On July 29, 2011 The Mutual Fund Store announced that it had partnered with private equity firm Warburg Pincus, which will invest an undisclosed amount in The Mutual Fund Store.
On July 29, 2011 The Mutual Fund Store announced an investment by global private equity firm Warburg Pincus. The Mutual Fund Store provides fee-only investment advice to mass affluent customers and specializes in mutual funds. Warburg Pincus is based in New York and has approximately $30 billion in assets under management. The terms of the transaction were not disclosed.
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