PE News & Analysis

Powered by the ListAlpha platform
Back to news

Warburg Pincus Closes $2.2 Billion Multi-Asset Fund Transaction

16 December 2024
Mergers & Acquisitions
Warburg Pincus has successfully closed its inaugural multi-asset continuation fund transaction, securing over $2.2 billion in commitments. This marks a significant milestone for the firm as it ventures into this type of fund.

The transaction was co-led by prominent investment firms HarbourVest Partners, Ardian, and the Canada Pension Plan Investment Board. Notably, these lead investors fully capitalized the fund without the need for syndication, demonstrating strong confidence in the initiative.

Legal counsel for Warburg Pincus was provided by Kirkland & Ellis, while Evercore acted as the financial advisor for the transaction. This collaboration highlights the strategic partnerships that underpin the fund's establishment.
Tags
Companies
Keywords
financial services
continuation fund
private equity
Industry
financial services
Type
deal news
Strategy
large cap
Geography
usa

Request a demo of ListAlpha

We tailor your onboarding experience to match what you're looking for. Tell us more about yourself and your team to help us out.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
DenyAccept All