Warburg Pincus Raises $4B for Maiden Structured Capital Fund

Warburg Pincus raised over $4 billion for its maiden structured capital investment vehicle, Capital Solutions Founders Fund, more than double its $2 billion initial target. The fund will provide debt or equity for balance sheet optimization, shareholder liquidity, M&A and growth.

The fund portfolio consists of investments in DriveCentric, Excelitas, Nord Security, Service Compression, and MIAX.

“Our Capital Solutions offering looks to capitalize on the large and growing pipeline of structured investment opportunities, resulting in high-quality transactions with attractive, risk-adjusted return profiles,” said Jeffrey Perlman, CEO, Warburg Pincus.

The fund follows the firm’s global flagship fund, Warburg Pincus Global Growth 14, which closed with $17.3 billion in commitments, also exceeding its initial target fund size of $16 billion. Warburg Pincus Global Growth 14 is the largest fund in the firm’s 57-year history, outdoing the $15 billion it raised for its previous flagship investment vehicle in 2018.

Since its founding in 1966, the NY-based private equity giant has invested over $117 billion in more than 1,000 companies globally across its private equity, real estate, and capital solutions strategies. The firm has more than $83 billion in assets under management.