Warburg Pincus nearing close of $4.3 bln China-Southeast Asia fund - sources [Reuters]
NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO)
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Source: Reuters
Warburg Pincus nearing close of $4.3 bln China-Southeast Asia fund - sources - Reuters 3 Min Read HONG KONG, June 6 (Reuters) - Warburg Pincus LLC is nearing the final close of an at least $4.25 billion private equity fund focusing on Chinese and Southeast Asian investments, people with direct knowledge of the matter told Reuters. The firm launched the fundraising earlier this year, according to the people, and it disclosed the planned fund size in a filing to the United States Securities and Exchange Commission on May 24. The final amount available for investment could exceed $4.3 billion with additional capital from Warburg Pincus itself, the people said, declining to be named as they were not authorised to speak to the media. Warburg Pincus is expected to formally announce the closing of the fundraising as early as this month, the people said. The firm declined to comment on Thursday. The fund, called Warburg Pincus China-Southeast Asia II, will invest alongside the firm’s global f
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- Nio Inc - (NYSE: NIO) had its "neutral" rating re-affirmed by analysts at Macquarie. They now have a $5.00 price target on the stock.MarketBeat
NIO
Earnings
- 3/5/24 - Beat
NIO
Sec Filings
- 4/9/24 - Form 6-K
- 4/9/24 - Form 20-F
- 4/4/24 - Form SC
- NIO's page on the SEC website