Warburg Pincus is a US-based private equity firm that has a significant influence in the commercial real estate market in the Asia-Pacific region. It has rapidly expanded business throughout the region with a platform investment strategy. Of course, its investment in Korea has exerted a high level of influence on the Korean market thanks to its platforms. One clear case of this would be ESR. Warburg Pincus co-founded the Chinese logistics platform, E-Shang, in 2011, and changed its name to ESR in 2016 through a merger with Redwood. Warburg Pincus sold its stake in ESR in 2020 to recover its investment, but then became a shareholder again later. […]