Lexington Partners and Goldman Sachs, and other investors to acquire Warburg Pincus' Asian Investments for $1.2bn from Warburg Pincus.

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.