Bain Capital Raises $3.2 Billion for Latest Distressed Fund

Bain Capital Raises $3.2 Billion for Latest Distressed Fund

Bain Capital Credit has closed a new distressed debt and special situations fund, with more than $3.2 billion in commitments, according to Jeff Robinson, one of the firm’s managing directors. About 50% of that total has been invested and committed, with the majority...
KKR Looks to Triple Vietnam Investments After Vinhomes Deal

KKR Looks to Triple Vietnam Investments After Vinhomes Deal

KKR & Co. expects to at least triple its investments in Vietnam in the next decade as it seeks to capture rising demand from the Southeast Asian nation’s growing middle class. The U.S. buyout firm’s investments in Vietnamese assets crossed $1 billion after a...
Evoco raises EUR 93 million for first close of Evoco TSE III SCSp

Evoco raises EUR 93 million for first close of Evoco TSE III SCSp

On the back of a very robust performance of the existing portfolio, Evoco’s next fund will continue its highly successful strategy: acquiring portfolios of lower-mid market companies in the DACH area. Evoco, the Zürich-based private equity firm has raised more than...
Private equity firms move fast to snatch public tech companies

Private equity firms move fast to snatch public tech companies

Technology companies are spending less and less time on stock markets, as private equity firms, armed with a record amount of dry powder, move fast to take them private. The median time from initial public offering to buyout since the financial crisis has narrowed to...