– Warburg Pincus LLC announced the launch of a dedicated European Defence Investment Platform.
– The platform reflects the firm’s belief in sustained structural tailwinds and long-term policy support for the European defence sector.
– MEAG (asset manager of Munich Re Group) is supporting the strategy as an early backer.
– The new platform will maintain a dedicated European defence focus while complementing Warburg Pincus’ existing capabilities.
– It aims to deploy capital into defence and adjacent strategic industries across Europe.
– Driven by European governments’ and institutions’ increasing investment in defence capabilities, resilience, and strategic sovereignty.
– Tobias Weidner (Managing Director & Head of European Industrials at Warburg Pincus): “Europe is undergoing a fundamental reassessment of its defence, resilience and security needs, leading to significant need for scaling of the European Defence sector. We believe this creates a compelling long-term opportunity.”
– Nicholas Gartside (Member of the Board of Munich Re & Chief Investment Officer, Munich Reinsurance Company): “Defence and security are strategically important sectors Warburg Pincus is a natural partner based on our long-standing relationship and their deep sector expertise.”
– Strong experience in Aerospace & Defence and broader industrials globally.
– More than 20 years of industrials investing and over 40 years of investing in Europe.
– Notable past and current platforms include: Consolidated Precision Products (CPP), Triumph Group, INRCORE, Wencor Group, Extant Aerospace, TransDigm (U.S.), Inmarsat and Accelya (Europe), and Quest Global (India).
– Senior Advisory Team (Defence & National Security):
▪️Admiral Joachim Georg Rühle (Ret.), former Chief of Staff at NATO SHAPE and Vice Chief of Defence of the German Armed Forces.
▪️Susanne Wiegand, former Chair & CEO of RENK Group AG and former CEO of Rheinmetall’s Electronic Solutions division.
▪️Lieutenant General Jürgen-Joachim von Sandrart (Ret.), former commander of NATO’s Multinational Corps Northeast.
▪️Rolf Wirtz, former CEO of Atlas Elektronik and TKMS, with extensive experience in military aircraft, UAV, defence electronics, and naval systems.