Bain Capital

Bain Capital is reportedly exploring the sale of up to a 70% stake in Bridge Data Centers (BDC), a move driven by surging AI infrastructure demand. Citigroup and JPMorgan are managing the process. This follows Bain’s prior divestment from Chindata and underscores the strong investor appetite for data centers as the “picks and shovels” of the AI revolution, offering predictable revenue streams. BDC operates across Asia and plans significant expansion, including AI-focused development in Singapore.