Warburg Pincus targets $16bn for fourteenth PE fund: Reuters

Warburg Pincus is seeking to raise $16 billion for its fourteenth flagship private equity fund, reported Reuters.

Warburg Pincus is seeking to raise $16 billion for its fourteenth flagship private equity fund, reported Reuters. Citing an undisclosed source familiar with the transaction, the news wire noted that the fund’s size is the firm’s largest ever. Founded in 1966, Warburg Pincus currently has $64 billion in assets under management.

Source: Reuters