Announced
Financials
Sources
Tags
Private Equity
United States
private equity
Private Equity
Single Bidder
Pending
Acquisition
Private
Natural
Majority
Synopsis
Lexington Partners and Goldman Sachs, private equity companies and other investors have agreed to acquire Warburg Pincus' Asian Investments for $1.2bn from Warburg Pincus, a private equity company. The Warburg Pincus move demonstrates reshaping the portfolios and returns cash to investors. The transaction reflects the growing use of the secondary market by blue-chip private-equity firms to accelerate the flow of money back to investors as pensions and endowments increasingly seek funds that deliver strong cash streams in a low-interest rate environment.
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