Bain closes second Asia fund at $2.3b
A host of leading PE firms is in the market, seeking to raise pan-Asia funds of $2 billion or more. Last week, Bain Capital became the first to cross the finish line. Its second regional fund closed at $2.3 billion, roughly halfway between the initial target and the hard cap.
Craig Boyce, a managing director with the private equity firm, announced the fundraise at the AVCJ USA Forum in New York. It has taken Bain about one year to complete the process. The fund is more than...
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