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Warburg Pincus to raise up to $1.5 bn for first India-focused fund: Reports

Launches of India-focused pvt equity funds are rare, and big global buyout firms like KKR & Co Inc, Bain Capital and Blackstone Group Inc typically invest in a country mainly from their regional funds

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Reuters Hong Kong
Private equity firm Warburg Pincus LLC is looking to raise up to $1.5 billion for its first fund targeting deals in India, two people familiar with the matter told Reuters, betting on a surge in investment opportunities in Asia's third-largest economy.

Warburg plans to finish fundraising on its India-focussed fund, which will target industrial sectors such as financial, manufacturing and consumer, by the first half of next year, said one of the people.

Launches of India-focused private equity funds are rare, and big global buyout firms such as KKR & Co Inc, Bain Capital and Blackstone Group Inc typically invest in a

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First Published: Nov 28 2019 | 1:43 PM IST

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