Private company

Warburg Pincus Access Fund, L.P.

American investment advice company based in New York1

In its 2026 annual report the company says: “We are a private fund exempt from registration under Section 3(c)(7) of the 1940 Act. Our investment objective is to provide attractive risk-adjusted returns with lower volatility relative to public markets and achieve medium-to-long term capital appreciation primarily through investments in global private markets.”3

Last updated Oct 20, 2026.

Overview

  • IndustryInvestment Advice1
  • HeadquartersNew York, New York1
  • Incorporated inDE2
  • Business address450 Lexington Avenue, C/O Warburg Pincus Llc, New York, Ny 100172
  • Filer category, Emerging growth company2
  • Legal formLimited Partnership
  • Kind of organizationPrivate equity fund1

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Fund, a newly formed limited partnership, was formed on July 18, 2025 under the laws of the State of Delaware. We are a private fund exempt from registration under Section 3(c)(7) of the 1940 Act.3 From its latest annual report

What it owns

What Warburg Pincus Access Fund, L.P. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Properties, in its own words

The Fund’s principal place of business is located at 450 Lexington Avenue, New York, New York, 10017, and is provided by the Sponsor. We believe that our office facilities are suitable and adequate for our business as it is contemplated to be conducted.

Item 2 of the 10-K filed Jan 29, 2026.3

Leadership

Who has led Warburg Pincus Access Fund, L.P., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Christopher H. Turner2025–now

Chief financial officer

  1. Megan Mary Kilcourse2025–now

Chief operating officer

  1. David Jeffrey Sreter2025–now
Board members and other officers (10)

Timeline

  1. Oct 1, 20268-K Unregistered sale of shares; Regulation FD disclosure17
  2. Aug 31, 20268-K Unregistered sale of shares; Regulation FD disclosure18
  3. Aug 3, 20268-K Unregistered sale of shares; Regulation FD disclosure19
  4. Jul 6, 20268-K Unregistered sale of shares; Regulation FD disclosure20
  5. Jun 4, 20268-K Unregistered sale of shares; Regulation FD disclosure21
  6. May 5, 20268-K Unregistered sale of shares; Regulation FD disclosure22
  7. Apr 2, 20268-K Unregistered sale of shares; Regulation FD disclosure23
  8. Feb 6, 20268-K Entered a material agreement; Unregistered sale of shares; Bylaws or fiscal year changed24
  9. Oct 28, 2025New chief executive Christopher H. Turner becomes CEO4

Filings

39 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 8 major events, 21 insider forms, 1 private raises, 5 other. The latest 20:

  1. Oct 1, 20268-K EDGAR
  2. Sep 30, 20264 EDGAR
  3. Sep 30, 20264 EDGAR
  4. Sep 30, 20264 EDGAR
  5. Sep 30, 20264 EDGAR
  6. Aug 31, 20268-K EDGAR
  7. Aug 13, 202610-Q EDGAR
  8. Aug 3, 20268-K EDGAR
  9. Jul 6, 20268-K EDGAR
  10. Jun 4, 20268-K EDGAR
  11. May 19, 202610-Q/A EDGAR
  12. May 15, 202610-Q EDGAR
  13. May 5, 20268-K EDGAR
  14. Apr 2, 20268-K EDGAR
  15. Feb 6, 20268-K EDGAR
  16. Feb 4, 20264 EDGAR
  17. Feb 4, 20264 EDGAR
  18. Feb 4, 20264 EDGAR
  19. Feb 4, 20264 EDGAR
  20. Feb 4, 20263 EDGAR

The 39 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Jan 30, 2026Filed a private offering of equity Form D: named in the filing: David Sreter, Steven Gartner, Harsha Marti, Christopher Turner, Christine Fuchs, Megan Kilcourse Form D

SEC filer profile

How Warburg Pincus Access Fund, L.P. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARWarburg Pincus Access Fund, L.P.1
  • CIK0002082826
  • Employer ID (EIN)39-35122341
  • Filer status<br>emerging growth company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6282 Investment Advice1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address450 Lexington Avenue, C/O Warburg Pincus Llc, New York, NY 100171
  • Phone212-878-06001
  • On EDGAR sinceAug 29, 20251
  • Filings39 in all: 3 (13), 4 (8), 8-K (8), 10-Q (2), UPLOAD (2), 10-12G (1), 10-12G/A (1), 10-K (1)1
    All 11 form types

    10-Q/A (1), CORRESP (1), D (1)

  • Latest filingsAnnual report (10-K) Jan 29, 2026
    Quarterly report (10-Q) Aug 13, 2026
    Latest 8-K (8-K) Oct 1, 2026

Risk factors and legal proceedings

The risks Warburg Pincus Access Fund, L.P. names in Item 1A of its 10-K filed Jan 29, 2026: 77 risks under these headings, as written.3

  • Risks Related to our Business and Structure
  • The Fund has certain reporting obligations not applicable to private companies. The Fund will need to make significant capital expenditures to be in compliance with certain regulations not applicable to private companies. Failure to comply with such regulations may have an adverse effect on the Fund.
  • Complex regulations may limit our ability to raise capital, increase the costs of our capital raising activities and may subject us to penalties.
  • Operational risks, including those relating to third parties who provide services to us, may disrupt our businesses, result in losses or limit our growth.
  • We will be dependent on information systems and systems failures could significantly disrupt our business, which may, in turn, negatively affect our liquidity, financial condition or results of operations.
  • Cybersecurity risks and cyber incidents may adversely affect our business or the business of our portfolio companies by causing a disruption to our operations or the operations of our portfolio companies, a compromise or corruption of our confidential information or the confidential information of our portfolio companies and/or damage to our business relationships or the business relationships of our portfolio companies, all of which could negatively impact the business, financial condition and operating results of us or our portfolio companies.
  • Misconduct of employees of the Manager or by third-party service providers could cause significant losses to us.
  • Changes in laws or regulations governing our operations may adversely affect our business or cause us to alter our business strategy.
  • WP ACE has no minimum size, and the size of WP ACE may not be large enough to capitalize on investment opportunities.
  • The rights and benefits of the Unitholders in WP ACE, with respect to portfolio investments in or alongside Other Warburg Pincus Funds will differ from the rights and benefits of those investors that have invested directly in such Other Warburg Pincus Fund.
  • Unitholders’ interests in WP ACE’s assets may be adversely affected by liabilities arising out of investments in which they did not participate.
  • The valuation methodologies used to value investments may change over time and have subjective elements, and, as a result, there is and will be uncertainty as to the value of WP ACE’s portfolio investments.
The other 66 risks
  • The NAV per Unit may fluctuate significantly between valuation dates. In addition, monthly NAV calculations are not governed by accounting rules or standards and may differ from those used by other companies, and errors may occur in calculating WP ACE’s NAV, which could impact the price at which the Fund sells and repurchases its Units.
  • The establishment of Feeder Vehicles by the General Partner may result in different terms and NAV per unit for those Feeder Vehicles compared to WP ACE, potentially leading to discrepancies in investment conditions.
  • Warburg Pincus’ valuation policies and procedures may differ in certain respects from the methodology required pursuant to GAAP, and varying accounting standards, particularly in less developed countries, may limit the accuracy and reliability of financial information.
  • WP ACE may receive requests for disclosure for information. WP ACE may incur expenses in connection with responding to any such requests, and any public disclosure of WP ACE information could have an adverse effect on WP ACE and its investors.
  • Unitholders may bear substantial fees and expenses, which would reduce the actual returns realized by Unitholders on their investment in WP ACE.
  • The Manager or the Recipient may receive WP ACE Units in lieu of certain fees or distributions, which may dilute the interests of Unitholders.
  • The General Partner has absolute discretion over the time at which closings will occur and whether such closings occur at all.
  • Investments in or alongside WP ACE may be transferred, sold or otherwise repurchased at any time without the consent of Unitholders.
  • WP ACE must comply with anti-money laundering laws and regulations, including verifying investors’ identities and sources of funds, and may reject subscription if required information is not provided. Compliance with evolving regulations may impose additional costs and administrative burdens.
  • The illiquid and long-term nature of the Investments that WP ACE will effectuate subject WP ACE to certain risks, including WP ACE being required to sell, distribute, or otherwise dispose of Investments at a disadvantageous time and for a price which is less than the price that could have been obtained if the Investments were held for a longer period of time.
  • Dispositions and divestments by WP ACE and/or Other Warburg Pincus Funds may adversely affect Unitholders.
  • WP ACE may elect not, or may be unable, to make follow-on investments, which may have a substantial negative effect on WP ACE’s portfolio.
  • The General Partner is permitted to enter into side letters or other similar agreements with certain Unitholders in connection with their admission to WP ACE without the approval of any other Unitholder, which could disproportionately affect other Unitholders.
  • Unitholders have limited voting and governance rights.
  • The Partnership Agreement designates Delaware state and federal courts as the exclusive venues for disputes related to the Partnership Agreement and federal securities laws, potentially subjecting the Fund to additional costs and resource diversion if the provision is challenged and found inapplicable or unenforceable. Such provision could limit Unitholders’ ability to obtain a favorable or convenient judicial forum for disputes with us or our Directors and officers.
  • The Partnership Agreement includes a jury trial waiver that may limit the ability of Unitholders to bring or demand a jury trial, which could discourage lawsuits with respect to such claims, and, if found unenforceable, could result in the Fund incurring additional costs.
  • Investor communications are subject to the costs and risks associated with electronic delivery.
  • Unitholders will have limited access to information regarding WP ACE.
  • Estimating the appropriate amount of reserves for contingent liabilities is difficult, and inadequate or excessive reserves could impair the investment returns to Unitholders.
  • WP ACE may pledge its assets to support related entities, and the General Partner and/or Manager may assist Other Warburg Pincus Funds, which may cause conflicts of interest.
  • Pooling investments with Other Warburg Pincus Funds may expose Unitholders to risks such as potential conflicts of interest, subjective asset valuations, and lower returns due to the performance of assets contributed by Other Warburg Pincus Funds.
  • Accepting commitments in excess of deployable capital may prevent the Manager from investing the entirety of WP ACE’s commitments on favorable terms or that WP ACE’s returns will not be materially diminished by the adverse effects of raising more capital than its deal flow can prudently absorb.
  • Adverse market and economic conditions may adversely affect WP ACE’s sources of liquidity, which could adversely affect WP ACE’s business operations in the future.
  • Risks Related to our Investments
  • WP ACE’s anticipated investments involve a high degree of business and financial risk that can result in substantial losses.
  • There is no assurance as to the degree of diversification that will be achieved among WP ACE’s investments, and concentration of investments in any country, region or asset type could increase the risk of defaults, reduce the amount of payments WP ACE receives on its investments (if any) and, consequently, could have an adverse impact on WP ACE’s financial condition and results and its ability to make distributions (if any).
  • There can be no assurance as to the investment strategy, investment process and/or investment techniques WP ACE will utilize or that the investment portfolio of WP ACE will resemble the portfolio of any Other Warburg Pincus Fund.
  • The business of identifying, completing, structuring and realizing private equity transactions is highly competitive, and such competition and other factors may limit WP ACE’s investment opportunities.
  • Because WP ACE reserves the right to make only a limited number of investments and to invest disproportionately in a subset of investments, the performance of one or more substantial investments will likely have a significant impact on the overall performance of WP ACE.
  • WP ACE may make early-stage investments which involve a high degree of business and financial risk and may result in substantial losses.
  • The success of WP ACE’s investments will be dependent upon its portfolio companies’ management teams.
  • Due diligence failures and adverse conduct of portfolio companies may subject WP ACE to loss on investments and legal liability.
  • There can be no assurance that WP ACE will be successful in effecting improvements in the operations of a portfolio company.
  • There can be no assurance that the political activities of a portfolio company, its management or its employees will advance the interests of such portfolio company or otherwise benefit such portfolio company or WP ACE.
  • WP ACE expects to experience the effects of cyclicality, which may impact the returns on WP ACE’s portfolio investments.
  • Any portfolio company’s labor relations issues could adversely affect WP ACE’s ability to implement its investment objectives.
  • If WP ACE undertakes transaction through local brokers, banks or other organizations, WP ACE may become subject to the risk of default, insolvency, corruption or fraud of such organizations, including where such entities have possession of WP ACE assets.
  • Investment analyses and decisions by Warburg Pincus undertaken on an expedited basis may result in losses for WP ACE.
  • WP ACE may invest in platform companies, which may generate increased costs and expenses.
  • Monetary policy has had and is expected to continue to have a significant effect on macroeconomic conditions, which in turn may adversely affect the performance of WP ACE’s investments.
  • WP ACE may become subject to the risk of default, insolvency, corruption or fraud of financial institutions and other similar organizations.
  • WP ACE may elect to structure its investments through Intermediate Entities, which may impact the allocation of Management Fees and Performance Participation Allocations.
  • WP ACE’s use of leverage may amplify losses, increase costs and limit cash flow.
  • Hedging techniques employed by WP ACE may introduce counterparty, regulatory and liquidity risks that could potentially reduce performance in unexpected market conditions.
  • WP ACE’s success depends upon the accuracy of financial projections and general economic conditions, which are not predictable, can have a material adverse effect on the reliability of such financial projections.
  • WP ACE’s investments in public companies may be subject to unique risks.
  • Possession of material non-public information may restrict WP ACE’s ability to trade certain investments and could result in the loss of opportunities for WP ACE.
  • Contractual non-compete and exclusivity arrangements may restrict WP ACE’s ability to pursue certain investment opportunities.
  • The ability to effectively enforce patent, trademark and other intellectual property laws may affect the value of WP ACE’s investments.
  • Investments in debt securities carry foreign exchange, credit and interest rate risk.
  • There is no guarantee that Warburg Pincus will be able to successfully implement its Sustainability Policy while achieving its investment strategy.
  • Warburg Pincus and its sustainability strategy are subject to risks related to sustainability laws, regulations, policies and enforcement.
  • The compliance burden and related costs may increase over time. Failure to comply with applicable Sustainability Disclosure Laws may lead to investigations and audits, fines, other enforcement action or liabilities, or reputational damage.
  • Failure to comply with applicable Sustainability Due Diligence Laws may lead to investigations and audits, fines, exclusion from public procurement, other enforcement action or liabilities, including civil liability or liability from third-party claims, and reputational damage.
  • Obligations associated with the General Partner’s or Warburg Pincus’s participation on Creditors’ Committees may conflict with its duties owed to WP ACE.
  • Changes in laws, regulations or governmental policy may have an adverse impact on WP ACE and its investments, including the ability of WP ACE to execute its investment objectives and to receive attractive returns.
  • Global trade disruption, introductions of trade barriers and trade frictions may materially and adversely impact WP ACE and its portfolio investments.
  • WP ACE is subject to certain risks by virtue of its expected international investments.
  • WP ACE may invest in emerging markets that involve additional risks and considerations not typically associated with investing in more established markets.
  • Regulatory action and economic conditions in Europe could have a significant effect on the value of securities and investments held by WP ACE.
  • International conflicts and geopolitical events can disrupt markets and economies, creating significant uncertainty and potential losses.
  • WP ACE’s investments denominated in non-U.S. currencies carry foreign exchange risk.
  • There can be no assurance that any privatizations will be undertaken or, if undertaken, successfully completed.
  • There can be no assurance that any governmental entity will not legislate, impose regulations, or change applicable laws or act contrary to the law in a way that would materially and adversely affect the business of any portfolio investment.
  • Restrictions on U.S. outbound investment could limit the universe of prospective investments available to WP ACE.
  • Non-U.S. bankruptcy law and process may differ substantially from that in the U.S., resulting in increased costs and greater uncertainty.
  • Risks Related to Secondary Investments and Primary Commitments
  • There is no established market for Secondary Investments, and there can be no assurance WP ACE will be able to identify sufficient Secondary Investment opportunities.

Legal proceedings

Neither we, the General Partner nor the Manager are currently subject to any material legal proceedings, nor, to our knowledge, are any material legal proceeding threatened against us, the General Partner or the Manager. From time to time, we, the Sponsor or Warburg Pincus may be a party to certain legal proceedings in the ordinary course of business, including proceedings relating to the enforcement of our rights under contracts with our portfolio companies. We may also be subject to regulatory proceedings.

The opening of Item 3, Legal Proceedings.3

Sources

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