Bain Capital has completed fundraising for its latest flagship private equity fund, Bain Capital Fund XIV, securing a total of $14 billion in commitments. Of that amount, approximately $11.8 billion came from external investors, surpassing the firm’s original target of $10 billion. The remaining capital was contributed by Bain Capital-related entities, which collectively remain the fund’s largest investor—a tradition that has been consistent across the firm’s history.
Fund XIV joins Bain Capital’s recently closed Europe VI and Asia V funds, bringing the firm’s total committed capital across its private equity platform to more than $27 billion. The platform itself now manages approximately $68 billion in assets, combining the scale of a global investment leader with the flexibility of regionally focused funds and the connectivity of an integrated global team. This latest fundraise reflects strong investor confidence in Bain Capital’s disciplined approach and its ability to deliver consistent performance across market cycles.
As the newest vintage in Bain Capital’s global private equity strategy, Fund XIV continues a legacy that began in 1984. Over the past four decades, the firm has partnered with management teams to help companies grow and evolve through operational improvements, strategic transformation, and scalable growth.
The private equity team focuses on five core sectors: Consumer, Healthcare, Industrials, Services, and Technology. These verticals benefit from insights and resources drawn from the broader Bain Capital ecosystem.
The firm’s global private equity platform includes more than 330 investment and portfolio professionals, supported by a dedicated Portfolio Group of nearly 90 specialists. This team brings deep expertise in areas such as digital transformation, supply chain optimization, and talent development. They work closely with investment teams and company leadership from due diligence through ownership, applying a hands-on model that emphasizes operational value creation. In fact, roughly 80 percent of Bain Capital’s value creation over the past decade has come from operational improvements rather than financial engineering.
KEY QUOTES:
“Bain Capital’s ability to help companies reach their full potential, even in complex environments, has been the foundation of our private equity strategy for more than four decades. Our growth-oriented approach connects global insight with deep industry expertise, empowering people across our firm and our portfolio companies to unlock transformational change and achieve sustainable scale. We are one hands-on, collaborative, and integrated team across our platform, which is particularly well-suited for today’s market. With the continued support of our investors and the strength of our global platform, Fund XIV positions us to carry this work forward and continue to create lasting impact.”
Chris Gordon, Partner and Global Co-Head of Private Equity
“In today’s competitive environment, scale without discipline is not enough. Our strategy has always been to focus on opportunities where Bain Capital can bring a true advantage — pairing sector specialists with cross-platform insights and the resources of our global team. That approach has enabled us to generate meaningful liquidity for our investors even in one of the most challenging exit markets since the financial crisis. Looking ahead, we remain focused on supporting transformation, driving growth, and continuing to serve as a trusted partner to leading businesses across the globe.”
David Humphrey, Partner and Co-Head of North America Private Equity
