Bain Capital targets $4b for new Asia-focused fund

Bain Capital targets $4b for new Asia-focused fund

Logo of 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 is targeting up to $4 billion for a new Asia-focused fund, a person with direct knowledge of the matter said, adding yet more dry powder to the region that has enjoyed a two-year fundraising bonanza.

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