Warburg Pincus News

NEW YORK A group of investors led by Warburg Pincus LLC will pump as much as $1.125 billion into a deep-water oil-and-gas exploration start-up, continuing private equity's dive into the Gulf of Mexico.The funding, announced Tuesday, will seed Venari Resources LLC--a company based in Dallas and Houston and run by Brian Reinsborough, who previously ... (more)

Warburg Pincus LLC, the private- equity firm with more than $35 billion in assets under management, said it will invest as much as $1.13 billion with three other partners in Venari Resources LLC, a deep-water oil exploration company.

Machinima , a Los Angeles-based video entertainment network for gamers, has raised $35 million in new VC funding.A Google Inc.

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U.S. private equity firm Warburg Pincus along with existing investors have pumped $32 million in fresh funds into Indian online classifieds firm Quickr, the e-commerce company said on Tuesday.

FORMULA ONE'S commercial rights holders CVC need to reach an agreement with Mercedes before any flotation of the sport can be successful, Mercedes GP chief executive Nick Fry said.

Kosmos Energy announced that Joseph P. Landy has been elected to its Board of Directors following the Company's 2012 Annual General Meeting held today.

Private equity investor Warburg Pincus LLC is in advanced talks to buy a majority stake in Indian financial services company Future Capital Holdings Ltd from its founders, the Economic Times reported on Friday.

Warburg Pincus LLC has raised more than $5 billion in just over seven months for its 11th global private equity fund, a major step on the way toward its $12 billion target, people familiar with the matter said on Thursday.

Warburg Pincus LLC, the owner of Neiman Marcus and Interactive Data Corp., has raised more than $5 billion for its new fund, said a person briefed on the matter who asked not to be named because the information is private.

Warburg Pincus LLC has reached its first fund-raising close for its 11th private equity fund, raising more than $5 billion in just over seven months, people familiar with the matter said on Thursday, a major step toward it reaching its $12 billion target.

Constitution Medical Investors Inc., a Boston-based biotech and medical device company, raised all of a $12.35 million equity offering, according to a filing with the U.S. Securities Exchange Commission .

Chicago buyout shop GTCR LLC has emerged as the winner of an auction to acquire CAMP Systems Inc., a seller of maintenance-tracking services to private aircraft owners, from fellow private-equity firm Warburg Pincus LLC, according to people familiar with the matter.