Warburg Pincus Access Fund, L.P. 8-K

What Happened

• Warburg Pincus Access Fund, L.P. reported in an 8-K (filed Aug 3, 2026) that on July 1, 2026 it sold unregistered limited partnership units for total consideration of $16,003,859. The sales were part of the Fund’s continuous private offering and were made in reliance on Section 4(a)(2) of the Securities Act and Regulation D.
• Units sold to third‑party investors (including through a feeder vehicle, Warburg Pincus Access Fund (TE), L.P.) were issued at the applicable Transactional NAV as of June 30, 2026. The Fund typically invests alongside a companion Warburg Pincus vehicle; together those vehicles (WP ACE) sold interests totaling about $50,684,697 on July 1, 2026.

Key Details

• Sale date: July 1, 2026; 8-K filed Aug 3, 2026.
• Aggregate proceeds to the Fund: $16,003,859.
• Units sold by class: Class B1 — 521,698 units for $13,980,500; Class B3 — 75,369 units for $2,023,359.
• Offering exemption: Securities sold privately under Section 4(a)(2) and Regulation D; units priced at Transactional NAV (as of June 30, 2026).

Why It Matters

• This disclosure shows the Fund is actively raising capital through its private continuous offering, and investors purchased newly issued limited partnership interests at NAV.
• Because the units are unregistered private securities, they are not publicly tradable and subject to private‑fund terms and transfer restrictions; retail investors should note liquidity and suitability implications.
• The parallel $50.7M in interests sold by WP ACE indicates broader fundraising activity across the affiliated vehicles, which may affect overall fund size and deployment capacity.