Warburg Pincus has closed a US$2 billion China fund, a companion fund to its twelfth global private equity fund that closed in late 2015 with US$13.4 billion in total commitments.
Warburg Pincus China, L.P. received third-party commitments in excess of its US$2 billion hard cap after six months in the market, the firm announced today.
This fund will continue Warburg's thesis-driven, sector-focused approach to investing in China, partnering with entrepreneurs and management teams to build companies of sustainable value.
It will focus on investing across sectors including consumer, healthcare, real estate, energy and industrials, financial services, technology, media and telecommunications (TMT).
"Since our first investment in China in 1994, ...
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