Warburg Pincus Asia
Warburg Pincus, VinaCapital to create SE Asia hotel platform
Warburg Pincus has teamed up with Vietnam-based GP VinaCapital and Don Lam, the firm’s founder, to create a hotel investment platform intended to tap into rising inbound tourism in Southeast Asia, particularly from China.
GIC invests $50m in India's Capital First
Singapore sovereign wealth fund GIC Private has invested INR3.4 billion ($50.3 million) in Capital First, an Indian non-banking financial company (NBFC) backed by Warburg Pincus.
Warburg Pincus supports take-private of Singapore's ARA
Warburg Pincus has joined a consortium of investors including China’s Avic Trust to privatize Singapore-listed real estate fund management company ARA Asset Management.
Warburg Pincus invests $75m in India's Rivigo
Warburg Pincus has invested $75 million for a minority stake in Indian trucking company Rivigo. The transaction marks the GP’s third logistics deal in the country in the past two years.
Warburg Pincus, 21Vianet to create China data center platform
Warburg Pincus has agreed to partner US-listed Chinese internet services provider 21Vianet on a joint venture focused on developing and acquiring data centers in China.
PE-backed ZTO Express raises $1.4b in US IPO
Private equity-backed Chinese logistics operator ZTO Express has raised $1.4 billion in its New York Stock Exchange IPO after pricing its shares above the indicative range. It is the largest US float by a Chinese company since Alibaba Group in 2014.
PE-backed ZTO Express seeks up to $1.3b in US IPO
ZTO Express, a China logistics operator backed by investors including Warburg Pincus and Sequoia Capital, has set a target of up to $1.33 billion for its US IPO.
Hillhouse, Warburg, Tencent lead round for China’s Mobike
Shanghai-based bike rental service start-up Mobike has raised a Series C round of funding led by Hillhouse Capital, Warburg Pincus and Tencent Holdings.
PE-backed ZTO Express files for US IPO
China-based logistics operator ZTO Express has filed for an IPO in the US. Sequoia Capital and Warburg Pincus are the most significant private equity backers with stakes of 7.2% and 6.1%, respectively.
PE-backed Continental Warehousing files for India IPO
Indian logistics provider Continental Warehousing has filed for a domestic IPO, setting up The Abraaj Group for a full exit. Warburg Pincus is expected to make a partial exit.
India logistics: Wheels within wheels
A confluence of macro influences is driving demand for modernized logistics in India. Private equity is likely to benefit in a number of areas, but informed targeting and value-add approaches will be key
India's PE-backed Laurus Labs file for IPO
Indian pharmaceutical products developer Laurus Labs has filed for a domestic IPO, offering a partial exit for backers Warburg Pincus and Eight Roads Ventures.
Deal focus: Go-Jek targets multiple verticals
As a single-country player with a dominant position across verticals ranging from transportation to payment, Indonesia-based Go-Jek is tipped to overcome its rivals. A consortium of investors has committed $550m to make this happen
KKR, Warburg Pincus join $550m round for Indonesia's Go-Jek
Indonesian mobile ride-hailing and delivery platform Go-Jek has received $550 million from investors including KKR, Warburg Pincus, Farallon Capital and Capital Group Private Markets.
Warburg Pincus commits $125m to India logistics start-up
Warburg Pincus has agreed to invest up to $125 million in an India-based supply chain services start-up founded by Anshuman Singh, who previously spent nine years as head of Future Supply Chain Solutions.
Ping An commits $300m to PE-backed logistics platform
Ping An Real Estate, the real estate investment and asset management platform of China's Ping An Insurance Group, has committed $300 million to e-Shang Redwood (ESR), a real estate logistics platform backed by Warburg Pincus with operations in China,...
Warburg Pincus to make partial exit from China Biologic
Warburg Pincus has agreed to make another partial exit from China Biologic Products, a US-listed bio-pharmaceutical developer, generating proceeds of about $308 million.
Warburg Pincus to open Singapore office
Warburg Pincus will open an office in Singapore to improve its ability to identify and evaluate investment opportunities in Southeast Asia.
Warburg Pincus backs Chinese private hospital chain UIB
Warburg Pincus has invested an undisclosed sum in UIB, a Shanghai-based hospital chain that focuses on obstetrics, gynecology and pediatrics.
Warburg Pincus-backed D&J China buys 40% of KaiLong
D&J Industrial Property, a Chinese business park developer co-founded and majority-owned by Warburg Pincus, has agreed to acquire a 40% stake in real estate investment firm KaiLong Group for an undisclosed sum.
China serviced apartment chain Mofang raises $300m
Mofang Gongyu, a Shanghai-based serviced apartment chain operator, has raised $300 million in a Series C round of funding led by AVIC Trust. Existing backer Warburg Pincus also participated.
Ex-Warburg Pincus China head David Li joins Ucar
David Li, former managing director and head of China at Warburg Pincus, has joined the PE firm’s portfolio company Ucar, a Chinese chauffeured car service provider, as vice chairman.
Warburg Pincus exits Premier Foods to Japan's Nissin
Japanese noodle maker Nissin Foods has agreed to buy a 17.3% stake in diversified UK grocer Premier Foods from Warburg Pincus for GBP90 million ($129.3 million).
Warburg Pincus seeks $2b for China fund
Warburg Pincus is seeking to raise $2 billion for a new China-dedicated fund, which will make investments in the country alongside its latest $13.4 billion global fund.