Insight

Warburg Pincus racks up $17.3bn for fourteenth global PE fund

The firm's previously flagship fund closed on $15 billion in 2018.

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  • WPGG 14’s LPs include public and private pension funds, sovereign investors, insurance companies, endowments, foundations, fund of funds, family offices, and high-net-worth individuals
  • Kirkland & Ellis LLP served as legal advisor for WPGG 14
  • Headquartered in New York, Warburg Pincus has more than $83 billion in assets under management

Warburg Pincus has closed its fourteenth global private equity fund at $17.3 billion, beating its $16 billion target.

The firm’s previously flagship fund closed on $15 billion in 2018.

WPGG 14’s limited partners include public and private pension funds, sovereign investors, insurance companies, endowments, foundations, fund of funds, family offices, and high-net-worth individuals.

“This is a challenging period for investors, with rising rates and geopolitical tension, but also new promise from this wave of innovation,” said Timothy Geithner, chairman of Warburg Pincus in a statement. “This puts a premium on diversification, a careful and disciplined approach to investing, and deep expertise on the shifting frontiers of technology, across sectors and economies. We look forward to continuing to navigate the ever-shifting mix of opportunities and challenges, partnering with excellent management teams to build great companies.”

Kirkland & Ellis LLP served as legal advisor for WPGG 14.

Headquartered in New York, Warburg Pincus has more than $83 billion in assets under management. Warburg Pincus was founded in 1966.