Warburg Pincus Raises $15 Billion

Warburg Pincus has closed its tenth fund with $15 billion in capital commitments. The New York-based firm makes venture capital, growth equity and leveraged buyout investments out of the same general fund, which invests globally.

PRESS RELEASE

Warburg Pincus, the global private equity firm, today announced the closing of Warburg Pincus Private Equity X, L.P. (WP X), a $15 billion fund.  Building on Warburg Pincus' proven track record, the global fund will be invested 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.

Commenting on the fund closing, Joseph P. Landy, Co-President of Warburg Pincus said: “We are gratified that limited partners continue to be attracted to our unique model