E. M. Warburg, Pincus announced the final closing of Warburg, Pincus Equity Partners, its eighth and largest fund, which raised $5 billion. The fund will continue its strategy of investing in private equity of companies at all stages of development from start-up to early stage to recapitalizations and buyouts.
Pension funds that are limited partners in Warburg Pincus' private equity funds include IBM, AT&T, General Electric, State of Michigan Department of Treasury Bureau of Investments, Public Employees' Retirement Association of Colorado, State Teachers' Retirement System of Ohio, Washington State Investment Board and the New York State Common Retirement Fund.
