Bain Creates $1.15B Insurance Private Equity Fund

July 25, 2023 by Allison Bell

Bain Capital says it now has $1.15 billion in cash it can use to fund insurance deals.

The Boston-based investment firm’s Bain Capital Insurance Fund plans to invest some of the money in insurance companies’ efforts to restructure themselves, carve some operations out from others and turn troubled operations around.

The fund will also invest in the start of new insurance platforms and insurers’ moves to address product gluts, product shortages and other trends

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Originally Posted at ThinkAdvsior on July 20, 2023 by Allison Bell.