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Warburg Pincus – Fund closing of china Southwest Companion Fund

North American private equity Warburg Pincus has raised $4.25bn for the close of its China-Southeast Asia II vehicle, a companion fund to its $14.8bn main fund. Warburg Pincus initially launched the fund in January targeting $3.5bn but has since surpassed both this amount and the $2.2bn raised for its predecessor fund, Warburg Pincus China I, which closed in December 2016.