- 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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