Warburg Pincus raises $4 billion private equity fund for energy

Warburg Pincus LLC said on Monday it had raised $4 billion for its first energy-focused private equity fund, exceeding its $3 billion target and making it the latest investment firm looking to tap into opportunities in North America’s shale gas boom.Warburg Pincus joins peers such as Blackstone Group LP BX.N and Apollo Global Management LLC APO.N that already have dedicated investment funds for energy deals alongside their flagship, multi-sector private equity funds.

via Warburg Pincus raises $4 billion private equity fund for energy | Reuters.

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