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Bain Capital Real Estate Lines Up $5B-Plus of New Funding
Bain Capital on Tuesday announced the close of more than $5 billion in new capital across its real estate strategies, including the completion of fundraising for Bain Capital Real Estate Fund III. Fund III received significant support from new and existing limited partners globally and includes $300 million from Bain Capital employees and alumni.
The final close of Fund III follows Bain Capital Real Estate’s recent $1.6-billion capital raise alongside 11North Partners, which will invest through their co-owned, open-air, necessity-based retail operating platform.
“We are grateful for the continued support of our limited partners and their conviction in our strategy and growing platform, which have delivered strong performance through one of the most challenging real estate cycles in decades,” said Ryan Cotton, partner and head of Bain Capital Real Estate. “Our thematic focus, underpinned by rigorous analysis and collaboration across Bain Capital’s platform, combined with disciplined selectivity and active management, positions us well to invest successfully across cycles.”
Pictured: Bain Capital headquarters in Boston.
- ◦Financing
