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Bain Capital closes €3.5bn European buy-out fund

19/03/2008Source: AltAssets.  

Boston-headquartered Bain Capital has closed a €3.5bn buy-out fund for Europe, according to various reports. The fund had an original target of €2.5bn.

It is the firm's third European buy-out fund.

Bain Capital's affiliates manage approximately $50bn in assets. Their investment activities include private equity and venture capital, in addition to long/short public equity, credit products and global macro hedge funds.

Bain Capital Europe, based in London and Munich, is the European private equity affiliate of Bain Capital.

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