Bain Capital Credit

Bain Capital Credit, formerly known as Sankaty Advisors, stands as a prominent global credit specialist and one of the largest private managers of fixed income and credit assets. Established in 1998, the firm operates as an independently managed affiliate of Bain Capital, focusing exclusively on credit investments across various strategies. With approximately $58 billion in assets under management as of the first quarter of 2024, Bain Capital Credit deploys capital across the full credit spectrum, including leveraged loans, high-yield bonds, distressed debt, private credit, structured products, and non-performing loans.

The firm's investment approach is highly diversified, encompassing both performing and non-performing credit strategies. Their private credit arm provides direct lending solutions to middle-market and large-cap companies, offering flexible capital for growth, acquisitions, and recapitalizations. Additionally, Bain Capital Credit is a significant player in distressed debt and special situations, acquiring debt of companies in financial distress with the aim of restructuring or realizing value through recovery. Their deep analytical capabilities and global presence, with over 200 investment professionals, allow them to identify and execute complex credit opportunities across various industries and geographies.

Bain Capital Credit typically engages in substantial transactions, reflecting its institutional scale and focus on larger credit facilities. For direct lending and significant distressed debt positions, their initial commitments often range from tens to hundreds of millions of dollars. They are known for participating in and leading large syndicated credit facilities and acquiring substantial tranches of debt. The firm's long-standing track record and extensive resources position it as a key partner for companies seeking significant debt financing and for investors looking for exposure to sophisticated credit strategies.