Warburg Pincus Access Fund, L.P. 8-K
Research Summary
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Warburg Pincus Access Fund Reports Unregistered Unit Sales of $37.3M
What Happened
Warburg Pincus Access Fund, L.P. filed an 8-K disclosing that on April 1, 2026 it sold unregistered limited partnership units (the “Units”) for aggregate consideration of $37,263,800. The sales were part of the Fund’s continuous private offering and were exempt from registration under Section 4(a)(2) and Regulation D. The Units were sold to third‑party investors, including through Warburg Pincus Access Fund (TE), L.P., at the applicable Transactional NAV as of March 31, 2026. The filing also notes that WP ACE (the Fund and a substantially similar affiliated vehicle) sold interests for approximately $45,292,125 in aggregate on the same date.
Key Details
- Date: April 1, 2026 (transaction), Transactional NAV referenced as of March 31, 2026
- Total proceeds (Fund): $37,263,800
- Unit breakdown: Class B1 — 1,426,865 units for $36,515,000; Class B3 — 29,245 units for $748,800
- Offering type: Continuous private offering; sales exempt from registration under Section 4(a)(2)/Reg D
- Related sales: WP ACE vehicles sold ~ $45,292,125 in interests combined
Why It Matters
This filing reports fundraising activity for the private Fund, showing recent capital inflows and the issuance of additional limited partnership units at the Fund’s Transactional NAV. For current and prospective limited partners, the disclosure provides concrete figures on the size and class mix of units issued and confirms the private-placement nature of the transactions. Because these are private, exempt sales (not a public offering), they affect the Fund’s capital and investor composition but do not involve publicly traded securities or a market ticker.