Bain Capital To Raise $4B For Special Situations Fund: Report

  • Bain Capital reportedly plans to raise $4 billion for a new global "special situations fund" to snap up distressed investments in various asset classes.
  • The financial services firm has already raised about $2 billion for the new fund, Reuters reported, citing two people familiar with the matter.
  • The report added that the firm is expected to close the fund by the end of the year.
  • Bain Capital Specialty Finance, Inc.  BCSF is scheduled to report its first quarter of FY23 on May 9, 2023. BCSF is managed by BCSF Advisors, L.P., an SEC-registered investment adviser and a subsidiary of Bain Capital Credit, L.P.
  • Price Action: BCSF shares are trading flat at $11.36 in the premarket session on the last check Monday.
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BCSFBain Capital Specialty Finance Inc
$15.05-1.63%

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