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 BDC headquartered in New York, NY. BCPC provides capital primarily in the form of senior secured first lien debt, largely to core middle-market U.S. companies. 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, 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 $185 billion AUM (June 30, 2024).