Bain Capital has formed a joint venture with SMBC to create a €1.5 billion lending platform targeting corporate borrowers in Europe and the UK.

Target Information

Bain Capital, a prominent global private investment firm, has established a joint venture with Sumitomo Mitsui Banking Corporation (SMBC) to create a new European lending platform. This platform will provide up to €1.5 billion in senior secured credit to corporate borrowers across Europe and the UK, reflecting Bain Capital's strategic initiative to enhance access to flexible financing solutions in the region.

Structured as a co-governed credit vehicle, this partnership integrates SMBC’s expertise in leveraged finance with Bain Capital’s extensive capabilities in underwriting and asset management. This collaboration aims to support European companies, particularly those backed by financial sponsors, by offering diversified credit solutions tailored to various market conditions.

Industry Overview

The private credit industry in Europe has been undergoing significant transformations as demand for flexible financing solutions continues to grow. With traditional banks tightening their lending standards,