Ropes & Gray Advises Bain Capital Credit on $1 Billion Fund Close

In The News
January 31, 2024

Ropes & Gray advised Bain Capital Credit, L.P., a leading global credit specialist, on the close of Bain Capital Middle Market Credit 2022 (together with its parallel funds and certain related vehicles, “MMC 22”), with over $1 billion in total commitments. The close was announced on January 19 in a press release.

MMC 22 is the latest and fourth vintage fund within Bain Capital Credit’s flagship strategy for investing across the capital structure, including mezzanine or subordinated debt tranches, second lien debt, preferred and equity investments, and senior debt investments, of performing, high-quality middle market businesses.

The Ropes & Gray team was led by asset management partners Justin Kliger and Jessica Marlin, and also included asset management partner Peter Laybourn and tax partners Jim Brown and Sam Duncan.