The firm secured $10.5bn for its sixth Asia buyout fund, exceeding its initial $7bn target and reaching the vehicle's hard cap after strong investor demand. The fundraise was completed in about seven months after marketing began in May. Bain's track record of exits and distributions has supported investor demand. The firm agreed last year to sell its Chinese data centre portfolio to Shenzhen Dongyangguang Industry in a transaction valued at about $4bn. The fundraising also reflects a growing concentration of capital among the industry's largest managers. According to Deloitte, the five largest Asia buyout funds accounted for nearly half of the capital raised in the region last year. With $12.5bn of fresh capital, Bain is positioned to pursue new transactions across Asia, where investors increasingly favour established managers with deep regional networks and operational expertise. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our...
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