Warburg Pincus is planning to raise $12 billion for its next global fund, Market Watch reports. The U.S. private equity firm is expected to launch the fund after Sept.5, 2011.
The New York-based firm is targeting a first close of the vehicle in March next year. Warburg Pincus’ previous fund, Warburg Pincus Private Equity X, had raised $15 billion.
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