Bain's

These "secondary" interests in Bain's Fund IX sold for as little as 30 cents on the dollar in late 2009, investors say.

Bain Capital Lowers Its Fees Gregory Zuckerman 2011

Bain's performance with some newer funds hasn't been as stellar.

Bain Capital Lowers Its Fees Gregory Zuckerman 2011

To be sure, Bain's fees will remain a bit higher than those of rivals.

Bain Capital Lowers Its Fees Gregory Zuckerman 2011

Investors who buy and sell interests in Bain's funds had little excitement for the firm in the aftermath of the credit crisis, when many private-equity investments soured.

Bain Capital Lowers Its Fees Gregory Zuckerman 2011

Meanwhile, other firms, such as KKR and Blackstone Group, now have their own teams of management consultants to engineer corporate turnarounds, making Bain's approach less unusual.

Bain Capital Lowers Its Fees Gregory Zuckerman 2011

Bain's most recent fund, a $10 billion fund raised in 2008, has suffered losses of about 4% so far, according to investors, a figure that would put it in the bottom 25% of comparable funds, according to Cambridge Associates.

Bain Capital Lowers Its Fees Gregory Zuckerman 2011

Jesse Armstrong and Sam Bain's student comedy is a well-observed, silly and occasionally poignant look at a mismatched student houseshare.

Catch up TV Guide: from Batman to Auntie Flo 2011

Bain's legal representative, Nicholas Ellis, referred to "what might be described as the parlous financial state" of Rangers.

Rangers owner Craig Whyte could profit from threat of administration 2011

Those papers, prepared as part of the former Rangers chief executive Martin Bain's unfair‑dismissal case and £1.3m compensation claim, cast doubts on the club's solvency if an upcoming tax tribunal goes against them.

Steven Whittaker keeps Firm focus despite leak of Rangers court papers 2011

Bain's investors say the lower fees reflect the fact that the firm's most recent funds have produced returns in line with competitors, making it harder to charge higher fees.

Bain Capital Lowers Its Fees Gregory Zuckerman 2011