The cornerstone of our investment philosophy is to seek to generate attractive risk-adjusted returns for our investors through rigorous due diligence at the industry, company and individual security level. We seek to maximize expected, not potential, return through fundamentals-driven, bottom-up security selection that leverages the depth and experience of our investment team.
Bain Capital Credit’s teams are structured into a network that enables us to respond to varied investment opportunities, regardless of region, industry or position in the capital structure, which increases the breadth of our pipeline. Our investment professionals are organized in teams of specialists based on either industry type or product type, which we believe enables us to field the optimal team to evaluate every deal.
Bain Capital Credit’s Liquid Credit strategies seek to identify relative value opportunities primarily across bank loans and high-yield bonds, with tactical allocations to other asset classes depending on a vehicle’s risk and liquidity objectives.
Our Structured Credit team provides extensive knowledge on Collateralized Loan Obligations (CLOs), combining a longstanding track record of structuring and management with a disciplined trading and investment approach.
The Private Credit group focuses on direct lending opportunities across the capital structure to companies globally with EBITDA ranging from $10 million to $150 million.
Our Distressed and Special Situations strategy’s breadth and flexible capital enable our funds to participate in a differentiated, global set of investment opportunities, including single-name corporate debt, capital solutions and rescue financings, and non-performing loan (“NPL”) portfolios.
Our Industry Research Group comprises industry-focused teams, each responsible for monitoring micro and macro trends and for reviewing and selecting attractively priced securities across the capital structures within their sectors. Based upon underlying industry drivers, teams are organized so as to provide local or global insights.
Bain Capital Credit deploys capital across a range of strategies with differing risk/return targets and varying vehicle structures. We offer commingled funds and separate accounts across a spectrum of liquidity parameters, asset exposures and geographic concentrations tailored to meet investors’ needs.
Taking a fundamental, bottom-up approach, we invest in senior-secured, floating-rate debt through long-only, open-ended commingled funds with monthly liquidity and through separate accounts focusing on the US, Europe or both.
We identify opportunities in liquid credit across bank loans, high-yield bonds and structured credit, tactically changing positioning based upon market conditions through open-ended commingled funds with monthly liquidity and through separate accounts. We seek to deliver attractive returns through the credit cycle with less volatility in this long-biased strategy. The total return-focused variation of this strategy includes higher yielding, less liquid opportunities.
Bain Capital Credit is a seasoned CLO manager and investor active in the North American and European new issue markets while also evaluating opportunities in CLO debt and equity on behalf of our funds and separate accounts.
We provide complete financing solutions to businesses with EBITDA between $10 million and $150 million. We lead or participate in senior, second lien and unitranche loans; subordinated debt; and preferred or common equity coinvestments for traditional leveraged buyout transactions and unsponsored refinancings. Bain Capital Credit manages commingled funds and separate accounts across global and regional mandates.
Our dedicated Distressed and Special Situations team sources, diligences and executes global opportunities in single-name corporate distressed debt and special situations arising from market dislocations, including NPLs and corporate portfolios from bank balance sheets.
Our robust platform allows us to develop customized portfolios with a high degree of flexibility for our partners looking to implement solutions within one asset class or geography, or across the spectrum of liquid and opportunistic credit.
Bain Capital Credit founded as Sankaty Advisors to apply successful models of analysis to credit investing
Bain Capital Credit employees work in thirteen offices worldwide
Invested across the full spectrum of credit strategies as of March 31, 2020