Why Warburg Pincus prefers PIPEs
Knowledge@Wharton has an interesting article explaining why Warburg Pincus is bullish on India. After the usual tale and numbers about the firm's investment and hugely profitable partial exit from Bharti Televentures, the article goes on to talk about how and why Warburg prefers to stick to investing in already listed companies - aka PIPE (Private Investment in Public Enterprises) deals.
via Arun Natarajan
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