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Exclusive: Bain to seek $1 billion for its first Asia-focused credit fund - sources


10 February 2017 04:47

By Elzio Barreto HONG KONG (Reuters) - Bain Capital is planning its first Asia-focused credit fund, seeking to raise $1 billion to capitalise on distressed debt and direct lending opportunities as banks dispose of those assets and operations, people familiar with the plans told Reuters. The move would double the private equity firms presence in credit-related investments in the region as it also has about $1 billion in distressed debt and so-called special situations transactions done through its global funds..
Exclusive: Bain to seek $1 billion for its first Asia-focused credit fund - sources. This article is published at 10 February 2017 04:47 from Yahoo India Personal Finances Information, click on the read full article link below to see further details.


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Tags : Exclusive, Bain, seek, billion, first, Asia, focused, credit, fund, sources


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