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Bain Capital announces the final closing of its sixth fund in Asia, with a total size of $10.5 billion.
ME News Report, May 18 (UTC+8), Bain Capital announced that its sixth Asian fund has completed final fundraising, with a total size of $10.5 billion, including approximately $9.1 billion from external investors, exceeding the previous fundraising target of $7 billion. Bain Capital partner and head of Asian private equity, Yuji Shimomoto, stated that they remain optimistic about the vast opportunities in the Asian market and will increase efforts in talent development, technological empowerment, and platform integration to achieve steady and cautious business growth. Currently, Bain Capital is focusing on sectors such as technology, industry, consumer, healthcare, and commercial and financial services. (Source: ChainCatcher)