Bain Capital has raised $9bn (£7.1bn) for its World Particular Conditions technique, which supplies versatile capital options to firms globally.
The fundraise contains $5.7bn in commitments to the World Particular Conditions Fund II, together with co-investments and individually managed accounts, in addition to $3.3bn obtained by its Asia and Europe regional funds.
The corporate stated the capital elevate positions it as one of many largest particular conditions buyers on this planet.
The particular conditions technique supplies financing to firms that sits between personal credit score and fairness. It focuses on offering capital options to fund development and M&A, present liquidity and optimise capital buildings, in addition to investing in arduous property and opportunistically in distressed conditions.
Learn extra: Bain Capital Credit score invested $2bn final yr
“Structural shifts are creating vital alternatives for inventive capital suppliers who can fill the gaps between conventional methods and supply enhanced worth for firms, entrepreneurs, and asset house owners,” stated Barnaby Lyons, associate and international head of particular conditions.
“These catalysts demand revolutionary and adaptable funding options, backed by a worldwide workforce with deep business insights and sturdy strategic help. We’ve constructed one of many largest and most international particular conditions groups with over 140 funding professionals throughout 4 continents, and we see a considerable alternative to additional broaden our international technique and capabilities.”
Learn extra: Bain Capital’s personal credit score unit reveals uptick in funding exercise
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