Bain Capital DCB Investments (GP), LLC 4
4 · Bain Capital Private Credit · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Bain Capital Private Credit 10% Owner Buys ~1.16M Shares
What Happened
Bain Capital DCB Investments (GP), LLC (the general partner of Bain Capital DCB Investments II, LP) reported a purchase (code P) on April 1, 2026. The filing discloses a subscription of $30,000,000 for Common Shares of Beneficial Interest in Bain Capital Private Credit. The filing lists 1,159,303.8 shares acquired based on the issuer's February 28, 2026 NAV ($25.8776), but the final number of shares and the per‑share purchase price are not yet determined pending the issuer’s March 31, 2026 NAV calculation; an amendment will be filed with final figures. This is a buy by a 10% owner (institutional), not an individual executive.
Key Details
- Transaction date: April 1, 2026
- Transaction type/code: Purchase (P) — subscription / private purchase for $30,000,000
- Reported shares acquired: 1,159,303.8 (estimate based on Feb 28, 2026 NAV of $25.8776)
- Reported price per share: N/A (final price per share will be set using the March 31, 2026 NAV)
- Shares owned after transaction: Not definitively disclosed in this filing; an amendment will update total holdings
- Beneficial ownership notes: DCB II LP and DCB LP hold shares directly; DCB GP is the general partner and may be deemed to beneficially own those holdings but each entity disclaims ownership except to the extent of pecuniary interest (see F2/F3)
- Filing date / timeliness: Filed Apr 3, 2026 for a 4/1/2026 report — appears timely (no late filing indicated)
Context
NAV‑based subscriptions are common for funds and mean the exact share count and price depend on the NAV calculation date; the filer provided an estimate using an earlier NAV and will amend with final figures. As a 10% owner and institutional investor, this purchase reflects an institutional subscription rather than an insider executive trade; factual purchase activity is informative but does not imply management-level sentiment.
Insider Transaction Report
- Purchase
Common Shares of Beneficial Interest
[F1][F2]2026-04-01+1,159,303.8→ 1,159,303.8 total(indirect: See footnote)
- 3,988,207.55(indirect: See footnote)
Common Shares of Beneficial Interest
[F3]
Footnotes (3)
- [F1]On April 1, 2026, Bain Capital DCB Investments II, LP ("DCB II LP") subscribed for $30,000,000 of Common Shares of Beneficial Interest, at a per share price equivalent to the net asset value of the Issuer on March 31, 2026. Due to the timing of the Issuer's calculation of its net asset value ("NAV"), the actual number of shares purchased and the actual purchase price per share cannot be determined at the time of this filing. The number of shares acquired disclosed herein is based on the Issuer's NAV as of February 28, 2026, which was $25.8776. An amendment will be filed to disclose the final number of shares purchased, purchase price per share, and total amount of securities beneficially owned following the definitive calculation of the applicable NAV per share.
- [F2]Represents shares held directly by DCB II LP. Bain Capital DCB Investments (GP), LLC ("DCB GP") is the general partner of DCB II LP. As a result, DCB GP may be deemed to beneficially own the shares held by DCB II LP. Each of DCB II LP and DCB GP disclaims beneficial ownership of the shares, except to the extent of its pecuniary interest therein.
- [F3]Represents shares held directly by Bain Capital DCB Investments, LP ("DCB LP"). DCB GP is the general partner of DCB LP. As a result, DCB GP may be deemed to beneficially own the shares held by DCB LP. Each of DCB LP and DCB GP disclaims beneficial ownership of the shares, except to the extent of its pecuniary interest therein.