Private Equity

Bain looks to cash in on tech rebound with fresh $2.4bn fund

The firm aims to invest the new fund in 10 to 15 technology companies

Bain Capital plans to capitalise on lower pricing for tech companies with a new $2.4bn tech-focused private equity fund that is nearly twice the size of its predecessor.

The firm will invest its Bain Capital Tech Opportunities Fund II LP in a dramatically different environment for tech deal making than the one it faced when it closed its roughly $1.3bn debut tech opportunities fund back in 2020.

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