Announced
Synopsis
Warburg Pincus-led consortium of investors led a $700m Series A funding round in JD Property, an infrastructure asset management firm. Additional investors include Hillhouse Capital, a global Asia-focused private equity firm. “We have been deeply impressed by JD Property’s high-quality portfolio, unique capabilities and strong management team. This investment demonstrates our conviction in the tremendous growth opportunity in new economy real estate and infrastructure as well as our ongoing commitment to investing in these sectors. Given our global network and deep experience across sectors, we look forward to partnering closely with JD in the future," Ellen Ng, Warburg Pincus Managing Director and Head of China Real Estate.
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