Funds managed by Warburg Pincus participated in the $400 million equity raise completed alongside the Banc of California–PacWest merger in November 2023.
The disclosed investors were affiliates of funds managed by Warburg Pincus, not the firm acting as the insured bank. The $400 million was the combined capital raise involving both investor groups, not an amount attributed solely to Warburg Pincus.
Banc of California’s present bank emerged from the combination of Pacific Western Bank and legacy Banc of California after the 2023 deposit shock. The business now combines relationship banking with a continuing effort to reshape funding, securities and property-credit exposure.
Policy & official records
Curated library records that name Warburg Pincus or connect through its linked research. The official source provides full scope and status.
No policy-library records are currently linked to this entity.