Finance / United States
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Warburg Pincus Raises US$15bn Fund
April 2008 | Corporate Financing News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Warburg Pincus, a New York-based private equity group, announced April 22 that it raised US$15bn for its new global fund. The amount surpassed its plan to raise US$12bn for the fund, and nearly doubled the amount of its last global fund, which raised US$8bn, despite the ongoing credit squeeze. The fund is the second-largest raised this year, Apax Partners Worldwide raised US$18.2bn.