Warburg Pincus Financial Sector II, L.P.
A private equity fund outside venture scope, shown because its manager is on the venture graph.
2 additional principals, 5 additional placement agents, 1 additional LP report or investment, 1 event
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
- 4 LP reportspublic disclosures
4 public LP reports name this vehicle; the latest, Colorado Public Employees' Retirement Association as of 31 Dec 2025, shows $50M committed and net IRR 20.9% (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 →
Amounts, each with its basis
- Vintage
- 2022basis: 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
- $2.5Bwhat may be sold, not what was raised; file 021-402664, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Jun 11, 2021
- First sale
- unknown
- Reported GAV
- $2.3Bon the Form ADV filed Sep 3, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 107
- Reported on ADV
- Mar 30, 2022 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.Lifecycle
Active deployment
Lifecycle
The fund's own reporting through time
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2022 | Private Equity Fund | $2.2B | 61 | $15.0M | 1% | yes | |
| Oct 10, 2022 | Private Equity Fund | $2.2B | 61 | $15.0M | 1% | yes | |
| Mar 30, 2023 | Private Equity Fund | $2.1B | 107 | $15.0M | 1% | yes | |
| Apr 21, 2023 | Private Equity Fund | $2.1B | 107 | $15.0M | 1% | yes | |
| May 31, 2023 | Private Equity Fund | $2.1B | 107 | $15.0M | 1% | yes | |
| Jul 24, 2023 | Private Equity Fund | $2.1B | 107 | $15.0M | 1% | yes | |
| Nov 6, 2023 | Private Equity Fund | $2.1B | 107 | $15.0M | 1% | yes | |
| Mar 28, 2024 | Private Equity Fund | $2.3B | 107 | $15.0M | 1% | yes | |
| Sep 3, 2024 | Private Equity Fund | $2.3B | 107 | $15.0M | 1% | yes |
Principals and agents
- Robert B. Knauss Executive Officer
- Steven G. Glenn Executive Officer
- Charles R Kaye Executive Officer
- Standard Chartered Bank (Singapore) Limited placement agent
- Harmony Advisors Limited placement agent
Show all 6principals, then placement agents
- Robert B. Knauss Executive Officer
- Steven G. Glenn Executive Officer
- Charles R Kaye Executive Officer
- Standard Chartered Bank (Singapore) Limited placement agent
- Harmony Advisors Limited placement agent
- PineGrove Capital Ltd. placement agent
Service providers
- 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).| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Washington State Investment Board sib.wa.gov | 2021 | $200M | $184M | $80.6M | $217M | 21.7% | 1.6x | Dec 31, 2025 |
| Colorado Public Employees' Retirement Association content.copera.org | 2021 | $50.0M | $41.8M | $14.9M | Not disclosed | 20.9% | unknown | Dec 31, 2025 |
| New York State Common Retirement Fund osc.ny.gov | 2021 | $150M | $115M | $36.7M | $143M | not meaningful yet | 1.6x | Mar 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.| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Washington State Investment Board | PUBLIC INSTITUTIONAL POOL | $200M committed | committed Jul 21, 2021 | Fact Pension disclosure |
| New York State Common Retirement Fund | PUBLIC INSTITUTIONAL POOL | $150M committed | reported as of Mar 31, 2025 | Fact Pension disclosure |
| Colorado Public Employees' Retirement Association | STATE RETIREMENT SYSTEM | $50.0M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
Investments attributed to this vehicle
Timeline
- Dec 31, 2025Colorado PERA reports Warburg Pincus Financial Sector II, L.P.: $50,000,000 committed, vintage 2021LP commitment disclosed Fact Pension disclosure
- Dec 31, 2025WSIB reports Warburg Pincus Financial Sector II, L.P.: $200,000,000 committed, vintage 2021, net IRR 21.7%, 1.6xLP commitment disclosed Fact Pension disclosure
- Mar 31, 2025NYSCRF reports Warburg Pincus Financial Sector Fund II, LP: $150,000,000 committed, vintage 2021LP commitment disclosed Fact Pension disclosure
- Mar 30, 2022Warburg Pincus Financial Sector II, L.P. first reported on Form ADV by Warburg Pincus LLC (Private Equity Fund), GAV $2,231,294,000Fund first reported on Form ADV Fact Form ADV
- Aug 13, 2021NYSCRF commits $150,000,000 to Warburg Pincus Financial Sector II, L.P. (Warburg Pincus), closed 2021-08-13, existing relationshipLP commitment closed Fact Pension disclosure
Evidence
Every observation on this vehicle
- Entity type: Limited Partnership Jun 11, 2021 Fact Form D
- Form D fund type: Private Equity Fund Jun 11, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 11, 2021 Fact Form D
- Amendment: false Jun 11, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 11, 2021 Fact Form D
- Incorporated: withinFiveYears Jun 11, 2021 Fact Form D
- Jurisdiction: Delaware Jun 11, 2021 Fact Form D
- Amount sold (Form D): $0 Jun 11, 2021 Fact Form D
- Offering amount (Form D): $2.5B Jun 11, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jun 11, 2021 Fact Form D
- Investors (Form D): 0 Jun 11, 2021 Fact Form D
- Minimum investment (Form D): 0 Jun 11, 2021 Fact Form D
- Securities offered: Equity, pooled Jun 11, 2021 Fact Form D
- Office address: Jun 11, 2021 Fact Form D
- Year of incorporation: 2021 Jun 11, 2021 Fact Form D
Relationships across DFX
on 3 other DFX graphs · 15 capital paths
Warburg Pincus Financial Sector II, L.P. is the same institution as 3 records in Private Equity, Allocators and RIA and Wealth.
DFX found 3 relationships across 3 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 Financial Sector II, L.P. sits on 15 traced paths of capital across the graphs.
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
- LP commitment disclosed2025-12-31source on record
- LP commitment disclosed2025-12-31source on record
- LP commitment disclosed2025-03-31source on record
+3 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.