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Tuesday April 22, 08:35 AM
Warburg Pincus raises $15 billion private equity fund

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NEW YORK (Thomson Financial) - Warburg Pincus, the U.S.-based private equity firm, said it raised $15 billion for its Warburg Pincus Private Equity fund.

Commenting on the fund closing, Joseph Landy, co-president of Warburg

Pincus said: 'We are gratified that limited partners continue to be attracted

to our unique model.'

Investors in the fund include the Washington State Investment Board and GE Asset Management.

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