Thursday, 27 August 2015
Last updated 1 hour ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…