Warburg Pincus

Warburg Pincus China, L.P.

Warburg PincusVINTAGE 2016

NET IRR

4.8%

TVPI

1.30x

DPI

0.46x

COMMITMENT

$45M

LP SOURCES

36

VALUATION SPREAD1.23x – 1.30x TVPI across 4 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
Minnesota SBI2025-12-31$45M$46.9M4.8%1.30x0.46xSOURCE ↗
WSIB2025-09-30$190M$199.6M5.4%1.30x0.49xSOURCE ↗
CPPIB2025-09-30$100M$129MSOURCE ↗
Florida SBA2025-06-30$68M$70.9M4.3%1.24x0.44xSOURCE ↗
NJ DOI2025-04-30$87M$90.7M1.23x0.44xSOURCE ↗
Florida SBA2025-03-31$68M$70.9M4.0%1.22x0.44xSOURCE ↗
Florida SBA2024-12-31$68M$70.9M4.4%1.23x0.42xSOURCE ↗
Florida SBA2024-09-30$68M$70.9M5.3%1.28x0.42xSOURCE ↗
Florida SBA2024-06-30$68M$70.9M5.3%1.27x0.41xSOURCE ↗
Florida SBA2024-03-31$68M$70.9M5.6%1.27x0.41xSOURCE ↗
Florida SBA2023-12-31$68M$70.9M6.2%1.29x0.41xSOURCE ↗
Florida SBA2023-09-30$68M$70.9M7.4%1.34x0.41xSOURCE ↗
Florida SBA2022-09-30$68M$68.9M13.1%1.56x0.39xSOURCE ↗
Florida SBA2022-06-30$68M$68.9M14.5%1.60x0.37xSOURCE ↗
Florida SBA2022-03-31$68M$68.9M16.2%1.64x0.37xSOURCE ↗
Florida SBA2021-12-31$68M$68.9M18.5%1.70x0.31xSOURCE ↗
Florida SBA2021-09-30$68M$67.2M18.7%1.67x0.31xSOURCE ↗
Florida SBA2021-06-30$68M$67.2M21.0%1.71x0.27xSOURCE ↗
Florida SBA2021-03-31$68M$67.2M24.8%1.78x0.27xSOURCE ↗
Florida SBA2020-12-31$68M$67.2M22.1%1.61x0.21xSOURCE ↗
Florida SBA2020-09-30$68M$67.2M21.2%1.51x0.21xSOURCE ↗
Florida SBA2020-06-30$68M$64.4M17.9%1.39x0.18xSOURCE ↗
Florida SBA2020-03-31$68M$64.4M16.4%1.31x0.14xSOURCE ↗
Florida SBA2019-12-31$68M$64.4M17.8%1.29x0.14xSOURCE ↗
Florida SBA2019-09-30$68M$64.4M17.4%1.24x0.14xSOURCE ↗
Florida SBA2019-06-30$68M$57.6M14.9%1.18x0.10xSOURCE ↗
Florida SBA2019-03-31$68M$50.8M17.0%1.19x0.12xSOURCE ↗
Florida SBA2018-12-31$68M$49.4M22.2%1.20x0.06xSOURCE ↗
Florida SBA2018-09-30$68M$42.6M28.3%1.22x0.07xSOURCE ↗
Florida SBA2018-06-30$68M$42.6M25.5%1.14x0.07xSOURCE ↗
Florida SBA2018-03-31$68M$27.6M19.8%1.12x0.11xSOURCE ↗
Florida SBA2017-12-31$68M$24.2M13.7%1.06x0.12xSOURCE ↗
Florida SBA2017-09-30$68M$19.7M0.99x0.15xSOURCE ↗
Florida SBA2017-06-30$68M$12.2M0.94x0.24xSOURCE ↗
Florida SBA2017-03-31$68M$9.2M0.95x0.32xSOURCE ↗
Florida SBA2016-12-31$68M$5.8M0.97x0.00xSOURCE ↗