Bain Capital wraps up $20bn fundraising

Bain Capital, a US-based private equity firm, is putting the finishing touches to its $20bn (€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.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line