Warburg Pincus Closes US$11.2 Billion Global Private Equity Fund (Global)

Source: Warburg Pincus

Global private equity firm Warburg Pincus has closed its eleventh fund, Warburg Pincus Private Equity XI, with US$11.2 billion in committed capital. The fund, through which Warburg Pincus invests in emerging markets as well as developed markets, will focus on making growth investments in five sectors: energy, financial services, healthcare, technology/media/telecommunications, and consumer/industrial/services. Warburg Pincus raised capital from public and private pension funds, sovereign wealth funds, insurance companies, endowments, foundations and high net-worth individuals. The firm has already begun to deploy capital from the new fund, including an investment in China Auto Rental, a Chinese car rental company.