PRIVATE CREDIT GROUP
Bain Capital Credit’s Private Credit Group evaluates investment opportunities across the spectrum in the middle market, or typically companies with $25-75M of EBITDA located in North America, Europe and Asia Pacific. With a dedicated global team of over 35 investment professionals, we can lead investments across the capital structure in senior secured first lien, second lien, subordinated debt, and preferred or common equity co-investments. Our dedicated global team affords us the ability to diligence the most complex situations and provide private capital to those companies. Bain Capital Private Credit Group assets under management is approximately $16 Billion.
BAIN CAPITAL OVERVIEW
Bain Capital, LP is one of the world’s leading private investment firms with approximately $185 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we’ve applied our insight and experience to organically expand into several asset classes including private equity, credit, public equity, venture capital and real estate. We leverage our shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, our global team aligns our interests with those of our investors for lasting impact.
KEY RESPONSIBILITIES
The person will be responsible for overseeing the finance and accounting functions for the Private Credit Strategy and will include:
Overall Ownership of certain funds within the Private Credit Strategy: Lead and manage financial reporting, assist in year-end audits, and quarterly reporting for certain private funds.
Collaborate with the Investor Product Team to prepare quarterly investor letters, ensuring timely completion and accuracy.
Team Management: Assist in the oversight of the internal operations and finance team, as well as manage relationships with third-party administrators.
Fund Review and Compliance: Conduct thorough reviews of funds across various jurisdictions, working closely with Legal, Tax and Compliance teams to understand complex investment structures and implications for fund reporting
Capital and Fees Oversight: Review capital allocation, incentive fees, and fund NAV, ensuring that the NAV package is accurate and complete.
Expense Management: Supervise and approve fund expenses and invoices, maintaining financial integrity and accountability.
Leadership and Development: Provide leadership and guidance to the finance team, promoting a culture of excellence, collaboration, and continuous improvement.
Industry Awareness: Stay informed about industry trends, market conditions, and changes in financial regulations to anticipate and address potential impacts on fund operations.
Stakeholder Engagement: Engage with auditors, administrators, and custodians to ensure that all fund-related aspects are handled correctly and professionally.
DESIRED BACKGROUND/EDUCATION
6-10 years’ experience at an Investment Advisor and/or public accounting role in a rigorous environment
Experience in asset management with direct lending and Mezz loan strategies and exposure to various jurisdictions is preferred.
Ability to prioritize responsibilities and work under deadlines
Self-starter with initiative and strong problem-solving skills
Strong interpersonal skills with capacity to interact with outside parties and personnel across all levels of the firm
Ability to decipher complex legal documents
Dedicated team player with a strong sense of ownership and follow-through skills
Exceptional analytical, quantitative, and communication skills are required.
Top academic (i.e., BS or BA from a well-regarded institution) as well as professional credentials including an MBA, CFA, or CPA are preferred.
Bain Capital is an equal opportunity employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.
