Bain Capital said to have closed fourth Asia fund at $4.65b

Logo of the Bain Capital is screened at a news conference in Tokyo, Japan September 28, 2017. REUTERS/Kim Kyung-Hoon

Global private equity firm Bain Capital LLC has closed its new Asia-focused fund at $4.65 billion, a person with direct knowledge said on Tuesday, exceeding its target and adding to the region’s already record-high dry powder.

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