Publications

  • State-backed shadow funds drive up China valuations; Financial services

    March 16, 2017 | Private Equity | Financial Times | Media mention

    State-backed shadow funds in China are helping drive corporate valuations in the region into "nosebleed territory", according to a new report from Bain & Company. "It's what I call corporate shadow capital," said Suvir Varma, a partner with Bain and head of the firm's Asia Pacific private equity

  • LEX Column: Look elsewhere

    March 16, 2017 | Private Equity | Financial Times | Media mention

    Bain & Company notes in its new report that growth in investment has been especially strong for Chinese start-up firms. Nearly a fifth of early-stage PE investments worldwide, around $15 billion, were made in China.

  • 2016 Second best year in record for APAC’s PE, Internet fever remains strong

    March 16, 2017 | Private Equity | Deal Street Asia | Media mention

    Investment momentum in Asia Pacific (APAC)’s private equity (PE) market eased in 2016, after a historic soaring high in 2015, a report by Bain & Company shows. Despite the slump, 2016 is still the second best year on record.

  • Asia’s private equity funds lose steam as valuations soar beyond reach, Bain survey says

    March 16, 2017 | Private Equity | South China Morning Post | Media mention

    The days of “buy low, sell high”’ have ended for private equity funds in the Asia-Pacific, as funds are pushed to identify new sources of value amid inflated valuations, slower economic growth and rising interest rates, an industry report said on Thursday. “Wringing greater value from PE

  • Bain & Co: APAC GPs 'feel the pain of sky-high valuations'

    March 16, 2017 | Private Equity | Private Equity International | Media mention

    Bain & Company's Asia-Pacific Private Equity Report 2017 was recently released, offering insights into the sector. “Funds that will thrive are those that understand they must exercise an entirely different set of muscles to win the best deals and unlock new sources of value," said Kiki Yang, a

  • Plugging into Emerging Electricity Markets

    February 03, 2016 | Utilities & Alternative Energy | Bain Brief

    Companies and investors interested in global expansion in the power sector must consider a range of opportunities and risks.

  • Improving IT Services with a Factory Mindset

    July 08, 2015 | Bain Brief

    As firms grow, executives need to take a more rational approach to management, based on better planning, lean operations and more sophisticated supply chain management. Our survey of Indian and global firms identified four capabilities critical to efficient performance in current operations and a

  • The journey north

    December 22, 2014 | Business Standard

    Every growing company reaches a critical point in its development when sustaining profitable growth means adding the systems, capabilities and talent that will allow it to achieve scale. The hard part is doing so without losing vital elements of the company's founding culture in the bargain - what

  • Are Speed and Scale Compatible?

    December 15, 2014 | Business Standard

    Fast-growing, developing-market companies benefit from what we call the Founder's Mentality—an essential sense of insurgent mission, an owner's mindset and a passion for the front line and customers. However, as they build the kind of organisation they need to sustain growth, they encounter a

  • The Journey North

    December 03, 2014 | Bain Brief

    Young disruptive companies with ambitious founders know how to deliver on the front line. If they want to sustain grown in the long term, they will have to achieve scale without losing their insurgent mindset.