Warburg closes $15 billion PE fund
Global private equity firm, Warburg Pincus, on Tuesday said it has closed the $15 billion Warburg Pincus Global Private Equity fund.
By PTI |
MUMBAI: Global private equity firm, Warburg Pincus, on Tuesday said it has closed the $15 billion Warburg Pincus Global Private Equity fund.
The fund will invest in core industry sectors, early stage and late-stage businesses across North America, Europe and Asia, the company said in a release issued here today.
"We have a time-tested approach-growth investing in growth-oriented regions. This is a particularly attractive investment strategy in the current environment," Co-President of Warburg Pincus, Joseph P Landy, said in the statement.
More than 40 per cent of the company's investments have been sealed outiside the US, it said.
The firm currently has assets under management of over $35 billion.
The firm has raised 12 private equity funds that have invested more than $29 billion in 30 countries and has currently has an active portfolio of more than 100 companies, it said.
The fund will invest in core industry sectors, early stage and late-stage businesses across North America, Europe and Asia, the company said in a release issued here today.
"We have a time-tested approach-growth investing in growth-oriented regions. This is a particularly attractive investment strategy in the current environment," Co-President of Warburg Pincus, Joseph P Landy, said in the statement.
More than 40 per cent of the company's investments have been sealed outiside the US, it said.
The firm currently has assets under management of over $35 billion.
The firm has raised 12 private equity funds that have invested more than $29 billion in 30 countries and has currently has an active portfolio of more than 100 companies, it said.
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