US private equity firm Warburg Pincus has announced the closing of its 10th fund,
The fund proceeds will be used to invest globally, including in early stage, growth and late-stage businesses in emerging markets such as Eastern Europe and Asia, where
According to Warburg Pincus the fund’s success in a challenging debt environment was due to its having a low reliance on leverage as a growth-oriented investor investing across all stages of the company’s life cycle.
“We have a time-tested approach – growth investing in growth oriented regions,” said Joseph Landy, co-president of Warburg Pincus. “This is a particularly attractive strategy in the current environment.”