Bain Capital, Pantheon partner for global direct lending

Bain Capital Specialty Finance, a unit of Bain Capital Credit that lends to middle-market companies, formed a joint venture with the private credit business of Pantheon to provide private direct lending solutions to middle market borrowers primarily across Europe and Australia.

The JV will invest through the International Senior Loan Program. Both companies have agreed to contribute capital, subject to the terms of their agreement, to purchase equity interests in the International Senior Loan Program that will initial total roughly $320 million in investment principal of senior secured loans.

Bain Capital Specialty Finance will . . .

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