Bain targets $750m for Asia special situations fund
Bain Capital Credit is targeting $750 million for an Asia-focused special situations fund to pursue direct lending, mezzanine debt and distressed asset opportunities across the region.
The fund has a hard cap of $1 billion, according to a source familiar with the situation. The firm’s credit unit – known until last year as Sankaty Advisors – is already meeting potential investors...
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