Bain Capital Closes $1.5B CLO Captive Equity Fund

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Bain Capital, a leading global private investment firm, has announced the closing of its third CLO (Collateralized Loan Obligation) captive equity fund at $1.5 billion. This latest fund brings Bain's total CLO assets under management to over $5 billion, solidifying its position as a major player in the CLO market.

Why it matters

CLOs have become an increasingly important part of the global credit markets, providing a way for investors to gain exposure to a diversified pool of corporate loans. Bain's ability to raise a sizable new CLO fund demonstrates the firm's expertise in this complex asset class and its continued appeal to institutional investors seeking yield in a low-interest rate environment.

The details

The new $1.5 billion CLO fund is Bain's third such vehicle, building on the firm's previous success in the CLO space. Bain has been actively investing in and managing CLOs since 2018, leveraging its deep credit expertise to identify attractive opportunities in the leveraged loan market.

• Bain Capital announced the closing of the $1.5 billion CLO fund on April 9, 2026.

What’s next

Bain Capital is expected to continue expanding its CLO platform as it seeks to capitalize on the growing demand for these structured credit products from institutional investors.