new U.K. conduct...

 
Error

From the current issue of