Bain holds first close on tech fund

The Boston-based manager attracted $1.07bn for the strategy.

Fund name: Bain Capital Tech Opportunities Fund
Amount raised: $1.07 billion
Target size: $1.10 billion
Stage of fundraising: First close
First close date: October 2020
Number of investors in the fund: 232

Bain Capital has held a first close on on its Tech Opportunities Fund at $1.07 billion just shy of its target size of $1.10 billion. The fund launched in September 2019 and targets buyout opportunities in North America.