×

This is where Bain Capital is laying its Asia chips

Private equity giant Bain Capital is keeping its sights on Asia, leveraging its experience in consumer and payment businesses.

Bain Capital, which has around $75 billion under management, also remains confident on China despite recent wobbles in the world's second largest economy, a senior executive said.

"(China) is not in a recession, it's in a transition. It's in a transition from a highly manufacturing-based economy to a more services economy and we're taking advantage of those trends," Steve Pagliuca, managing director at Bain Capital told CNBC.

Read More Here's where Asia's rich are putting their money

Within China, Bain has invested in China PnR, which provides infrastructure for financial services on the mainland, applying its experience with U.K. -based payment processor WorldPay, Pagliuca noted. WorldPay was listed on the London Stock Exchange last month, in what was the U.K.'s largest initial public offering so far this year, raising more than 2 billion pounds in a deal valuing the company at more than 6 billion pounds.

In addition, Bain has brought the license for children's retailer Gymboree to China.


Getty Images

"You're seeing a large middle class being built up so I think the future of China will be increasing technology businesses (and) consumer businesses. We're very active in those areas," Pagliuca said.

In addition to China, Bain is taking a "pan-Asian" strategy, with investments in Japan, Australia and India.

Read More Why Asia's hedge fund growth lags so badly

"We've make several investments in Japan, which is a growing economy, and we've been very successful there in the food business and the media business," Pagliuca said. "We bought Skylark in Japan; that's the second largest restaurant chain in Japan. That comes from our experience owning Burger King, Domino's Pizza (and) Dunkin Donuts."

Bain follows a relatively standard model for private equity as an active owner-operator, working with management over long time frames -- such as 5-10 years -- to improve the business, Pagliuca noted.

Other investments in the region have included MYOB, an Australian small-business accounting software firm, Rise, an after-school English language school for children in China, and Hero Investments, a holding company for Indian motorcycle maker Hero Honda.