Bain Capital LLC
|Bain Capital LLC|
|Products||Private investment firm|
Bain Capital LLC is a private investment firm. Its affiliates, which manage approximately $80 billion in assets, include private equity and venture capital, as well as long/short public equity, credit products and global macro hedge funds.
It was announced on Sept. 29, 2008, that the Neuberger Berman asset management business of bankrupt Lehman Brothers Holdings Inc. would be sold to Bain Capital LLC and Hellman & Friedman LLC for $2.15 billion -- a lot less than original estimates. The deal included Lehman's Asset Management unit and private funds investment group, but excluded Lehman's major direct private equity businesses.
Products and Services
- Bain Capital. Bain Capital.
- Private equity firms buy Lehman's Neuberger Berman. Reuters.
- Bain Joins Purchase of Lehman Unit. Boston Business Journal.