The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.

BDC portfolio

Bain Capital Private Credit

BDCnon-tradedCIK 1899017file 814-01474BOSTON, MAmanaged by BCPC ADVISORS, LP
Fair value
$2.2B
as of Jun 30, 2026
Principal held
$2.1B
debt pieces, the filer's figure
Cost
$2.2B
100c on cost
Unfunded
n/a
commitments not yet drawn
Positions
429
200 borrowers
First lien
85%
96% debt by fair value
Quarters on the tape
11
since Dec 31, 2023
Facilities held
380
27 sponsors financed
Portfolio through time
Fair value by quarter end$2.2B as of Jun 30, 2026
Jun 30, 2023$646,250 then
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2026$2.2B200100c21521 bp
Mar 31, 2026$1.8B178100c25515 bp
Dec 31, 2025$2.3B162100c37518 bp
Sep 30, 2025$1.4B14898c23522 bp
Jun 30, 2025$1.2B141100c18507 bp
Mar 31, 2025$917M130100c14502 bp
Dec 31, 2024$828M8999c11558 bp
Sep 30, 2024$518M74100c6571 bp
Jun 30, 2024$353M52100c4550 bp
Mar 31, 2024$313M49100c3540 bp
Dec 31, 2023$212M19100c2614 bp
Sep 30, 2023$1.2M1n/a0n/a
Jun 30, 2023$646,2501n/a0n/a

Each quarter end is the schedule as filed for that instant; a restated year end is taken from the latest filing that carries it.

Sponsors financed
No borrower on this schedule has a sponsor attribution yet.

Counted at BDC level here; the adviser page counts across every BDC it manages. A sponsor named by Form D signer consensus is an inference.

What changed
Every position change, including routine ones
Largest facilities held, with co-lenders
Schedule of investments at Jun 30, 2026
429 positions
BorrowerInstrumentPrincipalFair valueRateMaturity
Vehicles Bain Capitalterm loan unsecured or subordinated$92.7M$92.7M
100c
10.00%Dec 24, 2036
Sports Operating Holdings II, LLC
Media: Advertising, Printing & Publishing
term loan first lien$68.0M$67.6M
100c
SOFR+525 bpJun 30, 2032
Accelevation LLC
Capital Equipment
term loan first lien$60.9M$60.0M
100c
SOFR+525 bpJan 2, 2031
SauceCo HoldCo, LLC
Beverage, Food & Tobacco
term loan first lien$48.6M$48.6M
103c
SOFR+575 bpMay 13, 2030
Kids2, LLC
Consumer Goods: Durable
term loan first lien$48.5M$48.1M
100c
SOFR+600 bpApr 14, 2031
Chase Industries, Inc
Construction & Building
term loan first lien$38.6M$38.2M
100c
SOFR+500 bpNov 12, 2029
ORBCOMM Inc.
High Tech Industries
term loan first lien$36.2M$35.9M
100c
SOFR+525 bpApr 27, 2032
INW Manufacturing, LLC
Beverage, Food & Tobacco
term loan first lien$35.7M$35.2M
99c
SOFR+575 bpJan 23, 2031
G-3 Frax Acquisition LLC
High Tech Industries
term loan first lien$34.7M$34.1M
99c
SOFR+600 bpJan 30, 2032
HG Insights, Inc.
High Tech Industries
term loan first lien$34.0M$33.5M
100c
SOFR+750 bpJun 16, 2031
Lindstrom, LLC
Metals & Mining
term loan first lien$32.5M$32.4M
101c
SOFR+550 bpDec 30, 2032
STAX Engineering, LLC
Environmental Industries
term loan first lien$32.6M$32.2M
100c
SOFR+650 bpJun 20, 2033
Wasabi Technologies LLC
High Tech Industries
term loan first lien$31.5M$30.9M
100c
SOFR+650 bpApr 8, 2031
FIRE: Real Estate 1375 Owner LLCterm loan first lien$31.0M$30.8M
100c
SOFR+450 bpFeb 1, 2029
Shennong Buyer, Inc.
Beverage, Food & Tobacco
term loan first lien$28.7M$28.6M
100c
SOFR+500 bpMay 6, 2033
Elevation NewCo, LLC
Metals & Mining
term loan first lien$28.5M$28.5M
101c
SOFR+575 bpAug 1, 2031
CorePower Yoga, LLC
Services: Consumer
term loan first lien$28.3M$28.3M
100c
SOFR+525 bpApr 30, 2031
Orchard Park BidCo, Inc.
Consumer Goods: Non-Durable
term loan first lien$27.1M$26.9M
100c
SOFR+500 bpApr 21, 2033
Pricelabs Revenue Inc.
High Tech Industries
term loan first lien$27.2M$26.9M
100c
SOFR+475 bpMar 17, 2033
Phlur LLC
Consumer Goods: Non-Durable
term loan first lien$26.7M$26.6M
100c
SOFR+525 bpMay 3, 2032
KAMC Holdings, Inc.
Utilities: Electric
term loan first lien$25.8M$25.3M
99c
SOFR+525 bpAug 1, 2031
Owl Acquisition, LLC
Media: Diversified & Production
term loan first lien$23.1M$22.0M
96c
SOFR+475 bpApr 17, 2032
CRH Healthcare Purchaser, Inc.
Healthcare & Pharmaceuticals
term loan first lien$22.1M$22.0M
100c
SOFR+525 bpSep 17, 2031
CWS Holdings I-A Corp.
Services: Consumer
subordinated debt unsecured or subordinated$20.9M$20.5M
100c
16.50%
PIK 16.50%
Jul 19, 2030
Awayday
Hotel, Gaming & Leisure
term loan first lien$20.5M$20.5M
101c
SOFR+525 bpMay 6, 2032
DTIQ
Services: Business
term loan first lien$20.9M$20.5M
99c
SOFR+750 bpSep 30, 2029
FIRE: Real Estate FBWS Development Senior LLCdelayed draw term loan first lien$20.5M$20.4M
100c
SOFR+325 bpMar 16, 2029
ACAMS
Services: Business
term loan first lien$20.4M$20.3M
100c
SOFR+500 bpDec 30, 2031
Bridger Aerospace Group Holdings, Inc.
Aerospace & Defense
term loan first lien$20.3M$20.1M
100c
SOFR+600 bpOct 28, 2030
Monarch Collective Holdings, LLC
Services: Consumer
term loan first lien$19.8M$19.6M
99c
SOFR+500 bpMar 17, 2032
Plaskolite PPC Intermediate II LLC
Chemicals, Plastics & Rubber
term loan first lien$19.7M$19.3M
99c
SOFR+400 bp
PIK 4.00%
May 9, 2030
Heads Up Technologies, Inc.
Aerospace & Defense
term loan second lien$18.8M$18.8M
100c
SOFR+825 bpJul 23, 2031
Harbor IT, LLC
High Tech Industries
term loan first lien$18.6M$18.4M
99c
SOFR+500 bpMar 13, 2031
Heads Up Technologies, Inc.
Aerospace & Defense
term loan first lien$17.9M$17.9M
100c
SOFR+525 bpJul 23, 2030
Humic Acquisition Holdings, LLC
Environmental Industries
term loan first lien$18.0M$17.8M
99c
SOFR+575 bpOct 21, 2031
WhiteWater Express
Services: Consumer
subordinated debt unsecured or subordinated$17.9M$17.8M
100c
14.00%
PIK 14.00%
Mar 31, 2031
USME Holdco LLC
Healthcare & Pharmaceuticals
subordinated debt unsecured or subordinated$17.8M$17.5M
98c
17.00%
PIK 17.00%
May 26, 2031
TL Sapphire Parent, Inc.
Construction & Building
term loan first lien$17.0M$16.9M
99c
SOFR+500 bpJan 24, 2033
Morrow Sodali
Services: Business
term loan first lien$16.6M$16.6M
100c
SOFR+500 bpOct 25, 2029
AQPI Investors LP
Beverage, Food & Tobacco
preferred equity equity$16.1M$16.0M
99c
Allo Holdco Borrower LLC
Telecommunications
subordinated debt unsecured or subordinated$15.8M$15.6M
100c
15.50%
PIK 8.00%
Apr 16, 2032
HLSG Intermediate, LLC
Services: Business
term loan first lien$15.1M$15.0M
100c
SOFR+475 bpFeb 2, 2033
Chartbeat
High Tech Industries
subordinated debt unsecured or subordinated$14.7M$14.3M
98c
16.00%
PIK 16.00%
Oct 4, 2030
Summer Fridays, LLC
Consumer Goods: Non-Durable
term loan first lien$13.8M$13.7M
100c
SOFR+525 bpMay 16, 2031
Apollo Intelligence
Healthcare & Pharmaceuticals
term loan first lien$13.3M$13.2M
99c
SOFR+575 bpJun 1, 2028
Substantial Holdco Limited
Telecommunications
delayed draw term loan first lien$9.8M$13.0M
99c
12.00%
PIK 4.00%
Apr 20, 2030
AEG Vision
Healthcare & Pharmaceuticals
delayed draw term loan first lien$12.9M$12.9M
101c
SOFR+590 bpMar 27, 2027
Varo ESI Buyer, LLC
Aerospace & Defense
term loan first lien$13.0M$12.9M
100c
SOFR+550 bpMay 10, 2032
Zeus Fire & Security
Construction & Building
delayed draw term loan first lien$12.6M$12.6M
100c
SOFR+500 bpDec 11, 2030
masLabor
Services: Business
term loan first lien$12.0M$11.9M
100c
SOFR+550 bpApr 5, 2032
CPK IPCO Buyer LLC
Beverage, Food & Tobacco
subordinated debt unsecured or subordinated$12.1M$11.9M
100c
12.00%Dec 22, 2031
Discovery Senior Living
Services: Business
term loan first lien$11.4M$11.3M
100c
SOFR+500 bpMar 18, 2030
Lightspeed Buyer, Inc.
Healthcare & Pharmaceuticals
term loan first lien$11.3M$11.2M
100c
SOFR+475 bpFeb 6, 2032
Caregiver
Healthcare & Pharmaceuticals
subordinated debt unsecured or subordinated$11.3M$11.2M
100c
16.50%
PIK 16.50%
Jan 1, 2030
Alogent Holdings, Inc.
Services: Business
term loan first lien$11.4M$11.1M
99c
SOFR+650 bpJan 21, 2032
PayRange
High Tech Industries
term loan first lien$11.0M$11.0M
100c
SOFR+500 bpOct 31, 2030
V Global Holdings LLC
Chemicals, Plastics & Rubber
term loan first lien$11.7M$11.0M
94c
SOFR+590 bpDec 22, 2027
FIRE: Finance PMAterm loan first lien$10.8M$10.8M
101c
SOFR+475 bpJan 31, 2031
Galanthus Group Holdings, Limited
High Tech Industries
term loan first lien$10.4M$10.3M
100c
SOFR+550 bpDec 24, 2031
Galanthus Group Holdings, Limited
High Tech Industries
term loan first lien$7.9M$10.3M
98c
//www.baincapital.com/20260630#Sterling Overnight Index Average+550 bpDec 24, 2031
OGH Bidco Limited
Media: Advertising, Printing & Publishing
term loan first lien$8.1M$10.0M
98c
//www.baincapital.com/20260630#Sterling Overnight Index Average+650 bpJun 29, 2029
Cube
Services: Business
delayed draw term loan first lien$9.8M$9.8M
100c
SOFR+300 bp
PIK 4.12%
May 21, 2031
AEG Vision
Healthcare & Pharmaceuticals
term loan first lien$9.8M$9.8M
101c
SOFR+590 bpMar 27, 2027
Blackbird Purchaser, Inc
Wholesale
term loan first lien$9.6M$9.6M
100c
SOFR+575 bpDec 19, 2030
FIRE: Finance Legacy Corporate Lending HoldCo, LLCpreferred equity equity$9,000$9.3M
116c
Psychiatric Medical Care LLC
Healthcare & Pharmaceuticals
term loan first lien$9.3M$9.2M
100c
SOFR+475 bpJul 1, 2032
Easy Ice
Services: Business
term loan first lien$9.1M$9.1M
101c
SOFR+540 bpOct 30, 2030
Gulf Winds International
Transportation: Cargo
term loan first lien$9.8M$9.1M
94c
SOFR+600 bp
PIK 1.00%
Dec 16, 2028
EXT Acquisitions, Inc.
Capital Equipment
term loan first lien$9.0M$9.0M
100c
SOFR+525 bpDec 19, 2031
Vacation Rental Brands, LLC
Hotel, Gaming & Leisure
term loan first lien$9.0M$9.0M
101c
SOFR+525 bpMay 6, 2032
Humic Acquisition Holdings, LLC
Environmental Industries
delayed draw term loan first lien$9.1M$9.0M
99c
SOFR+575 bpOct 21, 2031
Appriss
High Tech Industries
term loan first lien$8.8M$8.8M
101c
SOFR+500 bpMar 10, 2031
Vasa Fitness Buyer, Inc.
Services: Consumer
term loan first lien$8.7M$8.6M
100c
SOFR+635 bpAug 15, 2030
Access
High Tech Industries
term loan first lien$6.5M$8.6M
106c
//www.baincapital.com/20260630#Sterling Overnight Index Average+525 bpJun 28, 2029
AeriTek Global CAD Acquisition Inc.
Capital Equipment
term loan first lien$8.4M$8.3M
100c
SOFR+675 bpAug 27, 2030
Hempz
Consumer Goods: Non-Durable
term loan first lien$8.3M$8.2M
99c
SOFR+525 bpOct 25, 2029
EHE Health
Healthcare & Pharmaceuticals
term loan first lien$8.2M$8.1M
100c
SOFR+550 bpAug 7, 2030
ASP-r-pac Acquisition Co LLC
Containers, Packaging & Glass
term loan first lien$8.0M$8.0M
100c
SOFR+525 bpDec 31, 2030
Superna Inc.
High Tech Industries
term loan first lien$8.0M$8.0M
101c
SOFR+650 bpJun 12, 2028
Vasa Fitness, LLC
Services: Consumer
delayed draw term loan first lien$8.1M$8.0M
99c
SOFR+635 bpAug 14, 2030
RetailNext
High Tech Industries
term loan first lien$8.0M$7.9M
100c
SOFR+700 bpDec 5, 2030
Mecp1 Reno 1, LLC
Telecommunications
delayed draw term loan first lien$9.3M$7.8M
99c
SOFR+375 bpDec 18, 2028
RoadOne
Transportation:Cargo
term loan first lien$7.7M$7.6M
100c
SOFR+675 bpDec 29, 2028
Vatica Health, Inc.
Healthcare & Pharmaceuticals
term loan first lien$7.6M$7.6M
101c
SOFR+425 bpOct 29, 2032
AEG Vision
Healthcare & Pharmaceuticals
delayed draw term loan first lien$7.5M$7.5M
101c
SOFR+590 bpMar 27, 2027
BCC CPK Investments 2, LP
Beverage, Food & Tobacco
equity equity$7.4M$7.4M
100c
Chex Finer Foods, LLC
Wholesale
term loan first lien$7.3M$7.3M
101c
SOFR+575 bpJun 6, 2031
WSHP Cottonwood Buyer, LLC
Healthcare & Pharmaceuticals
term loan first lien$7.2M$7.1M
100c
SOFR+500 bpDec 20, 2032
Vehicles Bain Capitalterm loan unsecured or subordinated$2.3M$7.0M
96c
HLSG Intermediate, LLC
Services: Business
delayed draw term loan first lien$6.9M$6.9M
99c
SOFR+475 bpFeb 2, 2033
New Milani Group LLC
Consumer Goods: Durable
term loan first lien$6.8M$6.8M
101c
SOFR+475 bpJun 26, 2031
Chex Finer Foods, LLC
Wholesale
delayed draw term loan first lien$6.7M$6.7M
100c
SOFR+575 bpJun 6, 2031
FIRE: Insurance Comet BidCo Limitedterm loan first lien$6.8M$6.7M
99c
SOFR+500 bpJan 30, 2032
RedMed Operations (Collage Rehabilitation)
Healthcare & Pharmaceuticals
term loan first lien$6.7M$6.7M
100c
SOFR+500 bpFeb 28, 2031
Hollywood LP
Services: Business
preferred equity equity$5.0M$6.6M
102c
New Gen Holding
High Tech Industries
term loan first lien$5.7M$6.5M
101c
EURIBOR+300 bp
PIK 4.25%
May 28, 2031
Chartbeat
High Tech Industries
subordinated debt unsecured or subordinated$6.6M$6.4M
98c
16.00%
PIK 16.00%
Oct 4, 2030
Utimaco
High Tech Industries
term loan first lien$5.6M$6.3M
105c
EURIBOR+575 bpMay 14, 2029
Caregiver
Healthcare & Pharmaceuticals
subordinated debt unsecured or subordinated$6.3M$6.2M
99c
16.50%
PIK 16.50%
Jan 1, 2030
Ally Waste Services Intermediate, LLC
Services: Business
subordinated debt unsecured or subordinated$6.3M$6.2M
100c
14.50%
PIK 14.50%
Dec 1, 2032
Page 1 of 5Next
Registration
Fiscal year end
1231reported
Incorporated
DEreported
On the SEC BDC report
2022 to 2026reported
Filings listed
15reported10-Q and 10-K since 2022
Latest schedule
0001193125-26-349812reported