Bain Capital Closes $9 Billion Fund
Funding | Nov 19, 2024 | Ropes & Gray
Bain Capital has successfully closed its latest Global Special Situations Fund, reaching a total of $9 billion in raised funds. The announcement, made on November 18, signifies the completion of the firm’s second vintage of funds for this series. The fund comprises $5.7 billion in commitments from the Global Special Situations Fund II, which includes contributions from co-investments and separately managed accounts. Additionally, the fund incorporates $3.3 billion from previously closed Asia and Europe regional Special Situations funds. Ropes & Gray, an esteemed law firm, played an advisory role, with their team led by asset management partners Yoni Levy, Justin Kliger, Peter Laybourn, and tax partners Sam Duncan and Jim Brown.
Sectors
- Private Equity
- Legal Services
- Asset Management
Geography
- Global – The fund includes global commitments and focuses on diverse regional special situations, encompassing Asia and Europe.
Industry
- Private Equity – Bain Capital is raising funds through its Global Special Situations Fund, indicative of private equity activities.
- Legal Services – Ropes & Gray provided legal advisory services for the fund closing.
- Asset Management – The fund involved asset management partners and focused on special situations, a segment of asset management.
Financials
- $9 billion – Total fund size closed by Bain Capital for its Global Special Situations Fund.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Bain Capital | Target | Company | A leading global private investment firm that has closed a $9 billion fund. |
| Ropes & Gray | Legal Advisor | Company | A law firm advising Bain Capital in the fund closure. |
| Yoni Levy | Asset Management Partner | Person | One of the asset management partners at Ropes & Gray involved in the transaction. |
| Justin Kliger | Asset Management Partner | Person | An asset management partner at Ropes & Gray involved in the transaction. |
| Peter Laybourn | Asset Management Partner | Person | An asset management partner at Ropes & Gray involved in the transaction. |
| Sam Duncan | Tax Partner | Person | A tax partner at Ropes & Gray involved in the transaction. |
| Jim Brown | Tax Partner | Person | A tax partner at Ropes & Gray involved in the transaction. |