Bain Capital completed fundraising for its latest Global Special Situations Fund, bringing the total amount raised for its second vintage of funds to $9 billion. This capital base includes Global Special Situations Fund II, which received $5.7 billion in total commitments, inclusive of co-investments and separately managed accounts, and $3.3 billion from the firm’s previously closed Special Situations Asia and Europe regional funds.
On a global scale, Special Situations pursues both structural and cyclical opportunities across three primary investment strategies: capital solutions, hard assets and opportunistic distressed.
“Structural shifts are creating significant opportunities for creative capital providers who can fill the gaps between traditional strategies and provide enhanced value for companies, entrepreneurs and asset owners,” Barnaby Lyons, partner and global head of special situations for Bain Capital, said. “These catalysts demand innovative and adaptable investment solutions, backed by a global team with deep industry insights and robust strategic support. We’ve built one of the largest and most global special situations teams with over 140 investment professionals across four continents, and we see a substantial opportunity to further expand our global strategy and capabilities.”
