Fund Scan: Bain Capital playing a cautious game with minority deals, PIPE bets

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Caution is the not the word one would typically associate with private equity firms. But it is, perhaps, the most apt to describe Boston buyout firm Bain Capital's India bets. Worldwide, PE firms--including Bain--often invest in privately held companies, buy controlling stakes, engage in takeover battles or strike risky leveraged buyout ......