Sign up to receive 5 free days of our daily summary for tech news.

Special Offer: Try out The Information today for only $10/month for your first 3 months. 
Asia Venture Capital

Warburg Pincus Raises $4.25 Billion for China and Southeast Asia Investments

Private equity powerhouse Warburg Pincus said it raised $750 million dollars more than it anticipated for a second China and Southeast Asia-focussed investment fund. That comes despite signs that the trade war between China and the U.S. could make cross-border investments between the two countries increasingly difficult.

Significantly, the new fund, which had a goal of raising $3.5 billion but eventually secured $4.25 billion from pension funds, sovereign wealth funds and others, will expand to include Southeast Asia as part of its remit.

Warburg Pincus has already invested in the region, notably backing Indonesian ride-hailing startup Go-Jek. In China, it has invested in Alibaba’s financial affiliate Ant Financial, ZTO Express and electric carmaker NIO. 

0 Subscriber comments


Sign up for our weekly newsletter and 5 complimentary days of our daily tech news roundup.

Already a subscriber? Log in here