Willkie Aids Warburg On $11B Fund, A Post-Crisis Giant

Law360, New York (May 10, 2013, 5:46 PM EDT) -- Warburg Pincus LLC said Friday it had closed its 11th fund at $11.2 billion, smaller than its last pool and a bit short of its $12 billion target, but still the largest buyout fund from a U.S. sponsor since the financial crisis.

WP XI closed after less than a year on the road, another feat in a tough fundraising environment. Like Warburg’s prior funds, it will invest in the firm’s key industries — energy, financial services, technology, and media, health care and consumer and industry services...
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