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Warburg Pincus Closes $4.25 Billion China-Southeast Asia II Fund

Wednesday, June 26, 2019


(Press Release) - Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the successful close of Warburg Pincus China-Southeast Asia II, L.P. ("Warburg Pincus China-SEA II"). Warburg Pincus China-SEA II is a $4.25bn companion fund that will invest in Chinese and Southeast Asian portfolio companies alongside Warburg Pincus Global Growth, L.P. ("WPGG"), a $14.8 billion global, growth-focused private equity fund that closed in late 2018.  Warburg Pincus China-SEA II is also the successor fund to Warburg Pincus China, L.P., a $2.2bn companion fund that closed in December 2016.  Within China, Warburg Pincus is known as Hua Ping (华平). 

The Warburg Pincus China-SEA II fund was launched in January 2019, targeting a fund size of $3.5 billion.  Warburg Pincus China-SEA II received commitments in excess of the $4.25 billion hard cap for the Fund that was set during the fundraise.  The combination of the capital committed to Warburg Pincus China-SEA II, and the capital from WPGG to be invested in the region alongside Warburg Pincus China-SEA II, gives Warburg Pincus one of the largest dedicated pools of capital in the private equity industry for China and Southeast Asian opportunities.

Warburg Pincus China-Southeast Asia's Limited Partners include existing investors in Warburg Pincus' current funds as well as new investors to the firm. The investors represent a diversified mix of leading public and private pension funds, sovereign wealth funds, insurance companies, endowments, foundations, fund of funds, family offices and high-net-worth individuals.

 

View full announcement here