Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Funds / Warburg Pincus China, L.P.

Warburg Pincus China, L.P.

HarvestUnknownFundADV: Private Equity FundWarburg Pincus LLCDelaware
Amounts, each with its basis
Vintage
2017basis: adv first reported
Target
unknownnot announced
First close
unknownnever inferred from a Form D
Final close
unknownonly from an announcement or an LP disclosure
Announced size
unknown
Form D offering
$2.0Bwhat may be sold, not what was raised; file 021-275988, sworn by the adviser or filed under this vehicle
Form D sold
$0as of the filing of Dec 9, 2016
First sale
unknown
Reported GAV
$495Mon the Form ADV filed Sep 3, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
86
Reported on ADV
Mar 30, 2017 to Sep 3, 2024
Fundraising evidence
Unknown
latest Form D 2016-12-09, older than 15 months (fr-1)
evidence dated Dec 9, 2016. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Harvest
vintage over 7 years, still reported
age years: 9first sale: n/avintage year: $2,017adv gav as of: 2024-09-03vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $2.0Bform d latest filed at: 2016-12-09
The fund's own reporting through time
24 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2017Private Equity Fund$1.4M
87$15.0M1%yes
May 11, 2017Private Equity Fund$1.4M
87$15.0M1%yes
Mar 29, 2018Private Equity Fund$327M
87$15.0M1%yes
Dec 3, 2018Private Equity Fund$327M
87$15.0M1%yes
Mar 28, 2019Private Equity Fund$2.5B
87$15.0M1%yes
May 10, 2019Private Equity Fund$2.5B
87$15.0M1%yes
Jun 5, 2019Private Equity Fund$2.5B
87$15.0M1%yes
Feb 7, 2020Private Equity Fund$2.5B
87$15.0M1%yes
Feb 24, 2020Private Equity Fund$2.5B
87$15.0M1%yes
Mar 27, 2020Private Equity Fund$874M
86$15.0M1%yes
Jul 4, 2020Private Equity Fund$874M
86$15.0M1%yes
Jan 4, 2021Private Equity Fund$874M
86$15.0M1%yes
Mar 30, 2021Private Equity Fund$1.3B
85$15.0M1%yes
Apr 28, 2021Private Equity Fund$1.3B
85$15.0M1%yes
Jan 3, 2022Private Equity Fund$1.3B
85$15.0M1%yes
Mar 30, 2022Private Equity Fund$1.3B
86$15.0M1%yes
Oct 10, 2022Private Equity Fund$1.3B
86$15.0M1%yes
Mar 30, 2023Private Equity Fund$692M
86$15.0M1%yes
Apr 21, 2023Private Equity Fund$692M
86$15.0M1%yes
May 31, 2023Private Equity Fund$692M
86$15.0M1%yes
Jul 24, 2023Private Equity Fund$692M
86$15.0M1%yes
Nov 6, 2023Private Equity Fund$692M
86$15.0M1%yes
Mar 28, 2024Private Equity Fund$495M
86$15.0M1%yes
Sep 3, 2024Private Equity Fund$495M
86$15.0M1%yes
Principals and agents
4 principals on Form D, 0 placement agents
Limited partners and their reported performance
3 public LP reports
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
Minnesota State Board of Investment msbi.us2016$45.0M$46.9M$21.5M$39.6M4.6%1.3xJun 30, 2026
New Jersey Division of Investment nj.gov2016$87.0M$90.7M$41.5M$76.6Mnot meaningful yet1.3xMay 31, 2026
Washington State Investment Board sib.wa.gov2016$190M$200M$97.3M$165M5.2%1.3xDec 31, 2025

Each row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).

Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
5 events
  1. Jun 30, 2026
    MSBI reports Warburg Pincus China, L.P.: $45,000,000 committed, vintage 2016, net IRR 4.6%, 1.3x
  2. May 31, 2026
    NJ DOI reports Warburg Pincus China, L.P.: $87,000,000 committed, vintage 2016
  3. Dec 31, 2025
    WSIB reports Warburg Pincus China, L.P.: $190,000,000 committed, vintage 2016, net IRR 5.2%, 1.3x
  4. Mar 30, 2017
    Warburg Pincus China, L.P. first reported on Form ADV by Warburg Pincus LLC (Private Equity Fund), GAV $1,390,000
  5. Dec 9, 2016
    Warburg Pincus China, L.P. filed Form D: no sales yet of $2,000,000,000, Private Equity Fund
Evidence
15 observations
Every observation on this vehicle