Bain Capital, an Asia-focused private equity fund, raised $10.5 billion.

One of the world's most famous acquisition companies, Bain Capital, has completed the fundraising for its largest Asia-focused private equity fund, raising $10.5 billion. The company stated that $9.1 billion of the capital commitments for its sixth Asia fund came from external investors, surpassing the initial target of $7 billion. The remaining portion came from Bain Capital's partners, employees, and related entities. Bain Capital has assets under management of approximately $225 billion and operates across various locations in Asia.