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Warburg Pincus plans to raise US$12b global fund: sources

This comes two years after the company raised US$11.2b for its Warburg Pincus Private Equity XI fund

New York

PRIVATE equity firm Warburg Pincus LLC has told investors it will seek to raise a new US$12 billion global fund, just two years after amassing a US$11.2 billion fund, according to people familiar with the matter.

The fund-raising comes as other private equity firms such as

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