Warburg Pincus seeks $16b for latest private equity fund

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Warburg Pincus LLC is seeking to raise $16 billion from investors for its latest flagship global private equity fund, its biggest ever, according to people familiar with the matter.

The New York-based firm is in the early stages of raising Warburg Pincus Global Growth 14, and prospective investors are already looking to make commitments to the fund, said the sources, who requested anonymity because the matter is confidential.

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