Bain Capital Credit

Bain Capital Credit was founded as Sankaty Advisors in 1998, applying Bain Capital’s rigorous private-equity analysis and diligence to credit investing. It is part of the broader Bain Capital platform and operates as a private partnership investing alongside limited partners.

The firm invests across liquid and illiquid credit, including leveraged loans, high-yield bonds, CLOs, structured credit, asset-based finance, distressed assets, bespoke capital solutions and private middle-market loans. Its Private Credit group provides senior secured and junior capital to mid-cap companies, while its liquid and structured-credit teams manage loan, bond and securitized-credit strategies.

Its strongest areas are broad credit-spectrum coverage, fundamental underwriting and middle-market direct lending. Bain Capital Credit’s 2025 private-credit activity included financing for leveraged buyouts, refinancings and add-on acquisitions across North America, Europe and Asia Pacific.