Report|16 Dec 2025

Bain Capital Private Credit Surveillance Report

Company Profile

  • Bain Capital Private Credit (“BCPC” or “the company”) elected to be treated as a Business Development Company (“BDC”) and commenced operations in November 2023. BCPC is a non-traded, closed-end, non-diversified, continuously offered perpetual-life BDC headquartered in New York, NY. BCPC has elected to be treated, and intends to qualify annually, as a regulated investment company (“RIC”) for federal tax purposes.
  • The company is externally managed by BCPC Advisors, LP (“Adviser”), a subsidiary of Bain Capital Credit (“BCC”), which is an asset manager focused on private credit strategies. BCC is a wholly owned subsidiary of Bain Capital, LP (“Bain Capital”), which was founded in 1984 and had $205 billion AUM (June 30, 2025).
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