Bain Capital has raised more than $5 billion in new capital across its real estate strategies, including the completion of fundraising for Bain Capital Real Estate Fund III (Fund III), with approximately $3.4 billion in total commitments. Fund III received significant support from a diverse group of new and existing limited partners globally, and includes $300 million from Bain Capital employees and alumni, underscoring the firm's long-standing commitment to ensuring alignment with its investors.
The final close of Fund III follows Bain Capital Real Estate’s recent $1.6 billion capital raise alongside 11North Partners, which will invest through their co-owned, open-air, necessity-based retail operating platform.
Together, these raises, along with additional co-investments, represent more than $5 billion of investible capital across Bain Capital Real Estate strategies, enhancing the firm’s ability to invest selectively and at scale across its highest-conviction them