{"url_path":"/sec/cik-0002082826/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2082826/0001193125-26-227069-index.html","accession_number":"0001193125-26-227069","cik":"0002082826","ticker":null,"issuer_name":"Warburg Pincus Access Fund, L.P.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2082826/0001193125-26-227069-index.html","primary_entity_key":"0002082826","primary_entity_name":"Warburg Pincus Access Fund, L.P."},"word_count":634,"has_tables":true,"body_markdown":"10-Q\n\n--12-310002082826falseQ1UnlimitedUnlimited Unlimited UnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimitedUnlimited0002082826ck0002082826:VariousMemberck0002082826:WarburgPincusAccessMasterAggregatorLPMemberck0002082826:WarburgPincusGlobalGrowthPartnersLPAndRelatedAIVsMember2026-03-310002082826ck0002082826:VariousMemberck0002082826:WarburgPincusGlobalGrowthFourteenPartnersAndRelatedAIVsMemberck0002082826:WarburgPincusAccessMasterAggregatorLPMember2026-03-310002082826ck0002082826:WarburgPincusAccessFundLPMembercountry:USck0002082826:MorganStanleyLiquidityGovernmentInstitutionalFundMember2026-03-310002082826ck0002082826:ClassB1B2B3B4C1AndC2UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2026-03-310002082826ck0002082826:WarburgPincusAccessFundLPMember2025-07-180002082826ck0002082826:WarburgPincusAccessMasterAggregatorLPMember2026-03-310002082826ck0002082826:ClassA1A2A3AndA4UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2026-03-310002082826us-gaap:FairValueInputsLevel3Memberck0002082826:WarburgPincusAccessMasterAggregatorLPMemberck0002082826:DirectInvestmentsMember2026-02-022026-03-310002082826ck0002082826:WarburgPincusAccessMasterAggregatorLPMemberus-gaap:LimitedPartnerMember2026-03-310002082826ck0002082826:VariousMemberck0002082826:OtherInvestmentSInAffiliatedSecondaryInvestmentsAndPrimaryCommitmentMemberck0002082826:WarburgPincusAccessMasterAggregatorLPMember2026-03-310002082826ck0002082826:ClassA1UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2026-01-012026-03-310002082826ck0002082826:ClassA1UnitsMember2026-04-300002082826ck0002082826:ClassC1UnitsMember2026-04-300002082826ck0002082826:ClassA2UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2026-01-012026-03-310002082826ck0002082826:WarburgPincusAccessFundLPMemberck0002082826:ClassEUnitsMember2025-12-310002082826ck0002082826:ClassA1B1A4AndB4UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2026-03-310002082826ck0002082826:ClassB1UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2025-07-192025-12-310002082826ck0002082826:WarburgPincusAccessMasterAggregatorLPMemberck0002082826:IndustrialMember2026-03-310002082826ck0002082826:WarburgPincusAccessFundLPMemberck0002082826:ClassEUnitsMember2026-03-310002082826ck0002082826:ClassA3UnitsMember2026-03-310002082826ck0002082826:WarburgPincusAccessMasterAggregatorLPMemberck0002082826:AffiliatedSecondaryInvestmentsAndPrimaryCommitmentMember2026-03-310002082826ck0002082826:ClassA3UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2026-03-310002082826ck0002082826:ClassB2UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2025-12-310002082826us-gaap:FairValueInputsLevel2Memberck0002082826:DirectInvestmentsMemberck0002082826:WarburgPincusAccessMasterAggregatorLPMember2026-03-310002082826ck0002082826:WarburgPincusAccessMasterAggregatorLPMember2026-02-032026-03-310002082826ck0002082826:ClassB3UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2025-07-180002082826ck0002082826:ClassB4UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2025-12-310002082826ck0002082826:ClassB2UnitsMember2026-04-300002082826us-gaap:FairValueInputsLevel3Memberck0002082826:WarburgPincusAccessMasterAggregatorLPMember2026-02-022026-03-310002082826ck0002082826:ClassB2UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2026-03-310002082826ck0002082826:ClassC1UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2026-01-012026-03-310002082826ck0002082826:WarburgPincusAccessMasterAggregatorLPMemberInvestments in Investment Funds Affiliated Secondary Investments WP DVT Partners, L.P. 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Variousck0002082826:WarburgPincusAccessMasterAggregatorLPMember2026-03-310002082826ck0002082826:ClassC1UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2026-03-310002082826ck0002082826:TotalPrimaryCommitmentMember2026-02-022026-03-310002082826ck0002082826:ClassDUnitMemberck0002082826:WarburgPincusAccessFundLPMember2026-03-310002082826ck0002082826:ClassA2UnitsMember2025-12-310002082826srt:AffiliatedEntityMemberck0002082826:WarburgPincusAccessFundLPMember2026-03-310002082826us-gaap:FairValueInputsLevel3Memberck0002082826:WarburgPincusAccessMasterAggregatorLPMember2026-02-010002082826ck0002082826:ClassB4UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2026-03-310002082826Investments in Investment Funds Warburg Pincus Access Master Aggregator, L.P. Geography United Statesck0002082826:WarburgPincusAccessFundLPMember2026-03-310002082826ck0002082826:WarburgPincusAccessFundLPMember2025-12-310002082826ck0002082826:ClassB3UnitsMember2026-03-310002082826ck0002082826:WarburgPincusAccessMasterAggregatorLPMemberck0002082826:InvestmentFundsMember2026-03-310002082826ck0002082826:BNYMellonCashReserveMemberck0002082826:WarburgPincusAccessFundLPMembercountry:US2026-03-310002082826ck0002082826:ClassB2UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2025-07-182025-12-310002082826ck0002082826:ClassA2UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2026-03-310002082826ck0002082826:ClassDUnitMemberck0002082826:WarburgPincusAccessFundLPMember2025-07-182025-12-310002082826ck0002082826:ClassA3UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2025-07-180002082826ck0002082826:ClassA3UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2025-12-310002082826ck0002082826:ClassA2UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2025-07-192025-12-310002082826ck0002082826:ClassA2UnitsMemberck0002082826:WarburgPincusAccessFundLPMember2025-07-182025-12-310002082826ck0002082826:ClassA2AndB2UnitsMember2026-03-310002082826us-gaap:FairValueInputsLevel3Memberck0002082826:WarburgPincusAccessMasterAggregatorLPMemberck0002082826:AffiliatedSecondaryInvestmentsAndPrimaryCommitmentMember2026-03-31xbrli:purexbrli:sharesiso4217:USDxbrli:sharesiso4217:USD\n\n[Table of Contents](#toc_page)\n\n \n\n \n\n \n\nUNITED STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWASHINGTON, D.C. 20549\n\nFORM 10-Q\n\n(Mark One)\n\n☒\n\nQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2026\n\nOR\n\n☐\n\nTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM      TO     \n\nCommission File Number: 000-56778\n\n \n\nWarburg Pincus Access Fund, L.P.\n\n(Exact name of registrant as specified in its charter)\n\n \n\nDelaware\n\n(State or other jurisdiction of\n\nincorporation or organization)\n\n39-3512234\n\n(I.R.S. Employer\n\nIdentification No.)\n\n450 Lexington Avenue\n\nNew York, New York 10017\n\n(Address of principal executive offices)(Zip Code)\n\n(212) 878-0600\n\n(Registrant’s telephone number, including area code)\n\n \n\nSecurities registered pursuant to Section 12(b) of the Act:\n\nTitle of each class\n\nTrading Symbol(s)\n\nName of each exchange on which registered\n\nNone\n\nNone\n\nNone\n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, anon-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer\n\n☐\n\n \n\nAccelerated filer\n\n☐\n\nNon-accelerated filer\n\n☒\n\n \n\nSmaller reporting company\n\n☐\n\n \n\n \n\n \n\nEmerging growth company\n\n☒\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes ☐ No ☒\n\nAs of April 30, 2026, the registrant had the following limited partnership units outstanding: 10,803,520 Class A1 units, 480,000 Class A2 units, 118,546 Class A3 units, no Class A4 units, 3,860,365 Class B1 units, no Class B2 units, 59,151 Class B3 units, no Class B4 units, no Class C1 units, no Class C2 units, no Class D units and 46,400 Class E units.\n\n \n\n \n\n[Table of Contents](#toc_page)\n\n \n\nTable of Contents\n\n \n\n \n\n \n\nPage\n\nPart I.\n\n \n\nFinancial Information"}