April 10 (Reuters) - U.S. private equity firm Warburg Pincus has launched an investment platform focused on Europe's defence and security sector, with MEAG, the asset manager of reinsurer Munich Re,
Warburg Pincus Partners with Munich Re for Major Defence Investment in Europe
Warburg Pincus Launches European Defence Investment Platform
April 10 (Reuters) - U.S. private equity firm Warburg Pincus has launched an investment platform focused on Europe's defence and security sector, with MEAG, the asset manager of reinsurer Munich Re, joining as an early investor.
Strategic Rationale and Market Drivers
The initiative reflects what the firms described as sustained policy support and structural drivers of defence spending in Europe, as governments move to strengthen military capabilities, resilience and strategic sovereignty.
Investment Focus and Platform Details
- The platform will target private equity investments in European defence, security and related strategic industries, Warburg Pincus said, as it draws on its experience in aerospace and defence and advice from senior military and industry advisers
Fund Size and Financial Details
- According to a Bloomberg report, the defence fund is expected to be worth up to 1.5 billion euros ($1.76 billion)
- Warburg Pincus declined to comment on the amount
Advisory Group and Industry Expertise
- The investor has assembled a senior advisory group of former NATO and German military leaders and defence executives, including ex‑RENK chief Susanne Wiegand and former TKMS head Rolf Wirtz, it said
Additional Information
($1 = 0.8544 euros)
(Reporting by Maria Rugamer and Alexander Huebner, Editing by Linda Pasquini)
