Warburg Pincus LLC
Warburg Pincus LLC is a leading global growth investor. The firm has an active portfolio of more than 215 companies and is headquartered in New York.
- Regulatory AUM
- $109B
- PE fund assets
- $112B
- PE funds
- 213
- Investments held
- 206 of 213
- Deals, last 12 months
- 10
56 additional team members, 124 additional counterparties and placement agents, 495 additional funds, deals and LP commitments, 55 events
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 5 deals180 days
5 deals since 26 Jun 2026: bought Integrace Private Limited (platform, 15 Jul), PANTHERx Rare (13 Jul) and CreditorWatch (platform, 9 Jul).
What it is buying now is the best guide to what it will buy next.
People to know
View all people- Chief Executive Officer, Elected ManagerWhy: Runs the firm (chief executive or president)No route on file yet
Capital path
who backs this record, through what, into what; each name opens its own path- Washington State Investment Board$6.8B disclosed
- New York State Common Retirement Fund$1.9B disclosed
- Colorado Public Employees' Retirement Association$1.4B disclosed
- Cleary Gottlieb Steen & Hamilton LLPlegal adviser, 8 shared
- J.P. Morgan Securities LLCplacement agent, 5 shared
- Jefferies LLCfinancial adviser, 4 shared
Relationship network
668 connected entities81 observed deals32 repeat counterparties15 dated deals shown here, 2020 to 2026
From announced deals and their parties, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the private equity graph. Dollar figures appear only where a source disclosed one.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the deals and sources behind it. Line weight is deals together; dashed lines are inferred.
- Company
- Service provider
- Capital provider
- Fund or vehicle
- Person
›How strength and recency are read
Strength is read from the deals: three or more is a strong observed relationship, two a repeat counterparty, one a single interaction. People and vehicles are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Classification, Form ADV and stated criteria
Classification, Form ADV and stated criteria
How this organization is classified, and on what basisBuyout firm · 7 in historyShowHide
- Class
- Buyout firmconfirmed, confidence 85%
- Basis
- 258 of 258 distinct vehicles are sworn Private Equity Funds; 216 reported gross assets on a filing in 2022 or later
- Size band
- Large capdefined by: proxy: $112.30bn Private Equity Fund GAV on the Form ADV filed 2026-03-31
- Strategies
- Growth equity, private credit, real estate PE, secondaries
Classification history (7)
- Sep 28, 2026Hybrid manager (probable, 65%)Private Equity Funds are 0 of 1 distinct vehicles; hedge, securitized or liquidity vehicles 0
- Sep 28, 2026Hybrid manager (probable, 65%)Private Equity Funds are 0 of 1 distinct vehicles; hedge, securitized or liquidity vehicles 0
- Sep 28, 2026Hybrid manager (probable, 65%)Private Equity Funds are 0 of 1 distinct vehicles; hedge, securitized or liquidity vehicles 0
- Sep 28, 2026Hybrid manager (probable, 65%)Private Equity Funds are 0 of 1 distinct vehicles; hedge, securitized or liquidity vehicles 0
- Sep 28, 2026Hybrid manager (probable, 65%)Private Equity Funds are 0 of 1 distinct vehicles; hedge, securitized or liquidity vehicles 0
- Sep 23, 2026Buyout firm (confirmed, 85%)258 of 258 distinct vehicles are sworn Private Equity Funds; 216 reported gross assets on a filing in 2022 or later
- Sep 13, 2026Buyout firm (confirmed, 85%)222 of 222 distinct vehicles are sworn Private Equity Funds; 188 reported gross assets on a filing in 2022 or later
Regulatory footprint (Form ADV)RAUM $109B · 213 PE funds · filed Mar 31, 2026ShowHide
- Adviser type
- Registered investment adviser
- Form ADV filings
- Feb 10, 2012 to Mar 31, 2026
- RAUM
- $109Bregulatory assets under management of the adviser; not dry powder, not a fund size
- PE funds, latest filing
- 213
- PE fund GAV, latest filing
- $112Breported gross assets (Form ADV), not fund size
- All private fund GAV
- $112Bevery private fund type, latest filing
- 2024 PE fund GAV
- $112Bsum over funds typed Private Equity Fund with a 2024 or later as-of date
- PE share of funds, lifetime
- 100%
- Fund type mix
- Private equity fund: 213 funds, $112B reported gross assets, 258 ever reported
- Employees
- 775
- Headquarters
- New York, NY
Stated criteria beside observed behaviour1 of 8 criteria stated · 206 observed dealsShowHide
- Sectors
- not stated or not yet read
- Geography
- Global
- Revenue
- not stated or not yet read
- EBITDA
- not stated or not yet read
- Enterprise value
- not stated or not yet read
- Equity check
- not stated or not yet read
- Control
- not stated or not yet read
- Thesis
- not stated or not yet read
- On record
- 206 companies, 213 holdings, 77 transactions
- Period
- 2008 to 2026 (155 dated observations, 134 holdings undated)
- Most deals
- Software (13 of 206, e.g. Indecomm Digital Services and Phil), financial services (11 of 206), tech enabled services (5 of 206) and 5 more
- Subsectors
- Software (12 of 206), financial services (11 of 206), data processing hosting (3 of 206), energy (3 of 206) and 4 more
- Deal roles
- 45 platforms, 3 add-ons, 5 minority stakes, 160 with role not stated
- Add-ons per platform
- 0.07 add-ons per platform
- Control
- 45 control, 5 minority, 163 not stated
- Disclosed deal values
- 8 deals with a disclosed value, $125M to $7.7B
- Where
- Tx (3 of 206), co (1 of 206), pa (1 of 206), ca (1 of 206), mn (1 of 206) and 1 more
- Bought from
- 2 family, 2 sponsor, 1 founder, 1 unknown
- By year
- 2008: 1 other deal; 2018: 1 other deal; 2019: 9 platforms; 2020: 3 platforms, 1 other deal; 2021: 2 platforms, 1 exit, 15 other deals; 2022: 2 platforms, 1 exit, 1 other deal; 2023: 2 other deals; 2024: 6 platforms, 2 add-ons, 9 other deals; 2025: 7 platforms, 7 other deals; 2026: 4 platforms, 2 other deals
- Repeat counterparties
- Cleary Gottlieb Steen & Hamilton LLP (legal adviser) on 8 deals, a legal adviser on 4 deals, a legal adviser on 4 deals, a lender on 3 deals and 8 more
206 companies on the graph (77 transactions); most in software (13); 45 platforms and 3 add-ons; observed 2008 to 2026
Funds
How vehicles are groupedFeeders, parallels, executive funds, alternative investment vehicles and lettered sleeves are folded under the fund they belong to, read from the vehicle names. Deal-by-deal co-investment vehicles are pooled. Current funds come first: families are ordered by vintage, newest first, among those holding at least a twentieth of the largest family’s assets, then by size. The figure is the sum of each vehicle’s latest reported gross assets on Form ADV, not a fund size.Warburg Pincus Global Growth 15 · 3 vehicles · vintage 2025$11B
- Warburg Pincus Global Growth 15 Growth fund · 2025$4.8B
- Warburg Pincus Global Growth 15-B Growth fund · 2025$3.8B
- Warburg Pincus Global Growth 15 International Growth fund$2.0B
Decision makers
- Jeffrey David Perlman · Chief Executive Officer, Elected ManagerWhy this person: Runs the firm (chief executive or president); Named with investment responsibility
Who else at this firm · 2 people, grouped by function
- Timothy Franz Geithner · Co-ChairmanWhy this person: Board member; Named with investment responsibility
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Team
Where the team comes fromEach row names its source in short; hover the source for its full description. Sources on this list: SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites). A person named by two sources under two spellings is shown once, with both sources.- Co-Chairman · since Sep 1, 2024
- Chief Executive Officer, Elected Manager · since Sep 1, 2024
- Co-Chairman · since Sep 1, 2024
Deals
How deals are mergedOne row per deal. A portfolio relationship and a transaction that describe the same deal (the same transaction, or the same company on the same date) are printed once, with the columns of both. 213 portfolio relationships and 81 transactions are on this record.| Date | Company | Deal | This firm’s role | Status | Partner | Source |
|---|---|---|---|---|---|---|
| Jul 15, 2026 | Integrace Private Limited | Platform acquisition | Sponsor (confirmed) | active held 3 months | unknown | warburgpincus.com |
| Jul 13, 2026 | PANTHERx Rare | Exit to a strategic buyer | Strategic acquirer (confirmed) | not in the portfolio read | unknown | prnewswire.com |
| Jul 9, 2026 | CreditorWatch | Platform acquisition | Sponsor (confirmed) | active held 3 months | Alex Roso (confirmed) | warburgpincus.com |
Portfolio credit
Where these figures come fromPortfolio companies matched to a BDC borrower by an identity-graded bridge, read from each BDC’s own schedule of investments: the lenders’ marks, their accrual footnotes, PIK and maturities. Observed, never forecast. Firms whose own BDC lends to the company are left out.- Principal held
- $2.2B
- 48 lenders
- Weighted mark
- 99.8
- unchanged on the quarter, same 15
- Non-accrual now
- 0
- 0 placed at Jun 30, 2026
- Marked down
- 0
- 2 pts or more on the quarter
- Maturing in 12 months
- 0
- none stated
- 17 portfolio companies on a BDC schedule at Jun 30, 2026: 5 with ownership stated current, 12 listed on a portfolio page with no date or status.
- Lenders mark them at 99.8 on cost, weighted by principal (15 borrowers with a mark inside the plausible band).
- On the 15 borrowers marked at both Mar 31, 2026 and Jun 30, 2026, the weighted mark moved 0 points; 0 fell 2 points or more and 0 rose 2 points or more.
- Not counted above: 1 borrower still on a BDC schedule whose ownership by this sponsor is recorded as exited.
Show the credit outlook: 17 borrowers, 48 lenders, 8 quartersas of Jun 30, 2026
17 borrowers are in every figure above and named with Private Credit Intelligence.
48 lenders are counted here and named with Private Credit Intelligence.
| Quarter end | Held | Principal | Mark | Non-accrual placed | PIK added or up |
|---|---|---|---|---|---|
| Sep 30, 2024 | 14 | $1.6B | 100.6 | 0 | 1 |
| Dec 31, 2024 | 15 | $2.9B | 100.8 | 0 | 0 |
| Mar 31, 2025 | 14 | $1.8B | 100.6 | 0 | 0 |
| Jun 30, 2025 | 14 | $1.8B | 100.8 | 0 | 0 |
| Sep 30, 2025 | 15 | $2.0B | 100.8 | 0 | 1 |
| Dec 31, 2025 | 15 | $2.3B | 100.6 | 0 | 0 |
| Mar 31, 2026 | 15 | $2.2B | 99.8 | 0 | 1 |
| Jun 30, 2026 | 15 | $2.2B | 99.8 | 0 | 0 |
A look back at today’s portfolio companies, not a record of what the sponsor owned then. Mark is fair value over cost across every position inside the plausible band.
- A mark is the lender's own fair value over cost for the quarter. Below 90 means the lender carries the loan at a discount of 10 or more on the dollar; it is that lender's valuation, not DFX's.
- Two lenders on the same facility 10 points apart are valuing the same loan differently; which one is right is not something a schedule of investments says.
- Non-accrual is read from the BDC's own footnote, never inferred from a mark. PIK is interest the borrower pays in more debt rather than cash.
- No forecast is made here. DFX does not publish a default or distress prediction for a sponsor.
Population: portfolio companies matched to a BDC borrower by an identity-graded bridge, on a BDC schedule of investments at Jun 30, 2026, ownership not recorded as exited. Firms whose own BDC lends to the company, and private credit managers, are left out: that is lending, not ownership. Marks, principal and accrual status are the BDCs' own filed figures; the quarter before is Mar 31, 2026.
Placement agents, lenders, advisers and co-investors
- J.P. Morgan Securities LLC 5 shared · very strong · last Sep 8, 2026
- Jefferies LLC 4 shared · strong · last Jul 16, 2025
- Cleary Gottlieb Steen & Hamilton LLP 8 shared · very strong · last Jul 28, 2025
Placement agents by fund generation
| Agent | Funds | Years | Strategies | Latest generation |
|---|---|---|---|---|
| J.P. Morgan Securities LLC | 5 | vintages 2015 to 2025 | Growth, Private Equity | on it |
| Samsung Securities | 4 | vintages 2022 to 2025 | Growth | on it |
| Morgan Stanley | 2 | vintages 2018 to 2025 | Growth | on it |
From Form ADV Schedule D, which names the placement agents on each private fund an adviser reports, year by year.
LP commitments
How LPs are totalledOne line per LP, largest disclosed total first. A commitment that the same LP reports again in a later document is counted once in its total; both documents stay in the full list. Rows repeated line for line from one document are shown once.- 2025-12-3117 commitments to 14 funds · $6.8B disclosed
- 2025-03-3111 commitments to 6 funds · $1.9B disclosed
- 2025-12-3114 commitments to 12 funds · $1.4B disclosed
Events
- Jul 9, 2026Oxylabs Announces $130 Million Investment from Warburg Pincus
- Jun 26, 2026Warburg Pincus Invests in Network Plus
- Mar 31, 2026Warburg Pincus LLC: Private Equity Funds on Form ADV 179 (2024 extract) -> 213 (roster 2026-09-01)
Warburg Pincus LLC is the same institution as 7 records in Allocators, RIA and Wealth, Venture Capital, Real Estate Funds, Independent Sponsors and Private Credit.
DFX found 7 relationships across 6 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Warburg Pincus LLC sits on 67 traced paths of capital across the graphs.
DFX traced 67 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Fits
- Buyer for a companyscore 22.3confidence 35%Why: observed subsector dealsWhy now: sponsor fund active deployment; sponsor fund early deployment; sponsor fund successor fundraising
Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.
Record history
- Merged in2026-10-01
- Merged in2026-10-01
- Merged in2026-10-01
+355 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.