Strong Demand For Private Equity Funds Seen As Warburg Pincus Closes Fund To New Investors

The $40 private equity firm Warburg Pincus has witnessed too much demand for its latest offering and is closing its latest fund to new investors.

After raising $12 billion, Warburg Pincus closes fund in November

The Warburg Pincus Private Equity XII shut its doors to new investors after raising $12 billion from institutional and high-net-worth investors, many from outside the U.S. Interest in the latest offering was due to the firm’s strategy in beaten down energy-based opportunities and emerging markets, an unnamed source familiar with the discussions told Leslie Picker Of The New York Times.

“Global growth investing, alignment of interests, proprietary deal sourcing, adding value to our portfolio...