Bain Capital Credit score invested roughly $2bn (£1.59bn) into center market and personal equity-backed corporations in 2023, the corporate has revealed.
The personal credit score group invested in 58 companies throughout 34 industries final yr. The cash was used to help refinancing, leveraged buyouts and add-on acquisition exercise.
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Thus far, Bain Capital Credit score has invested greater than $22bn throughout greater than 475 portfolio corporations.
“We proceed to search out differentiated funding themes that allow us to leverage our greater than 25 years of in-house business experience in help of the expansion of center market sized corporations,” mentioned Michael Ewald, a companion and international head of the personal credit score group.
“We proceed to view the core center market as a pretty and extremely fragmented market and consider we’re well-positioned to capitalize on alternatives via our longstanding senior direct lending and junior capital methods whereas serving as a collaborative companion to prime quality, growth-minded administration groups and personal fairness sponsors.”
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Bain Capital Credit score’s personal credit score group gives financing options to companies which have a income of between $10m and $150m, and are situated in North America, Europe or Asia Pacific.
Final yr, the corporate served as a majority lender to over 60 per cent of latest commitments. It additionally closed on $1.5bn of latest capital for investments.
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