Bain Capital, a US-based private equity firm, is putting the finishing touches to its $20bn (â¬13.5bn) global buyout fund in an indication that dealmaking volumes are set for a comeback after a lean spell.
Steve Pagliuca, a managing director at Bain Capital, said the fundraising was "essentially closed" after investors clamoured for access to a vintage he expected to take advantage of opportunities emerging from the credit crisis.