Bain Capital

SEO (Sponsors for Educational Opportunity) continues to play a critical role in expanding access to careers in finance and shaping the next generation of leaders. We were proud to again participate in SEO’s recent Alternative Investment Conference, where Rafael Mason moderated a panel with leaders across the private investment industry. The conversation blended practical advice with broader reflections on mentorship, resilience, leadership, and the importance of staying curious. Thank you to SEO and all of the panelists for a thoughtful and engaging conversation.

European credit investors are having to adapt their playbooks in real time as liability management exercises continue to reshape leveraged finance. At FT Live’s 2026 Euro CLOs conference, Marc Touboul discussed how the market is evolving, from the growing scrutiny on cooperation agreements to the ways LME dynamics in Europe compare with the US. The conversation also explored the practical tools available to CLO managers as credits deteriorate, including how investors can position themselves to reduce the risk of being disadvantaged in stressed situations. For market participants, the message is clear: preparation, documentation analysis, and active engagement matter more as these situations become more frequent and more complex.

In today’s volatile markets, value creation remains a cornerstone of private equity success, with the focus for portfolio performance shifting to operational execution and transformation strategies. Recently, Nigel Walder participated in a panel of industry specialists, moderated by Gonzalo Temes, to discuss how private equity firms can adapt to these evolving challenges. The discussion highlighted the importance of aligning operational improvements with strategic goals to navigate market uncertainties effectively. Looking ahead, while the 2026 outlook is cautiously optimistic, there are encouraging signs of improving deal flow and more active exit markets. 

At Bain Capital, partnership means working alongside strong businesses with trusted brands, deep client relationships and long-term growth potential to help them realize their full potential. Our Private Equity team in Australia announced this week an agreement to acquire Perpetual Wealth Management, a leading Australian-based wealth management business. With AU$21.9 billion in Funds under Advice as of December 31, 2025, and a heritage spanning more than 135 years, the business provides strategic advice and a broad range of services to clients across Australia. This investment reflects our conviction in the Australian wealth sector, which is supported by long-term demand for trusted advice, rising household wealth and significant intergenerational wealth transfer. Learn more here: https://lnkd.in/eAeFPdbx

Reliable venting and air quality systems are essential to how homes and buildings operate, and demand continues to grow as standards for safety, efficiency, and performance evolve. We’re partnering with Duravent Group, a leader in venting and air movement solutions with more than a century of engineering expertise and a strong portfolio of trusted brands. The company’s focus on quality, innovation, and customer relationships has made it a valued partner to HVAC professionals across North America. Our Special Situations team will work alongside Duravent leadership team and Egeria to support the company’s next phase of growth. We look forward to building on Duravent’s strong foundation and supporting continued expansion across its platform. Learn more:https://lnkd.in/exhVA4dZ

26.2 miles for global literacy. On March 1, 20 colleagues from around the world completed the 2026 Tokyo Marathon in support of Room to Read. The team raised nearly $110,000 to advance literacy and expand educational opportunities, supporting the mission to transform the lives of children in under-resourced communities. Room to Read helps school children develop strong reading skills and build the durable skills they need to succeed in school and beyond. Through partnerships with local communities and governments, they provide the foundation for long-term educational success. Congratulations to our runners and generous donors for their commitment, teamwork, and meaningful impact.

We’re excited to welcome Michael Horowitz to our North America Special Situations team to lead healthcare investing. For more than four decades, we have invested across the healthcare sector, supporting companies that improve patient care and drive better outcomes across the entire value chain. Michael’s arrival strengthens our ability to pair sophisticated transaction design with deep, partnership-driven operating expertise. By leveraging our integrated platform—which unites investors, physicians, PhDs, and veteran operators—we bring a unique depth of insight to the healthcare landscape. From biotechnology and pharmaceuticals to the technology solutions that support the ecosystem, we coordinate across our teams to source unique opportunities and tailor hybrid capital solutions. This is a significant step in our mission to partner with leading healthcare businesses that drive better outcomes at a lower cost. Please join us in welcoming Michael.

Angelo Rufino recently joined Bloomberg’s CreditEdge podcast for a timely discussion on the expanding breadth of credit markets and growing opportunity set in asset-based finance. This is a strategy we have pursued for more than a decade. As assets migrate from bank balance sheets into private markets - from aviation and commercial real estate to music royalties and healthcare - the addressable market grows in both scale and diversity. What creates value is the combination of structuring expertise, deep sector knowledge, and active partnership. We bring our full platform to these opportunities, coordinating across Credit, Special Situations, Insurance, and our entire platform to source transactions, design hybrid capital solutions, and partner with operators. That approach enables us to tailor financing across the capital stack and to convert durable cash flows into long-term platforms. Listen to the full conversation here: https://lnkd.in/e3G5VvuK

Modern prescribing still loses cost and coverage information after the visit. That gap creates waste, delays, and friction for patients and care teams.   Our Tech Opportunities team led the investment to bring DoseSpot and Arrive Health together as Interra Health. By embedding ePrescribing and surfacing real-time pharmacy benefit intelligence at the point of care, clinicians and patients can make informed choices before they leave the exam room. That timing improves adherence, reduces administrative work, and makes manufacturer support more effective.   Josh and Kyle have the domain expertise and customer relationships to execute that vision. We look forward to supporting the entire Interra Health team as they accelerate integrations, expand customer adoption, and drive better outcomes.   This transaction is symbolic of our ability to combine two compelling, innovative companies to create a durable industry leader. It also builds on our firmwide experience investing in the growth of HCIT platforms that drive benefits across the healthcare value chain.

As private credit evolves, asset-backed finance is moving from niche to necessary. Investors are spending more time on cash flow quality, structural protections, and downside resilience, not just yield.   In the latest edition of Private Debt Investor, John Wright discusses what we’re seeing across the ABF landscape, including how activity is developing in areas such as music royalties and other contractual cash flow assets.   The conversation also reflects a broader point about capability. Our credit platform combines specialist underwriting and structuring with deep sourcing networks and the ability to draw on expertise across strategies, including situations where complexity calls for capital solutions experience.