Lincoln Financial and Bain Capital launch new private market fund
Lincoln Financial Group announced the formal launch of its new private market fund, the Lincoln Bain Capital Total Credit Fund.
The new evergreen fund, developed in partnership with Bain Capital, will offer a globally varied portfolio of private credit investments, including loans to mid-sized private companies, asset-based finance, structured credit, and opportunistic situations. The fund will provide individual investors with access to growth opportunities in the private market that have historically only been available to high-net-worth or institutional investors.
The companies previously announced their strategic partnership to launch private market funds in March 2025. The fund will be distributed by Lincoln Financial Distributors, the wholesale distribution organization of Lincoln Financial.
“For 120 years, our mission has been providing financial protection and security for our customers and their families, and we see a tremendous opportunity to extend that commitment by helping democratize access to private market investments. By partnering with Bain Capital to advance innovative solutions, we’re combining their more than 25 years of credit investment expertise with our world-class distribution platform and funds management experience to provide clients with expanded availability to a broader set of offerings.” – Ellen Cooper, Chairman, President and CEO of Lincoln Financial.
“Partnering with Lincoln is a significant milestone for our global credit platform, enabling us to leverage the dynamic and diversified approach of our multi-asset credit strategies with Lincoln’s extensive network of individual investors and intermediaries. Together, we look forward to providing a broader set of investors with differentiated access to innovative private and asset-backed credit solutions.” – John Wright, Partner and Global Head of Credit at Bain Capital.
Lincoln Financial utilizes a multi-manager platform, consisting of a network of some of the most reputable financial companies in the industry, allowing them to tap investment and fund structure expertise while also providing their deep distribution network with products and solutions to best meet the needs of financial professionals and their clients.
