Bain raises at least $239 million for structured credit fund
Credit specialist Bain Capital Credit has raised at least $239.5 million for its structured credit fund , according to US SEC filings.

Kirkland brings in Bain lawyer as partner
Global law firm Kirkland & Ellis has added Bain Capital's in-house counsel Ranesh Ramanathan as corporate partner

Boston manager markets its second European CLO via JP Morgan
The manager is preparing its second CLO transaction in the European market, market sources say

US CLO round-up: triple A notes come in all different shapes and sizes
CLO triple As priced at varying levels this week with an 8.5bp gap between the tightest and widest prints

Bain prices first new issue CLO of the year
Bain Capital priced a $611.3 million new issue CLO yesterday, according to market sources.

Euro CLO round-up: Managers race to the bottom as spreads dip below 70bp
With the recent ruling in the US causing uncertainty, managers including Blackrock and Bain have been ensuring they’re risk retention compliant on both sides of the Atlantic. Meanwhile, European CLO spreads continue on a monumental rally

Los Angeles pension fund looks to renew US loans relationship with Bain
A $15.7 billion Los Angeles pension fund is looking to renew its contract with Bain Capital Credit, according to investment committee board documentation

Bain swoops for another portfolio in Italy
Bain Capital Credit has acquired yet another portfolio of assets from a European bank

Antares teams up with Bain for direct lending after LStar JV ends
The joint venture, to be named the Antares Bain Capital Complete Financing Solution, replaces Antares’ previous unitranche product, Middle Market Growth Program

Bain rebrands Dublin unit and applies for management license in Ireland
Dublin-based Broadhaven Credit Partners - launched as a JV between Bain and financier Dermot Desmond - will now operate as Bain Capital Credit

Bain takes new route to NPL acquisitions as it strikes deal with Liberbank
Bain, Oceanwood and Liberbank are taking part in an unusual NPL deal referencing €602 million of assets

Fund managers refocus sights on Italy in pursuit of NPL portfolios
Distressed debt specialists are shifting their attentions from one part of southern Europe to another, according to market sources

Griffin shifts BDC assets to credit fund managed by Bain
Griffin Capital Company has shifted assets from its Capital BDC into a closed-end credit fund, dropping Benefit Street Partners as subadvisor to those assets in the process

Bain trims costs on former Regiment CLO
Bain Capital Credit yesterday refinanced its Cavalry CLO IV via Morgan Stanley

Former Bain credit specialist joins North Wall as partner
North Wall added former Bain credit specialist Alexander Garnier to its ranks earlier this summer

Bain Capital raises $557 million for Asia credit fund
Bain Capital has held the first close of its Asia credit fund, known as Bain Capital Special Situations Asia – and has already raised $557 million for the fund

Bain prices CLO reset with $22.9 million equity injection
The manager teamed up with Citi yesterday to price the reset, according to market sources

Bain prices its first new issue European CLO of the year
The deal, which was arranged by Citi, will close on 12th October according to market sources

Marble Point makes the breakthrough with its first new issue US CLO
CLO investors have welcomed Marble Point Credit Management with open arms after the Greenwich-based asset manager made its “debut” in US CLOs

Bain buys Italian loan book to make it 17 NPL portfolio acquisitions
Bain Capital Credit’s European team has now invested over €2.2 billion in non-performing loan portfolio acquisitions since 2011

Bain adds almost €1 billion of Iberian non-performing loans to its AUM
Bain Capital Credit has announced that it has bought its first portfolio of non-performing loans in Portugal as well as making its ninth such acquisition from a Spanish bank

HSBC partners with Bain for landmark unitranche loan to UK firm
Bain Capital Credit and HSBC have partnered to extend a unitranche loan to environmental services firm Adler & Allan - the first deal of its kind for HSBC

Citi brings two five-year reinvestment CLOs for US managers
Citi brings two US CLOs with five-year reinvestment periods and split triple A tranches

Popular shortlists Apollo, Oaktree, BAML and Bain for rapid NPL sale
Spain’s Banco Popular is in talks with Apollo, Oaktree, Bank of America Merrill Lynch and Bain Capital about selling a portfolio of non-performing loans, according to Spanish newspaper Expansión

Bain makes double hire to its London office
Bain Capital Credit has raided two hedge fund managers for loans and distressed debt talent