The Boston-based firm invests in a wide range of securities, including leveraged loans, junk bonds, distressed debt, structured products and equities. It had been investing out of a $2.5 billion vehicle raised just last year, plus a separate $1 billion Special Situations fund that focused on “hung” leveraged loans.
That latter vehicle counted Bain Capital’s buyout fund among its limited partners, but the firm did not repeat that process with the most recent fund. The only limited partner that peHUB has identified so far is the