Bain Capital Private Credit·4

Apr 3, 4:30 PM ET

Bain Capital DCB Investments (GP), LLC 4

Research Summary

AI-generated summary

Updated

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.