Bain Capital pulls in $800M for second impact fund
November 24, 2020
The impact investing unit of Bain Capital has brought in $800 million for its second fund, according to The Wall Street Journal. Bain Capital typically uses the unit, dubbed Bain Capital Double Impact, to back North American lower-middle-market companies focused on sustainability, health and wellness, and education and workforce development. The firm closed its inaugural impact vehicle on $390 million in 2017.