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Bain Capital Raises $3.2 Billion for Latest Distressed Fund

  • Firm has deployed about 50% of fund during virus volatility
  • 2020 is ‘great leveraging year’ for companies: Bain’s Robinson
Updated on

Bain Capital Credit has closed a new distressed debt and special situations fund, with more than $3.2 billion in commitments, according to Jeff Robinson, one of the firm’s managing directors.

About 50% of that total has been invested and committed, with the majority being deployed in the last three months, Robinson said.