Report: Bain Raises $475M VC Fund

2/12/09

Boston-based Bain Capital has managed to raise a $475 million venture fund during a harsh climate for VC fund-raising, the Boston Globe reports this morning, citing unnamed sources. The story says that Bain, which manages some $70 billion through its private equity, hedge, debt, and venture funds, could bring in a total of $550 million for its new VC fund.

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