WARBURG PINCUS ANNOUNCES NEW $4.25 BILLION FUND FOR CHINA AND SOUTHEAST ASIA | WHAT REALLY HAPPENED

WARBURG PINCUS ANNOUNCES NEW $4.25 BILLION FUND FOR CHINA AND SOUTHEAST ASIA

Warburg Pincus, the private equity fund with over $ 60 billion under management, is doubling down on Asia after it announced a $ 4.25 billion fund dedicated to China and Southeast Asia.

The firm has been present in China for 25 years, and it has invested over $ 11 billion in a portfolio of over 120 startups that includes the likes of Alibaba’s Ant Financial and listed companies NIO (a Tesla rival), ZTO Express (a courier firm)among others. The new fund will work in tandem with the firm’s $ 14.8 billion global growth fund which was finalized at the end of last year.

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