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May 29, 2019  

Bain Fund Allocates to Firms in Niche Areas

Investors are gaining access to a Bain Capital program that backs outside managers focused on niche strategies and complex deals.The vehicle, Partnership Strategies Fund, launched last August. It currently manages $197 million for Bain partners, who additionally have contributed $336 million of co-investment capital. Now, the Boston firm is seeking to raise at least $100 million from outside investors.The fund provides seed capital to new...

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