Strong Demand For Private Equity Funds Seen As Warburg Pincus Closes Fund To New Investors

The $40 private equity firm Warburg Pincus has witnessed too much demand for its latest offering and is closing its latest fund to new investors. After raising $12 billion, Warburg Pincus closes fund in November The Warburg Pincus Private Equity XII shut its doors to new investors after raising $12 billion from institutional and high-net-worth investors, many from outside the U.S. Interest in the latest offering was due to the firm’s strategy in beaten down energy-based opportunities and emerging markets, an unnamed source familiar with the discussions told Leslie Picker Of The New York Times. “Global growth investing, alignment of interests,…