Apr 11, 2012
Bain Eyes $6-$8B Fund, Toys With Fees
Bain Capital LLC is considering raising $6 billion to $8 billion for a new global buyout fund and giving investors up to three options on fees it charges to pension funds and other institutional investors, people familiar with the matter tell Reuters. The firm is considering lowering management fees while taking a bigger chunk of profits from investments in carried interest, thinking that some investors would see that as better alignment of interests. Read the full story here.