Subscriptions arrived exclusively through the fund’s two Class B unit classes, while the broader WP ACE platform gathered roughly $50.7 million on the same closing date.

August 4, 2026

Warburg Pincus Access Fund, L.P. accepted $16,003,859 in new capital on July 1, 2026, selling unregistered limited partnership units to outside investors as part of its continuous private offering.

Class B1 accounted for the larger portion of the round, with 521,698 units sold for $13,980,500. Class B3 contributed 75,369 units for $2,023,359. Unit and dollar figures were rounded to the nearest whole number. No sales were reported for the fund’s Class A1, A2, A3, or Class E units this period, leaving Class B as the sole channel through which third-party capital entered during the month.

The sales relied on the Section 4(a)(2) private placement exemption and Regulation D. Units were priced at each class’s transactional net asset value as of June 30, 2026, and a portion of the subscriptions came through Warburg Pincus Access Fund (TE), L.P., a Delaware feeder vehicle built to route outside investors into the main fund. The fund raised a larger sum in its April round.

Parallel vehicle carries the bulk of platform flows

The Access Fund invests alongside a separate Warburg Pincus LLC-managed vehicle organized outside the United States that pursues substantially similar objectives and strategies. The two are referred to together as WP ACE. Across their respective continuous offerings, WP ACE sold interests totaling approximately $50,684,697 on the July 1 closing date.

Valuations across the unit stack

The fund also disclosed transactional NAV per unit as of June 30, 2026, for every class currently open to third-party investors:

• Class A1 — $28.02
• Class A2 — $28.05
• Class A3 — $28.08
• Class B1 — $26.80
• Class B3 — $26.85
• Class E — $30.67

Transactional NAV sets the price at which unit transactions clear and is struck monthly by the investment manager. It reflects month-end investment values plus other assets such as cash, less liabilities — including accruals for the management fee, the performance participation allocation, and class-level charges such as servicing fees. The fund reiterated that the measure will diverge from GAAP net asset value because the two approaches treat certain expenses differently.

Chief Executive Officer Christopher Turner signed the report on August 3, 2026.