Bain Capital, LP and BGH Capital are believed to be gunning for JELD-WEN Holding, Inc. (NYSE:JELD), with the two private equity firms understood to have lobbed bids for the $1 billion Australian and New Zealand operations of the window and door manufacturer. Pacific Equity Partners and Crescent Capital Partners Management Pty Ltd. are sidestepping the auction after initially taking a look. Fletcher Building Limited (NZSE:FBU) also opted not to bid.