Warburg Pincus Access Master Sub-Fund (WP ACE)

Warburg Pincus Access Master Sub-Fund (WP ACE) is an open-ended private equity vehicle managed by Warburg Pincus, domiciled in Luxembourg as a SICAV and authorised under the UCI Part II regime. It is structured as a Non-ELTIF vehicle, with N/A recorded for ELTIF versioning, and has been available since 2025. The portfolio follows a multi-strategy approach across private equity exposures, denominated in USD, with current portfolio composition shown under . Assets stand at as of 31 Aug 2026.

Dealing mechanics are those of an evergreen semi-liquid structure rather than a drawdown fund: subscriptions are accepted monthly, net asset value is struck monthly, and redemptions are processed quarterly subject to a notice period of 10 days and a soft lock-up that applies in the period following each subscription. The entry threshold is 25,000 USD, and the vehicle is distributed on a pan-European basis to both professional and eligible retail investors. Fees comprise a management fee of and a performance fee of , both benchmarked on this page against comparable vehicles.

For context, the fund is one of 163 private equity vehicles and one of 347 Luxembourg-domiciled vehicles in a database of 494 funds, and one of 117 that combine both characteristics. It is classified Article 6 under SFDR, meaning no sustainability-related objective or promotion is claimed, and carries a summary risk indicator of 4, positioning it in the middle of the published scale.