Bain Capital

Strategies

Bain Capital Credit invests capital across a range of strategies with differing risk/return targets and varying vehicle structures. Our investment process integrates a top-down perspective—assessing macroeconomic trends, credit cycles, and relative value across markets—with bottom-up security selection and portfolio construction, ensuring that allocations are both strategically positioned and grounded in fundamental analysis.

We offer commingled funds, separately managed accounts, and registered funds across a spectrum of liquidity parameters, asset exposures, and geographic concentrations tailored to meet investors’ needs.

CLO Management

We structure, issue, and manage CLOs across US and European markets. We employ thoughtful risk management, leverage distinctive sourcing relationships, and an active trading approach to construct diversified CLO portfolios. We offer multiple vehicles to access our CLO management capabilities, through direct investments and committed equity vehicles, which provide systematic and diversified exposure to the asset class.

Strategy inception

1999

Vehicles offered

Separate Accounts and Closed-End Vehicles

Global Bank Loans

Taking a fundamental, bottom-up approach, we focus on high-quality loan opportunities across global markets. Our investment philosophy emphasizes strong underwriting, deep credit research, and portfolio diversification targeting attractive risk-adjusted returns.

Strategy inception

2001

Vehicles offered

Separate Accounts and Commingled Funds

Multi-asset Credit

In our more liquid strategies, we dynamically allocate across multiple credit asset classes. We seek to capitalize on market dislocations, generate consistent returns, and preserve capital through disciplined risk management and active portfolio rotation.

Strategy inception

2009

Vehicles offered

Separate Accounts and Commingled Funds

Asset-based Finance & Structured Credit

With deep structured credit and asset-backed expertise, we leverage our global platform to capture sourcing and structuring advantages across market cycles. We invest in high-quality, cash-flowing collateral and apply sector-specific insight to enhance underwriting across CLO, ABF, and corporate-backed structured credit strategies. Focus areas include CLOs, digital infrastructure, transportation, real estate, consumer, and specialized credit markets.

Strategy inception

2013

Vehicles offered

Separate Accounts and Commingled Funds

Global Direct Lending

Our Global Direct Lending strategy seeks to invest primarily in middle market direct lending opportunities in North America, Europe, and Australia, and also in other geographic markets. Our primary investment focus is senior secured debt, including first lien debt and second lien debt. We also have dedicated Asia Direct Lending and European Direct Lending strategies.

Strategy inception

1998

Vehicles offered

Private Funds, Separate Accounts, 1940 Act BDC, and Rated Note Feeder

Middle Market Credit

Our Middle Market Credit strategy focuses on providing valuable, differentiated financing solutions across the capital structure in North America, Europe, and Australia, and also in other geographic markets. Our primary investment focus is on mezzanine/private placement junior capital investments, preferred and common equity, and senior debt investments.

Strategy inception

2010

Vehicles offered

Private Funds, Separate Accounts