Munich Re Group logo is seen on a smartphone in front of displayed same logo in this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration
Munich Re Group logo is seen on a smartphone in front of displayed same logo in this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration
Home » News » Business & Economy » Warburg Pincus, Munich Re arm team up to invest in Europe's defence sector
Business & Economy

Warburg Pincus, Munich Re arm team up to invest in Europe's defence sector

April 10 (Reuters) – U.S. private equity firm Warburg Pincus has launched an investment platform focused on Europe’s defence and security sector, with MEAG, the asset manager of reinsurer Munich Re, joining as an early investor.

The initiative reflects what the firms described as sustained policy support and structural drivers of defence spending in Europe, as governments move to strengthen military capabilities, resilience and strategic sovereignty.

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($1 = 0.8544 euros)

(Reporting by Maria Rugamer and Alexander Huebner, Editing by Linda Pasquini)

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