Warburg Pincus closes China-Southeast Asia PE fund at over $4.25b

Warburg Pincus closes China-Southeast Asia PE fund at over $4.25b

A Benjamin Franklin U.S. 100-dollar banknote and a Chinese 100-yuan banknote depicting the late Chinese Chairman Mao Zedong, are seen in a picture illustration in Beijing

Global private equity firm Warburg Pincus has made the final close for its China-Southeast Asia-focused private equity fund – Warburg Pincus China-SEA II – after securing commitments exceeding a $4.25-billion hard cap.

The vehicle, which is Warburg Pincus’ first fund with a dedicated focus on Southeast Asia, was launched in January this year with a target fund size of $3.5 billion.

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