Warburg Pincus doubles target for debut Asia real estate fund to $3b: Report

Warburg Pincus doubles target for debut Asia real estate fund to $3b: Report

Shanghai, China. Photo from Pixabay.

Private equity firm Warburg Pincus is set to close its debut Asia real estate fund at its hard cap of $3 billion, double its initial target of $1.5 billion, industry publication PERE reported on Friday.