Warburg Pincus amasses $15.4b for latest flagship private equity fund

Warburg Pincus amasses $15.4b for latest flagship private equity fund

Warburg Pincus LLC on Friday disclosed it has amassed $15.4 billion for its latest flagship global private equity fund that will acquire companies across industries around the world.

The move brings New York-based Warburg closer to hitting its initial target of collecting $16 billion from investors for the fund, Warburg Pincus Global Growth 14. The fund is the largest in the firm’s history, Reuters had earlier reported.

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