Warburg Pincus Access Fund, L.P. Reports Unregistered Unit Sales of $11.99M

What Happened

• Warburg Pincus Access Fund, L.P. filed an 8-K (filed Oct 1, 2026) reporting that on September 1, 2026 the Fund sold unregistered limited partnership units for aggregate consideration of $11,986,895 as part of its continuous private offering. The sales were made to third‑party investors and to the Fund’s independent directors, and were exempt from registration under Section 4(a)(2) of the Securities Act (including Regulation D).

Key Details

• Total proceeds: $11,986,895 raised on Sept 1, 2026.
• Units sold by class: Class B1 — 269,906 units for $7,375,000; Class B3 — 161,572 units for $4,412,168; Class E — 6,201 units for $199,727 (amounts rounded).
• Pricing & purchasers: Units were sold at the applicable Transactional NAV as of August 31, 2026, including sales to third parties via Warburg Pincus Access Fund (TE), L.P., a feeder vehicle.
• Related activity: The Fund generally invests alongside a similarly managed vehicle (together “WP ACE”); on September 1, 2026 WP ACE sold interests aggregating approximately $19,476,940.

Why It Matters

• This filing discloses recent fundraising activity through a private, exempt offering rather than a public registered sale, which increases the Fund’s capital base and documents where and how units were issued and priced.
• Retail investors should note these are private unit sales (not registered securities) and were priced at the Fund’s Transactional NAV as of Aug 31, 2026; review the Fund’s investor notices or offering documents for any impact on ownership percentages, fees, or future liquidity.