By Cai Xiao (
Chinadaily.com.cn)
14:22, May 14, 2013
Warburg Pincus, a leading global private equity firm, announced on Monday the closure of a key investment fund.
The fund, Warburg Pincus Private Equity XI, had reached $11.2 billion.
"China continues to be an attractive market for Warburg Pincus with investment opportunities in growth companies in our key sectors of expertise, such as consumer and retail, healthcare and TMT," Sun Qiang, managing director and head of North Asia for Warburg Pincus, said.
The closure of WP XI follows a very active 2012 in which the firm invested over $2.3 billion in 28 new companies and made follow-on investments into several existing companies.
Warburg Pincus has been active in China since 1994. To date the firm has invested over $4 billion in 80 companies. The current portfolio includes more than 40 companies, including China Auto Rental, Kidswant, Asian American Gas, Red Star Macalline, Lepu Medical and Franshion Properties.
We Recommend:
Successful women:Rich and beauty Sweet 'lovers hotel' making good profit Americans would shun a Chinese brandJack Ma to resign asAlibaba CEO: VideoInt'l auto show kicks off in SW China Top 10 most profitable public companiesSony releases super slim table in Hong Kong Spring hopes maid themes will draw numbersQuake-hit ebony carving struggling to recover Email|
Print|
Comments(Editor:WangXin、Chen Lidan)
Increases the bookmark
twitterfacebookSina MicroblogdiggGoogleDeliciousbuzzfriendfeedLinkedindiigoredditstumbleuponQzoneQQ MicroblogRelated Reading
Warburg Pincus makes equity investment in KidswantWarburg Pincus buys stake in mobile phone makerHot NewsMyanmar warns against possible storm in western coastal areasU.S. navy secretary defends littoral combat ship programCompensation for family of migrant worker who 'jumped to her death'Disclosure delays help fuel online rumors, expert saysYuan appreciation nears limitChina ready to free capital flows?Restoring magnificent relics of Hue Imperial CityProtests halt excavation on ancient mausoleum
本站仅提供存储服务,所有内容均由用户发布,如发现有害或侵权内容,请
点击举报。