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Writer's pictureJosh Rovner

Why Bain Capital for Private Equity? / Overview of Bain Capital

If you're interested in breaking into finance, check out our Private Equity Course and Investment Banking Course, which help thousands of candidates land top jobs every year.



Overview

Bain Capital is a global private equity and investment firm with an AUM of $185B. Bain Capital operates many different funds and strategies, which include Private Equity, Credit, Venture, Real Estate, Life Sciences, Public Equity, Tech, Insurance, and Crypto.

Bain Capital was founded by partners of Bain & Company in the 1980s, although they operate as distinct entities. Bain Capital is based in Boston.

In 2022, Bain Capital raised $2.4B for its second tech opportunities fund.

Bain Capital Overview


Remember that in order to craft a great answer to the common question "Why this Firm?", it's your responsibility to read articles and speak with employees. If you are interviewing with Bain Capital, you should make sure you know:


  • 1 deal that the investment team you are recruiting with has done

  • 1 person at the firm (ideally someone who would have influence over your recruiting process)

  • 1 business model-specific detail to mention


We explain how to answer qualitative questions and research private equity firms in our Private Equity Course. We also teach how to build LBO models and prepare for case study interviews.



Big 3 Qualitative Questions




Selected Transaction


To expand its presence in India, Bain Capital announced its intent to acquire a 25% stake in alternative investment firm IIFL. As one of the nation's largest and fastest-growing managers, IIFL is expected to experience significant tailwinds from rapid national wealth creation.

  • Transaction Description: Bain Capital, LP entered into an agreement to acquire IIFL Wealth Management Limited (NSEI:IIFLWAM) from General Atlantic Singapore Fund Pte. Ltd

  • Transaction Value: $481.5mm

  • Transaction Date: Announced March 2022

  • Press Release


Fact Sheet


Bain Capital Logo


  • Company Name: Bain Capital

  • Description: Bain Capital is an American private investment firm based in Boston investing across a range of industry sectors and geographic regions

  • Firm Category: Private Equity / Upper Middle Market

  • Status: Bain Capital is privately held

  • Founded: 1984

  • Assets Under Management: $185B

  • Flagship Fund Size: Bain Capital Fund XIII ($11.8B raised in 2021)

  • Co-Managing Partners: John Connaughton, Jonathan Lavine

  • Headquarters: Boston, USA


Resources


Bain Capital Glassdoor



Bain Capital Salary


Based on the H1B Database, the average base salary for an Analyst at Bain Capital is $75k - $85k. We note that this salary information may be dated and not reflective of their current pay.

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