Bain Capital enters China, acquires Asia Pacific Medical Group in $150m deal

Bain Capital LLC is is acquiring a controlling stake in the China-focused hospital operator Asia Pacific Medical Group (APMG), in the first deal for the private-equity firm’s new Asia fund.

Currently, Boston-based Bain Capital maintains $75 billion in assets under management (AUM) across a range of asset classes, which includes private equity, venture capital, public equity and credit products.

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