Bain Nets $7.3 Billion For North America Fund

Apr 17 2014 | 1:58pm ET

Bain Capital has raised $7.3 billion for its next flagship private-equity fund, topping its target by a half-billion.

Investors committed $6.5 billion to the fund, which will focus on North America. Boston-based Bain had hoped to attract $6 billion from clients.

Bain employees chipped in an additional $800 million.

Bain has not raised a North America-focused fund since before the financial crisis. The new fund brings Bain’s assets under management to about $75 billion.

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