Friday, 27 November 2015
Last updated 1 day ago
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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…