Prime Highlights:
- Bain Capital Real Estate successfully raised over $5 billion, including $3.4 billion for Fund III, marking a major increase from its previous fund.
- The fund focuses on value-add real estate opportunities in high-demand sectors like industrial, retail, medical, and leisure properties.
Key Facts:
- Bain Capital Real Estate has invested over $10.7 billion since its inception and manages $215 billion in assets worldwide.
- Recent notable investments include industrial properties in New Jersey, medical facilities near Washington, DC, open-air retail centers in Florida and South Carolina, and marinas in Florida.
Background:
Bain Capital today announced the successful close of over $5 billion in new capital across its real estate strategies, including the completion of fundraising for Bain Capital Real Estate Fund III, which secured approximately $3.4 billion in commitments. The fund received strong support from a diverse group of new and existing global investors, with $300 million contributed by Bain Capital employees and alumni, highlighting the firm’s long-standing alignment with its investors.
This latest fundraising follows a $1.6 billion capital raise alongside 11North Partners, focused on open-air, necessity-based retail properties. Together, these efforts give Bain Capital Real Estate more than $5 billion to invest, enabling the firm to focus on its top investment strategies and make larger, selective deals. This is a significant increase from the previous Fund II, which raised $3 billion.
Fund III follows a research-based investment approach, concentrating on sectors that add to traditional real estate portfolios. It focuses on value-add opportunities in areas with high demand and limited supply, where hands-on management can improve performance. Key areas include urban infill industrial, open-air retail, medical outpatient facilities, leisure and hospitality, senior housing, marinas, storage facilities, and digital real estate assets.
“Our investors’ continued confidence underscores the strength of our strategy,” said Ryan Cotton, Partner and Head of Bain Capital Real Estate. “Our thematic focus, combined with rigorous analysis and active management, positions us to capitalize on long-term trends in how people live, work, and spend.”
Bain Capital Real Estate has also strengthened its platform with dedicated teams for asset management, debt capital markets, and investor relations, enhancing its ability to source and execute complex opportunities. Recent investments by Bain Capital Real Estate include industrial properties in New Jersey, medical facilities near Washington, DC, open-air retail centers in Florida and South Carolina, and marinas in Florida.
Since it started, the firm has invested over $10.7 billion, focusing on real estate where hands-on management and expertise can improve performance. Bain Capital manages $215 billion worldwide and is a top investment firm with a long-term, value-focused approach to real estate.
