Private and alternative asset management firm Bain Capital is closing its second fund focused on investments in Asia, The Wall Street Journal reports. The Boston-based company is also hoping to reach the fund’s target of $2 billion early next year.
Bain, which started marketing Bain Capital Asia Fund II earlier this year, aims to invest the fund largely in China, Japan and India. The Pennsylvania Public School Employees’ Retirement System, which approved a $100 million fund’s commitment in October, is a limited partner in the fund.
Click here for the story from The Wall Street Journal.
Asia China Japan Bain Capital Boston