Warburg Pincus has held the final close of its 10th global fund on $15 billion (€9.4 billion) beating its target of $12 billion by 25 percent. The firm had its first close for the fund on $9 billion in October. Warburg Pincus’ previous fund raised $8 billion in August 2005.
Warburg Pincus raises $15bn
The diversified firm, jointly led by Charles Kaye, has surpassed its target by 25 percent, as investors look to emerging markets and growth capital for returns.