Nova, headquartered in Shanghai, China, was founded in 2015 by Warburg Pincus and a Chinese entrepreneur, and focuses on the acquisition of properties, with high growth potential, for conversion into for-rent apartments and creative office spaces. Nova targets acquisition opportunities in Shanghai and other first-tier economic centers within the Beijing-Tianjin-Hebei region and Pearl River Delta area, and aims to become one of China’s best commercial property investors and asset managers.
Warburg Pincus is a leading global private equity firm focused on thesis-driven growth investing at scale. With more than $65 billion in assets under management, our active portfolio of more than 185 companies is highly diversified by stage, sector and geography. As an experienced partner to outstanding management teams, we help build durable companies with sustainable value. We have raised 19 private equity funds, which have invested more than $77 billion in over 870 companies in more than 40 countries.