Bain Capital looking to raise $4b for new global special situations fund

Bain Capital looking to raise $4b for new global special situations fund

FILE PHOTO: REUTERS/Kim Kyung-Hoon

Bain Capital is seeking to raise $4 billion for a new global “special situations fund” as the US firm sees an opportunity to snap up distressed investments in a broad range of asset classes, two people familiar with the matter said.