Warburg Pincus has raised US$2.8 billion for its inaugural Asia-focused real estate fund, which will target “new economy” assets in the region, the US private equity firm said on Wednesday.The Warburg Pincus Asia Real Estate Fund, launched in November last year, had set an initial target of US$1.5 billion, but strong demand from institutional investors, who contributed over 60 per cent of the capital, boosted the fund’s size nearly twofold.Although it is the second largest Asia-focused real…
Source : South China Morning Post
Read more…Warburg Pincus targets ‘new economy’ assets with US.8 billion Asia-focused real estate fund
