NEW YORK (Reuters) - Warburg Pincus LLC has reached its first fund-raising close for its 11th private equity fund, raising more than $5 billion in just over seven months, people familiar with the matter said on Thursday, a major step toward it reaching its $12 billion target.
NEW YORK (Reuters) - Warburg Pincus LLC has reached its first fund-raising close for its 11th private equity fund, raising more than $5 billion in just over seven months, people familiar with the matter said on Thursday, a major step toward it reaching its $12 billion target. About 50 investors, both existing and new, participated in the closing, which took place in early May, the people said. The firm has identified opportunities to put some of this capital to work immediately, they added. Warburg Pincus declined to comment. ...
NEW YORK (Reuters) - Warburg Pincus LLC has raised more than $5 billion in just over seven months for its 11th global private equity fund, a major step on the way toward its $12 billion target, people familiar with the matter said on Thursday. Warburg Pincus Private Equity XI is the second-largest buyout fund globally by capital targeted that is currently tapping investors for money, behind Blackstone Real Estate Partners VII, which is targeting $13 billion. Mega-buyout funds have struggled with a tough fundraising environment as their returns have been hit by tighter financing conditions. ...
NEW YORK (Reuters) - Warburg Pincus LLC has raised more than $5 billion in just over seven months for its 11th global private equity fund, a major step on the way toward its $12 billion target, people familiar with the matter said on Thursday.
Warburg Pincus LLC has raised more than $5 billion in just over seven months for its 11th global private equity fund, a major step on the way toward its $12 billion target, people familiar with the matter ...
NEW YORK (Reuters) - Private equity firm Warburg Pincus raised $11.2 billion for its latest fund, one of the largest private equity funds since the global financial crisis. The New York-based firm said on Friday that investors in the new fund, Warburg Pincus Private Equity XI LP, include public and private pension funds, sovereign wealth funds and wealthy individuals, with a significant number of the new investors coming from outside the United States. Warburg Pincus reached a final close of the fund within one year of closing the fund's first part, in line with its initial plan. ...
NEW YORK (Reuters) - Silver Lake Partners, the technology-focused private equity firm backing a $24.4 billion bid to take Dell Inc private, is close to raising $10 billion for its latest fund, exceeding its initial fundraising target on strong investor demand, a person familiar with the matter said on Thursday.
NEW YORK (Reuters) - Silver Lake Partners, the technology-focused private equity firm backing a $24.4 billion bid to take Dell Inc private, is close to raising $10 billion for its latest fund, exceeding its initial fundraising target on strong investor demand, according to a person familiar with the matter.
NEW YORK (Reuters) - Silver Lake Partners, the technology-focused private equity firm backing a $24.4 billion bid to take Dell Inc private, is close to raising $10 billion for its latest fund, exceeding its initial fundraising target on strong investor demand, according to a person familiar with the matter.