HedgeMountain

Bain Capital Credit, LP

Boston, MA · CRD 134852
Hedge fund manager

Bain Capital Credit, LP is an SEC-registered investment adviser based in Boston, MA that reports managing 85 hedge funds on Form ADV. It reports $76.3 billion in regulatory assets under management. Its private funds, of all types, hold $68.6 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated -5.8% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated -24.1% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.

Regulatory assets under management
$76.3 billionForm ADV Item 5.F
Gross assets of private funds
$68.6 billionAll private fund types, Form ADV
Hedge funds managed
85158 private funds in total
Employees
682Form ADV Item 5.A
Registration
SEC-registered adviserCRD 134852
Latest Form ADV
08/17/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2026 YTD-5.8%Through Q2 2026 · S&P 500 +9.5%
Est. 2-year return-24.1%Q3 2024 – Q2 2026
S&P 500+37.2%Same quarters, price only
13F holdings$367.9 million6 positions, 2026-06-30
$75$106$137Q3 2024Q1 2025Q3 2025Q1 202613F est. $76S&P 500 $137
QuarterEst. 13F returnS&P 500
Q2 2026+1.1%+14.8%
Q1 2026-6.9%-4.6%
Q4 2025-1.3%+2.4%
Q3 2025-3.8%+7.8%
Q2 2025-8.5%+10.4%
Q1 2025-4.4%-4.5%
Q4 2024+0.4%+2.1%
Q3 2024-3.4%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • Bain Cap Specialty Fin Inc Com STK$148.0 million
  • Ishares Iboxx High YLD Corp$126.2 million
  • Invesco Exchange Traded FD TR$80.9 million
  • Ambac Finl Group Inc$6.9 million
  • Algoma STL Group Inc$3.3 million
  • SPDR Blackstone / Gso Senior$2.4 million

As of 2026-06-30, from 13F filing by Bain Capital Credit, LP.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures