Bain Capital

Wharton MBA PE/VC Club was thrilled to host David Gross, Co-Managing Partner at Bain Capital, for a fireside chat. David shared his inspiring journey, from his early days studying business at Wharton undergrad, to joining Bain Capital in 2000 and establishing Bain Capital’s Asia business. Now as Co-Managing Partner, David co-leads the firm’s global strategy, overseeing $185B in AUM. We discussed how his MBA experience equipped him with critical skills for his career, and the leadership qualities he finds essential in managing such a vast and diverse organization. His perspective on adapting to shifts in the private equity landscape and identifying trends gave us invaluable insight into the evolving industry. David also emphasized the importance of mentorship and maintaining Bain Capital's vibrant culture of collaboration and excellence. A huge thank you to David for taking the time to connect with our community and inspire the next generation of leaders. Your insights will have a lasting impact on all of us as we build our paths in private equity and venture capital!

Bain Capital Specialty Finance, Inc. (NYSE: BCSF) announced financial results for the third quarter ended September 30, 2024. It also declared a 4Q 2024 dividend of $0.42 and an additional dividend of $0.03 per share, which was announced earlier this year. “BCSF delivered another strong quarter of earnings driven by high net investment income, net asset value growth, and continued healthy credit performance,” said Michael Ewald, Chief Executive Officer of #BCSF. “We also had an active quarter of new origination activity supported by our dedicated Private Credit Group’s global and longstanding presence in the core middle market. Looking forward, we believe the Company remains well-positioned to capitalize on attractive investment opportunities.” https://lnkd.in/e5GyxZ5F

In a Q&A with 9fin, Angelo Rufino discussed the long-term, structural catalysts that create a compelling backdrop for our Special Situations strategy to bridge the gap between private credit and private equity. He highlighted our investments in IMS Nanofabrication and Virgin Australia as examples of this approach, demonstrating our ability to provide not just capital, but also substantial value throughout the investment process. He also shared thoughts on today’s opportunity set in Europe, our approach to distressed investing, and primary vs secondary market opportunities. Read the full Q&A here: https://lnkd.in/e74-wNqy

In Private Debt Investor's November 2024 issue, Barnaby Lyons and Andrew Schantz analyzed emerging demands and evolving market dynamics for direct lending and special situations across the APAC region. The joint interview provided insights on jurisdictional complexities and compelling opportunities for those willing to build scale and adapt to local idiosyncrasies. They shared how the region’s growing opportunities are fueling demand for tailored financing solutions that domestic banks often cannot meet. This gap has led to an underpenetrated private credit market in Asia, ripe for investment.    #BainCapital #DirectLending #SpecialSituations #APAC  

Founders are tenacious, innovative, and essential to moving the world forward. Together, we reimagine what’s possible. To help them reach their full potential, we bring the resources across our platform and insights from forty years of supporting founder-led businesses. We are honored be recognized for the work that inspires us by Inc. Magazine as ‘Top Founder-Friendly Investor’ for the fifth consecutive year. Check out the full list: https://lnkd.in/e5SNdkd9

AQ Compute - Data Centers, a European data center provider with sustainability at its core, is our latest thematic investment into sustainability tailwinds. Partnering with Aquila Group, who will retain a minority stake in the business, we recognize a significant opportunity to develop AQ Compute into a leading green data center platform for hyperscale and AI customers across Europe. Learn more here: https://lnkd.in/eKy4Uq9V #BainCapital #datacenters #ESG #AI

Throughout Bain Capital's forty-year history, we've entered new markets by building local teams with strong networks and a deep understanding of essential cultural and business nuances. This local focus, paired with a global perspective, allows us to apply industry insights and value-creation expertise to structure new businesses and solutions in these markets. In part two of his interview with Bain & Company's Dry Powder podcast, David Gross discusses how we've effectively implemented this strategy across Europe and Asia over the past two decades. He also highlights our successful partnerships with Skylark Holdings, Ltd. in Japan and Retail Zoo in Australia, which have benefited from our QSR experience with brands like Burger King, Dunkin', and Domino's Pizza. Listen here: https://lnkd.in/e2m2YJ8k

Our strategic investment announced today in The Openwork Partnership, one of the UK’s largest financial advice networks, will help propel market opportunities for growth, capitalizing on its unique market position. This partnership will leverage our combined strengths to grow the Openwork network, support adviser lifecycle and succession planning, and provide capital for member firms to invest in technology improving user experiences. #Bain Capital #strategicinvestment #financialadvice Read more here: https://lnkd.in/e-_vZEs9

Thanks to Scarlet Fu and Romaine Bostick, CFA for inviting me onto to Bloomberg’s The Close to discuss the evolution of private credit. As always, I enjoyed the opportunity to talk about the state of the market and what lies ahead. We established our Private Credit business more than 25 years ago and continue to focus our efforts on the core middle market, where we have invested over $25 billion across more than 520 portfolio companies since inception. Our disciplined approach prioritizes deep analysis over market timing and return generation over asset accumulation.

We are honored to be named Private Equity Manager of the Year by Insurance Asset Risk. This recognition highlights our team's success in partnering with insurance innovators to drive transformational change, create new platforms, and capitalize on key opportunities in the $27 trillion global insurance sector. Our team has conviction that the industry's vast scale, fragmentation, and complexity offer compelling opportunities to build and scale category-defining leaders across the insurance value chain. Read more about the award: https://lnkd.in/ecTy9qP7