# Warburg Pincus LLC

> Warburg Pincus LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 156945
- Filed as: WARBURG PINCUS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/156945
- AdvisorCensus page: https://advisorcensus.com/firm/warburg-pincus-llc-new-york-ny-156945

## Quick answers

**How is Warburg Pincus LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Warburg Pincus LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Warburg Pincus LLC charge?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 1% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Warburg Pincus LLC located?**
Warburg Pincus LLC's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Warburg Pincus LLC registered with the SEC or a state?**
Warburg Pincus LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 156945.

**How much does Warburg Pincus LLC manage?**
Warburg Pincus LLC reports $108,658,034,720 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Warburg Pincus LLC's assets and staff changed since 2021?**
In the Form ADV data for Warburg Pincus LLC: Regulatory assets under management: $62,538,151,000 in the October 2021 data and $108,658,034,720 in the October 2026 data, up 74%. Total employees: 673 in October 2021 and 829 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Warburg Pincus LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (75); insurance companies (1).

**Does Warburg Pincus LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/156945

**What changed in Warburg Pincus LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 285 to 292. Regulatory assets under management went from $97,236,959,458 to $108,658,034,720 (+12%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Asset-based fee: 1% to 1.5% a year (a range, as the brochure states it)

> Management fee percentages for the Private Equity Funds, the Capital Solutions Funds, the Real Estate Funds, and the Secondaries Funds generally range from 1.0 % to 1.5% per annum.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $108,658,034,720
- Discretionary: $108,658,034,720
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 75 | $107,008,504,720 |
| Insurance companies | 1 | $1,649,530,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2012 (14 years)
- Employees: 829 total, 292 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- glassdoor.com/Overview/Working-at-Warburg-Pincus-EI_IE13478.11,25.htm
- warburgpincus.com
- warburgpincus.com.cn
- Facebook @WarburgPincusLLC
- Instagram @explore
- LinkedIn @WARBURG-PINCUS
- X @WARBURGPINCUS
- YouTube @WarburgPincusLLC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $62,538,151,000 | 673 | April 28, 2021 |
| October 2022 | $82,661,852,000 | 754 | March 30, 2022 |
| October 2023 | $89,976,162,000 | 774 | July 24, 2023 |
| October 2024 | $90,684,747,000 | 775 | September 3, 2024 |
| October 2025 | $97,236,959,458 | 800 | July 29, 2025 |
| October 2026 | $108,658,034,720 | 829 | March 31, 2026 |

Regulatory assets under management: $62,538,151,000 in the October 2021 data and $108,658,034,720 in the October 2026 data, up 74%.
Total employees: 673 in October 2021 and 829 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 285 to 292.
- Regulatory assets under management went from $97,236,959,458 to $108,658,034,720 (+12%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Warburg Pincus LLC (CRD 156945): Form ADV filing data as of October 2026.