Warburg Pincus related stories
All articles and analysis
Advisor: Large firms invading mid-marketResearch shows that activity levels of large-cap private equity groups in the European mid-market have increased 72% compared to the three years leading up to the financial crisis.
- Washington commits $1.3bn to 5 GPs
The state pension giant, among the most active in the market with about $77bn in assets, has committed to KSL, Vestar, Lone Star, M3's Evergreen Real Estate fund and Sheridan Production Partners.
- New Jersey barters carry cut from Tenex
The $70bn pension negotiated carry down to 16% on Cerberus spin-out Tenex Capital Management’s debut fund. Tenex is led by Michael Green.
- StepStone replaces Hamilton Lane in Wisconsin
The Wisconsin state investment board, which manages $78bn in assets, has awarded StepStone a three year contract for private equity consulting services for $600,000 a year.
- New Jersey seeks private equity advisor
The $70bn pension has published requests for proposals for four advisors, including in private equity, real estate, hedge funds and general consulting.
- Exit stage east
Asia provided something of an exit haven during 2009, according to a recent study, however the western markets are returning with renewed vigour.
- New Jersey moves to ramp up PE allocation
The State Investment Council last week preliminarily approved increasing its private equity allocation, and made its first private equity-like commitment since early 2009.
- IPO exits decline in the third quarter
Despite some record-breaking deals, private equity firms only managed to raise $5.7bn in the IPO market in Q3 2010.
- LDC banks £650m from exits in 2010
Lloyds’ captive private equity investor has completed six exits this year, including three trade sales in recent weeks.
- Oregon bets $100m on Warburg oil and gas effort
The Oregon Investment Council committed $100m to Warburg Pincus joint venture Sheridan Production Partners II, a re-up for the OIC, which committed $100m to SPP I in April 2007.