Global private equity firm Bain Capital on Monday announced that it has raised $10.5 billion for its Bain Capital Asia Fund VI, including $9.1 billion of external commitments. The fund has exceeded its original target of $7 billion.
Bain Capital partners, employees, and related entities committed the balance capital and collectively are the single largest investor in the fund, the firm said in a statement.
“Bain Capital’s private equity business has always been built around helping companies realise their full potential through operational improvement, strategic change, and close partnership with management teams,” said Yuji Sugimoto, Partner and Head of Asia Private Equity.
“Over the past 20 years, we have built those capabilities into our Asia platform in a way that combines local insight with the broader strengths of Bain Capital, and that has enabled us to deliver strong outcomes for our investors and partner companies across market cycles. We continue to see significant opportunity across the region, and we are investing in our people, our technology, and the broader capabilities of the platform so we can keep scaling in a disciplined way and delivering over the long term.”
Bain Capital operates across Japan, India, China, Australia, and Korea, with a team of nearly 200 investment and operating professionals focused on sectors including technology, industrials, consumer, healthcare, and business and financial services.
The Asia platform works alongside Bain Capital’s global private equity and related businesses, including credit, insurance, real estate, special situations, and tech opportunities, to evaluate and execute investments across the region.
Founded in 1984, Bain Capital invests across private equity, growth and venture, capital solutions, credit and capital markets, and real assets. The firm has 24 offices in four continents, more than 1,850 employees, and approximately $225 billion in assets under management.
