Ropes & Gray Advised Bain Capital on $14 Billion Flagship Private Equity Fund

Ropes & Gray advised Bain Capital on the final close of its largest flagship private equity fund, Bain Capital Fund XIV, with $14 billion in total commitments, including approximately $11.8 billion of external commitments exceeding its original target of $10 billion. The fund close was announced in a press release on October 6.

The successful fundraise demonstrates the strength of Bain Capital’s global private equity platform. Together, Fund XIV and the recently closed Europe VI (2023) and Bain Asia V (2023) private equity funds represent more than $27 billion of committed capital. Bain Capital manages approximately $185 billion in total assets firmwide.

The Ropes & Gray team includes asset management partners Bryan Hunkele, Jon Rash, Peter Laybourn, Jason Brown, Eve Ellis and Justin Kliger, tax partners Amanda Holt and Sam Duncan, and employment, executive compensation and employee benefits partner Josh Lichtenstein.