Analyst/Associate, Private Credit
With approximately $185 billion of assets under management, Bain Capital is one of the world’s leading private investment firms. We create lasting impact for our investors, teams, businesses, and the communities in which we live. Over four decades we have strategically grown our platform to focus on Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. Today, our team includes 1,880+ employees in 24 offices on four continents.
Bain Capital Credit Overview
Bain Capital Credit is a leading global credit specialist with approximately $51 billion in assets under management as of September 30, 2024. We invest across the full spectrum of credit strategies, including leveraged loans, high-yield bonds, direct lending, structured products, non-performing loans, and equities. Through our numerous funds, we have the ability to invest in every level of a company’s capital structure from secured debt to equity, and we can also provide capital to growing companies with unique financing needs.
Our investment process is characterized by detailed business and financial analysis and a culture of vigorous debate. We combine a consulting-based approach to industry, competitor, and business analysis with an in-depth examination of a target company’s financial performance and capital structure. Our goal is to select the best industries, the best companies, and the best relative value among the many securities each company offers.
Bain Capital Credit has a world-class team of over 100 investment professionals with extensive experience analyzing and managing high-yield investments.
Private Credit Group Overview
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 35+ investment professionals, we are actively looking to lead or participate in senior, second lien and unitranche loans; subordinated debt; and preferred or common equity co-investments for traditional leveraged buyout transactions and non-sponsored financings. We place considerable emphasis on investing in leading companies with talented management teams and aim to provide a tailored solution to every unique opportunity by having considerable flexibility when structuring terms. We can hold up to $200 million in any middle market transaction and can grow with a borrower into a broadly syndicated structure through our liquid credit strategies.
The Private Credit Group is currently hiring an Associate to join our North American deal team in our Boston or Chicago office. Our deal teams spend their time reviewing investment opportunities, conducting due diligence, preparing investment recommendations, and monitoring our portfolio of investments. Team members interact regularly with the Investment Committee and Portfolio Management teams to communicate and refine their recommendations.
Responsibilities Include:
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Conduct company and industry research, including reviewing data rooms and speaking with experts in the industry
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Perform cash flow modeling and assess various risk scenarios for potential investment opportunities
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Develop underwriting memorandums and supporting analyses
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Present investment recommendations to internal investment committees and act as a thought partner to senior team
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Monitor the performance of existing investments and provide detailed updates to team and portfolio managers
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Interact with teams throughout Bain Capital Credit across different offices, senior management of companies and other market participants (e.g. bankers, traders, advisers, private equity funds and other buyside investors)
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Learn and adopt the firm’s straightforward investment process, characterized by direct verbal communication and concise written investment summaries supported by in-depth data-driven analysis
Qualifications:
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Strong academic credentials (BS/BA from highly regarded institution) and a demonstrated track record of successful work experience
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2-5 years’ experience with an investment management firm, direct lending firm, investment bank, or private equity firm
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Experience analyzing and evaluating companies
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A fundamental, analytically-driven approach to investing with strong analytical/modeling capability; facility with financial statements and a basic understanding of accounting
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Ability to work collaboratively in team environments and strong relationship-building skills
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Excellent verbal and written communication skills; ability to synthesize complicated analyses and articulate insightful conclusions
Top Skills
What We Do
Bain Capital is one of the world’s leading alternative investment firms. More than 1,200 Bain Capital employees work together at locations in Boston, Chicago, New York, San Francisco, Palo Alto, London, Dublin, Hong Kong, Shanghai, Guangzhou, Melbourne, Sydney, Madrid, Luxembourg, Munich, Mumbai, Seoul, and Tokyo to manage approximately $155 billion in assets.
Founded in 1984, Bain Capital has advanced a consulting-based approach to investment. We develop close partnerships with management teams around the world, uncovering valuable insights that drive long-term value to businesses and markets. We have expanded this approach beyond private equity to several asset classes, including credit, fixed income, public equity, venture capital, and real estate. We’re dedicated to responsible business practices, and environmental, social, and governance (ESG) standards are critical considerations in our investment approach.
We strive to create lasting impact for all stakeholders: our investors, our teams, our businesses, and the communities we’re a part of. We believe our shared values form the core of our competitive advantage:
- We develop exceptional partnerships. We know great outcomes come from great teams.
- We challenge conventional thinking. We think differently. We nurture a culture of deep objective inquiry and seek the full potential in every opportunity.
- We work with tenacity. We roll up our sleeves, dig in, and come to work every day searching for better outcomes.
- We believe character matters. We prize personal integrity and humility.
Our team also supports a variety of charitable and nonprofit organizations by donating time, expertise and resources through the Bain Capital Community Partnership. Bain Capital Children's Charity, founded in 1996, has proven this by providing more than $55 million to 350 youth-related causes thanks to contributions from the firm’s employees and partners.
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