**Bain Capital Real Estate Secures Over $5 Billion in New Capital**
Bain Capital announced Tuesday the successful close of more than $5 billion in new capital across its real estate strategies. This includes the final close of Bain Capital Real Estate Fund III, which received strong backing from both new and existing limited partners around the world. Notably, $300 million of the fund came directly from Bain Capital employees and alumni, signaling internal confidence in the fund’s strategy and direction.
This latest fundraising milestone follows a $1.6 billion capital raise with 11North Partners. The two firms will deploy that capital through their jointly owned operating platform focused on open-air, necessity-based retail assets.
“We are grateful for the continued support of our limited partners and their conviction in our strategy and growing platform, which have delivered strong performance through one of the most challenging real estate cycles in decades,” said Ryan Cotton, partner and head of Bain Capital Real Estate. “Our thematic focus, underpinned by rigorous analysis and collaboration across Bain Capital’s platform, combined with disciplined selectivity and active management, positions us well to invest successfully across cycles.”
*Pictured: Bain Capital headquarters in Boston.*
