Bain Capital Life Sciences Fund IV
Overview
Bain Capital Life Sciences Fund IV is the fourth vehicle in Bain Capital's dedicated life sciences/biotech investment strategy, closing in September 2024 at approximately $3 billion in total commitments (~$2.5B from outside LPs plus GP/affiliated capital), investing across the biotech and life sciences sector amid a wave of startup buyouts. Confirmed LP: CalPERS (California Public Employees' Retirement System), one of the fund's five limited partners.
Key Facts
- Fund type
- Growth/VC
- Vintage year
- 2024
- Strategy
- Life Sciences — pharmaceuticals, biotech, medical devices, diagnostics
- Managed by
- Bain Capital
- Fund size
- USD 3.0B
Last updated July 8, 2026