Warburg Pincus

China Focus

Fidelity, BlackRock cut fintech giant Ant’s valuation further

Ant declined to comment in an emailed statement.
Warburg Pincus closes $2.8 bil inaugural Asia real estate fund - THE EDGE SINGAPORE

Funds

Warburg Pincus closes US$2.8 bil inaugural Asia real estate fund

The fund will be used to buy and develop real estate assets in Asia with a focus on New Economy real estate.
Singtel's regional associate Mynt secures US$300 mil in funding, valuing it at over US$2 bil - THE EDGE SINGAPORE

Company in the news

Singtel's regional associate Mynt secures US$300 mil in funding, valuing it at over US$2 bil

The investment round was led by Warburg Pincus, New York-based Insight Partners, and Bow Wave Capital.
Sale of Fullerton Healthcare may be derailed by co-founders - THE EDGE SINGAPORE

Company in the news

Sale of Fullerton Healthcare may be derailed by co-founders

Fullerton Healthcare's sale to a third party may be de-railed by its former CEO and deputy CEO who co-founded the company

REITs

AVIC Trust to exit ARA Asset Management, other shareholders raise stakes

SINGAPORE (May 26): On May 26, ARA Asset Management announced that AVIC Trust will be exiting as a shareholder of ARA Asset Management. At the same time, John Lim, CK Asset Holdings and Straits Trading, raised their shareholding to 51.3%, and Warburg Pin

Startups, Entrepreneurs, Digital economy

Trax gets US$100 mil funding, becomes Singapore's second unicorn

SINGAPORE (July 23): Warburg Pincus-backed image recognition technology firm Trax, a start-up that counts Heineken and Nestle among its clients, said it has raised US$100 million ($136 million) in its latest funding round, becoming Singapore's second

IPO

Warburg-backed ESR files for HK IPO said could be worth up to $2 bil

(Mar 6): ESR, the logistics real estate platform backed by Warburg Pincus, is expected to carry out an IPO in Hong Kong within the next two quarters, according to Mingtiandi.

Startups, Entrepreneurs, Digital economy

Go-Jek backers said to offer US$1 bil funding to fuel growth

(June 7): Go-Jek, the Indonesian ride-hailing provider, has been offered at least US$1 billion ($1.3 billion) of new funding from existing investors eager to accelerate its overseas expansion, people with knowledge of the matter said.

Warburg Pincus-backed REIT to buy rival in Singapore's first REIT merger

SINGAPORE (May 18): ESR-REIT will buy rival Viva Industrial Trust in a proposed deal valued at $936.7 million, marking the first consolidation among Singapore's crowded mid-cap real estate investment trusts.

Property

ESR-REIT sponsor partners Invesco to manage RMB2 bil China portfolio

SINGAPORE (Sept 8): ESR, the sponsor of ESR-REIT which was formerly known as Cambridge Industrial Trust, has formed a joint venture (JV) partnership with Invesco Real Estate (IRE) to acquire and manage a portfolio of Grade A stabilised logistics assets in
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