advertisement

Bain Capital is stepping up private equity deals in Japan, bringing its investment tally to more than $40 billion as the buyout giant boosts its presence in the worlds third-largest economy. 

The US firm is on a buying spree, sealing a multi-billion dollar deal last month to acquire

Hitachi Ltd.s metals unit, while it is involved in a bidding war for

advertisement

Toshiba Corp. Bain is also hiring more people in Japan as it prepares to open an office in Osaka home to a number of high-profile technology companies.