Warburg Pincus related stories
All articles and analysis
- Warburg Pincus recruits Maritz as TMT adviser
Warburg Pincus has named Paul Maritz as an industry adviser for its technology, media and telecommunications group. Currently, Martiz is the executive chairman of Pivotal Software's board.
- North Carolina mulls PE, RE stake sales
The $120bn pension manager wants to exit ‘low conviction’ vehicles across private markets investments including real estate, private equity and funds of funds.
No longer meeting the hurdleAdvent International became a news-maker in 2016. Not because of its successful US$13-billion fundraising, but because the venerable firm’s latest fund was oversubscribed at a reported US$20 billion despite not featuring what has been to date a mainstay of private equity funds: the “hurdle” or “preferred return”. In an exclusive PE Hub Canada feature article, Mary Abbott, a partner at Osler, Hoskin & Harcourt LLP, asks: is this the start of a trend?
- VC-backed Avalara expands team with new addition
Seattle-based Avalara Inc, a provider of tax compliance automation for businesses, has named Tony Susak as general manager for its communications business. Previously, Susak worked at AT&T where he served as the tax director. Avalara’s backers include Sageview Capital, Battery Ventures, Warburg Pincus, Technology Crossover Ventures and Arthur Ventures.
- Bank software group Avaloq valued at 1 bln in Warburg Pincus deal: Reuters
Swiss banking software and services provider Avaloq has got a 300 million Swiss franc ($300 million) injection from private equity firm Warburg Pincus in what the group described as a first step towards a potential public listing.
- PAG leads $100m funding for Chinese car auction website
Capital from the Hong Kong-based firm will be used to open another 100 car auction outlets.
CPPIB, Caisse to invest in Singapore, Indonesia warehouses: ReutersCanada’s two biggest pension funds have agreed to partner with LOGOS, a real estate logistics operator, to invest in warehouses in Singapore and Indonesia, betting on demand from the rise of e-commerce and a burgeoning middle class in southeast Asia, Reuters reported. Canada Pension Plan Investment Board said in a statement it will initially commit US$142 million for an about 48 percent stake in LOGOS Singapore Logistics Venture. It will also commit US$100 million for a stake of about 48 percent in LOGOS Indonesia Logistics Venture. CPPIB and Ivanhoé Cambridge, which is the real estate arm of Canada’s second-largest pension fund manager Caisse de dépôt et placement du Québec, will be equal partners in both joint ventures, the statement said.
- Quantum eyes $4.5bn hard-cap for Fund VII
Quantum Energy Partners’ previous fund closed on its $4.45bn hard-cap in July 2015.
- Warburg Pincus provides $115 mln to Alignment Healthcare
Warburg Pincus has agreed to invest $115 million in Alignment Healthcare. Based in Orange, California, Alignment, which is also backed by General Atlantic, is a population health management company.