Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 1)
Under the Securities Exchange Act of 1934
Bain Capital Private Credit
(Name of Issuer)
Common Shares of Beneficial Interest, $0.01 par value per share
(Title of Class of Securities)
Not applicable
(CUSIP Number)
Bain Capital SIP Investments, LP
200 Clarendon Street
Boston, MA 02116
617-516-2000
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
December 26, 2023
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of § 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ☐.
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7(b) for other parties to whom copies are to be sent.
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
SCHEDULE 13D
CUSIP No. N/A
1 |
NAME OF REPORTING PERSON
Bain Capital SIP Investments, LP | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (See Instructions)
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
3,480,000 | ||||
8 | SHARED VOTING POWER
0 | |||||
9 | SOLE DISPOSITIVE POWER
3,480,000 | |||||
10 | SHARED DISPOSITIVE POWER
0 | |||||
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,480,000 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
78.6% (1) | |||||
14 | TYPE OF REPORTING PERSON (See Instructions)
PN |
(1) | Reflects 4,429,980 Common Shares outstanding as of December 26, 2023, based on information received by the Reporting Person from the Issuer on that date. |
This Amendment No.1 (Amendment No. 1) to Schedule 13D amends and supplements the statement on Schedule 13D originally filed on December 7, 2023 (the Original Schedule 13D and, together with this Amendment No.1, the Statement) with respect to the Common Shares of the Issuer. The Reporting Person is filing this amendment to disclose its updated percentage beneficial ownership in the Issuer, which has decreased as a result of an increase in the outstanding Class I common shares of the Issuer. Capitalized terms used but not defined herein have the meanings ascribed to such terms in the Original Schedule 13D.
Item 5. Interest in Securities of the Issuer
Items 5(a) (c) are hereby amended and restated in their entirety as follows:
(a) (b) As of the date hereof, the Reporting Person holds 3,480,000 Common Shares, representing approximately 78.6% of the outstanding Common Shares. The percentage of the outstanding Common Shares beneficially owned by the Reporting Person reflects 4,429,980 Common Shares outstanding as of December 26, 2023, based on information received by the Reporting Person from the Issuer on that date.
(c) Except as reported in the Statement, neither the Reporting Person, SIP GP nor any of the individuals listed on Schedule I has effected any transactions in the Common Shares during the past sixty (60) days.
SIGNATURES
After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Date: December 28, 2023 | BAIN CAPITAL SIP INVESTMENTS, LP | |||||
By: Bain Capital SIP Investments (GP), LLC Its: General Partner | ||||||
By: | /s/ Kase Jubboori | |||||
Name: Kase Jubboori | ||||||
Title: Authorized Signatory |