Warburg Pincus Closes New $12 Billion PE Fund
Warburg Pincus has announced it has successfully raised its latest global fund, Warburg Pincus Private Equity XII.
The fund, launched in May 2015, has received commitments in excess of its $12 billion hard cap.
Warburg Pincus, founded in 1966 and headquartered in New York, is a global PE firm focused on growth investing. It has more than $40 billion in PE assets under management.
The firm invests in businesses at all stages of development with a focus on five key industry sectors: energy financial services, healthcare and consumer, industrial and business services, and technology, media and telecommunications.