Formed in 2015, NWP Retail is a joint venture between PT. Nirvana Development Tbk. (NIRO) and Warburg Pincus, formed to build and develop a best-in-class retail platform in Indonesia. The Venture focuses on developing hypermarket-anchored shopping malls in Indonesia to capitalize on the country’s growth potential which is driven by rapid urbanization, emerging consumption and outsized economic growth. This strategic partnership is founded on a common vision to expand NWP Retail’s footprint across high potential areas for retail development throughout Indonesia.
Warburg Pincus is a leading global private equity firm focused on thesis-driven growth investing at scale. With more than $62 billion in assets under management, our active portfolio of more than 190 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 $79 billion in over 880 companies in more than 40 countries.