Bain Capital Sees 'Golden Age' for Private Equity in Japan

David Gross-Loh, managing director of private equity at Bain Capital, discusses the firm's investments in Japan, and the opportunities he sees in other Asian markets. Bain Capital-led group succeeded in its tender offer for Hitachi Metals Ltd., a unit of the Japanese conglomerate. Gross-Loh speaks with Haidi Stroud-Watts and Kathleen Hays on "Bloomberg Daybreak: Australia.

“Japan is coming into a Golden Age for Private Equity. There’s been a tremendous amount of developments in the infrastructure to support the private equity transactions that we and others do, there’s been a serious focus on corporate governance, large corporations are trying to get more efficient and therefore divest some of their non-core business. But you also see a lot of founder-owned businesses that are looking for succession alternatives that’s creating some opportunities. So the convergence of the number of these forces is creating a lot of opportunity,” says David Gross-Loh.