Bain Capital Credit LP has closed Bain Capital Middle Market Credit 2022 with over $1 billion in total commitments.
MMC 22 is the latest and fourth vintage fund within Bain Capital Credit’s flagship strategy for investing across the capital structure, including mezzanine or subordinated debt tranches, second lien debt, preferred and equity investments and senior debt investments of middle market businesses.
“As the high interest rate environment has constrained traditional senior lenders, we are seeing more opportunities for thoughtful, tenured lenders that can provide differentiated financing solutions,” says Michael Ewald, a partner and global head of the private credit group. “We believe our strategy is increasingly attractive in the current environment given the Fund’s flexible capital base and look forward to continuing to serve as a full capital solutions partner for sponsors and management teams.”