CEBU, Philippines -- The University of Michigan has approved a $35 million commitment to Bain Capital's fifth Asia-Pacific fund, according to a university board document.
China, Japan, South Korea, India and Australia are among fund's targets
Founded in 1984, Bain Capital has $160 billion in assets under management. © Reuters
CEBU, Philippines -- The University of Michigan has approved a $35 million commitment to Bain Capital's fifth Asia-Pacific fund, according to a university board document.