Warburg Pincus Exploring Plan to Sell up to $1B from Asia Pool

7/16/17

Warburg Pincus is exploring a possible secondary deal that would involve selling up to $1 billion from a private equity fund that closed at $11.2 billion in 2013, according to the Wall Street Journal. The Warburg Private Equity XI has about $5 billion in stakes in companies based in China, India and other parts of Asia. Among the companies in the portfolio are Beijing Amcare Women’s & Children’s Hospital and trucking company Shanghai ANE Logistics Co. Warburg Pincus has reportedly hired Lazard to start shopping the pool to interested investors, said the news outlet.

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