Warburg Pincus Closes $12 Billion Fund, Its Biggest Since the Crisis
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Charles R. Kaye, left, and Joseph P. Landy, co-chief executives of $40 billion private equity giant Warburg Pincus.CreditRichard Perry/The New York Times
Warburg Pincus closed a $12 billion private equity fund, the largest the firm has conducted since before the financial crisis.
The new fund, Warburg Pincus Private Equity XII, attracted many investors from outside the United States, especially among insurance companies and high-net-worth individuals. Existing and new investors participated in the fund.
“Global growth investing, alignment of interests, proprietary deal sourcing, adding value to our portfolio companies — these elements have long been central to the success of our business model, and this fund’s oversubscription affirms our differentiated approach to private equity investing,” said Charles R. Kaye, co-chief executive of Warburg Pincus, in a statement Monday…
Warburg Pincus Closes $12 Billion Fund, Its Biggest Since the Crisis
