DFX Intelligence
Warburg Pincus China, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestFundraising status unknownADV: Private Equity FundOutside venture scope
A private equity fund outside venture scope, shown because its manager is on the venture graph.
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional principal
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
- 3 LP reportspublic disclosures
3 public LP reports name this vehicle; the latest, Minnesota State Board of Investment as of 30 Jun 2026, shows $45M committed and net IRR 4.6%, 1.30x (the LP's own figures).
A named LP and its own performance figures are the strongest outside read on a fund.
FactPublic pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)For LPs, fund-of-fundsLimited partners →
Drawing the relationship network…
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
What counts as raisingA 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.Unknown
latest Form D 2016-12-09, older than 15 months (fr-1)
evidence dated Dec 9, 2016.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 9first sale: n/avintage year: 2017adv gav as of: Sep 3, 2024vintage basis: ADV first reportedform d sold: $0form d offering: $2.0Bform d latest filed at: Dec 9, 2016
The fund's own reporting through time
24 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2017 | Private Equity Fund | $1.4M | 87 | $15.0M | 1% | yes | |
| May 11, 2017 | Private Equity Fund | $1.4M | 87 | $15.0M | 1% | yes | |
| Mar 29, 2018 | Private Equity Fund | $327M | 87 | $15.0M | 1% | yes | |
| Dec 3, 2018 | Private Equity Fund | $327M | 87 | $15.0M | 1% | yes | |
| Mar 28, 2019 | Private Equity Fund | $2.5B | 87 | $15.0M | 1% | yes | |
| May 10, 2019 | Private Equity Fund | $2.5B | 87 | $15.0M | 1% | yes | |
| Jun 5, 2019 | Private Equity Fund | $2.5B | 87 | $15.0M | 1% | yes | |
| Feb 7, 2020 | Private Equity Fund | $2.5B | 87 | $15.0M | 1% | yes | |
| Feb 24, 2020 | Private Equity Fund | $2.5B | 87 | $15.0M | 1% | yes | |
| Mar 27, 2020 | Private Equity Fund | $874M | 86 | $15.0M | 1% | yes | |
| Jul 4, 2020 | Private Equity Fund | $874M | 86 | $15.0M | 1% | yes | |
| Jan 4, 2021 | Private Equity Fund | $874M | 86 | $15.0M | 1% | yes | |
| Mar 30, 2021 | Private Equity Fund | $1.3B | 85 | $15.0M | 1% | yes | |
| Apr 28, 2021 | Private Equity Fund | $1.3B | 85 | $15.0M | 1% | yes | |
| Jan 3, 2022 | Private Equity Fund | $1.3B | 85 | $15.0M | 1% | yes | |
| Mar 30, 2022 | Private Equity Fund | $1.3B | 86 | $15.0M | 1% | yes | |
| Oct 10, 2022 | Private Equity Fund | $1.3B | 86 | $15.0M | 1% | yes | |
| Mar 30, 2023 | Private Equity Fund | $692M | 86 | $15.0M | 1% | yes | |
| Apr 21, 2023 | Private Equity Fund | $692M | 86 | $15.0M | 1% | yes | |
| May 31, 2023 | Private Equity Fund | $692M | 86 | $15.0M | 1% | yes | |
| Jul 24, 2023 | Private Equity Fund | $692M | 86 | $15.0M | 1% | yes | |
| Nov 6, 2023 | Private Equity Fund | $692M | 86 | $15.0M | 1% | yes | |
| Mar 28, 2024 | Private Equity Fund | $495M | 86 | $15.0M | 1% | yes | |
| Sep 3, 2024 | Private Equity Fund | $495M | 86 | $15.0M | 1% | yes |
Principals and agents
4 principals on Form D, 0 placement agents
- Charles R Kaye Executive Officer
- Joseph P. Landy Executive Officer
- Steven G. Glenn Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorEY · NEW YORK, New York, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · NEWARK, Delaware, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianBank of America · NEW YORK, New York, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach 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).3 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Minnesota State Board of Investment msbi.us | 2016 | $45.0M | $46.9M | $21.5M | $39.6M | 4.6% | 1.3x | Jun 30, 2026 |
| New Jersey Division of Investment nj.gov | 2016 | $87.0M | $90.7M | $41.5M | $76.6M | not meaningful yet | 1.3x | May 31, 2026 |
| Washington State Investment Board sib.wa.gov | 2016 | $190M | $200M | $97.3M | $165M | 5.2% | 1.3x | Dec 31, 2025 |
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.3 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Washington State Investment Board | PUBLIC INSTITUTIONAL POOL | $190M committed | committed Dec 23, 2016 | Fact Pension disclosure |
| New Jersey Division of Investment | PUBLIC INSTITUTIONAL POOL | $87.0M committed | reported as of May 31, 2026 | Fact Pension disclosure |
| Minnesota State Board of Investment | PUBLIC INSTITUTIONAL POOL | $45.0M committed | reported as of Jun 30, 2026 | Fact Pension disclosure |
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
- Jun 30, 2026MSBI reports Warburg Pincus China, L.P.: $45,000,000 committed, vintage 2016, net IRR 4.6%, 1.3xLP commitment disclosed Fact Pension disclosure
- May 31, 2026NJ DOI reports Warburg Pincus China, L.P.: $87,000,000 committed, vintage 2016LP commitment disclosed Fact Pension disclosure
- Dec 31, 2025WSIB reports Warburg Pincus China, L.P.: $190,000,000 committed, vintage 2016, net IRR 5.2%, 1.3xLP commitment disclosed Fact Pension disclosure
- Mar 30, 2017Warburg Pincus China, L.P. first reported on Form ADV by Warburg Pincus LLC (Private Equity Fund), GAV $1,390,000Fund first reported on Form ADV Fact Form ADV
- Dec 9, 2016Warburg Pincus China, L.P. filed Form D: no sales yet of $2,000,000,000, Private Equity FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 9, 2016 Fact Form D
- Form D fund type: Private Equity Fund Dec 9, 2016 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 9, 2016 Fact Form D
- Amendment: false Dec 9, 2016 Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 9, 2016 Fact Form D
- Incorporated: withinFiveYears Dec 9, 2016 Fact Form D
- Jurisdiction: Delaware Dec 9, 2016 Fact Form D
- Amount sold (Form D): $0 Dec 9, 2016 Fact Form D
- Offering amount (Form D): $2.0B Dec 9, 2016 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Dec 9, 2016 Fact Form D
- Investors (Form D): 0 Dec 9, 2016 Fact Form D
- Minimum investment (Form D): 0 Dec 9, 2016 Fact Form D
- Securities offered: Equity, pooled Dec 9, 2016 Fact Form D
- Office address: Dec 9, 2016 Fact Form D
- Year of incorporation: 2016 Dec 9, 2016 Fact Form D
Relationships across DFX
on 4 other DFX graphs · 15 capital paths
Across the graphs
Warburg Pincus China, L.P. is the same institution as 4 records in Private Equity, RIA and Wealth, Allocators and Family Offices.
Private Equity1RIA and Wealth1Allocators1Family Offices1
DFX found 4 relationships across 4 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…
Capital chain
Warburg Pincus China, L.P. sits on 15 traced paths of capital across the graphs.
Allocator to VC fund to manager to company
DFX traced 15 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…
Record history
5 dated events on the change ledger, latest event first
- LP commitment disclosed2026-06-30source on record
- LP commitment disclosed2026-05-31source on record
- LP commitment disclosed2025-12-31source on record
+2 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.