Bain Capital Specialty Finance, Inc. today announced financial results for the fourth quarter and fiscal year ended December 31, 2023, and that its Board of Directors has declared a dividend of.
(Bloomberg) Further mergers are likely in the booming private credit business because the low fees earned by lenders will push smaller firms to get bigger and reap economies of scale, according to Jonathan Lavine, co-managing partner of Bain Capital.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillStanChart Weighs Break Up of Corporate, Investment BankThe Brutal Reality of Plunging Office Values Is HereStocks, Bonds Reclaim Solid Ground After CPI Miss: Markets
(Bloomberg) Bain Capital has earmarked $7 billion to invest in India over the next three to five years as the country’s relatively steady politics and economic growth lift its attractiveness for overseas money managers. Most Read from BloombergTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneHouse Passes $78 Billion Business, Child Tax Break BillS&P 500 Has Its Worst Fed-Decision Day Since March: M
The Boston-based firm also plans to increase its team of 25 private equity and special situations investment professionals by 15% to 20% over the next two or three years, according to Pavninder Singh, partner and a member of the Asian Pacific private equity team.