2024-02-10 05:55:23 ET
Summary
- Bain Capital Specialty Finance is a decent business with a secure risk profile and an attractive yield of over 11%.
- BCSF primarily invests in middle-market private companies, focusing on first or second lien loans secured by collateral.
- The company is positioned to benefit from weakening of regional banks.
Bain Capital Specialty Finance (BCSF) started as a curiosity for me. I recognized the Bain name, infamous from the days of the 2012 Presidential Election and the negative impact it had to Romney campaign. I naturally found it tempting to look at this company and see what's there....
Read the full article on Seeking Alpha
For further details see:
Bain Capital Specialty Finance: Strong Yield With Little Risk