Lincoln Financial this week announced the formal launch of its new private market fund, the Lincoln Bain Capital Total Credit Fund, developed in partnership with global private investment giant Bain Capital.
The new evergreen fund 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. According to a Sept. 10 press release, 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.
“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,” said Ellen Cooper, Chairman, President and CEO of Lincoln Financial. “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.”
“We look forward to providing a broader set of investors with differentiated access to innovative private and asset-backed credit solutions.”
John Wright, Bain Capital
As a leading global multi-asset investment specialist, Bain Capital employs a dynamic fundamental approach to investing, leveraging a rigorous asset allocation framework and the deep industry expertise of its team to source, analyze, and execute compelling opportunities across global debt markets. This experience offers a strategic complement to Lincoln’s expansive distribution platform, which has added value for financial professionals and clients alike for decades, the release said.
“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,” said John Wright, Partner and Global Head of Credit at Bain Capital. “Together, we look forward to providing a broader set of investors with differentiated access to innovative private and asset-backed credit solutions.”
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.
The companies previously announced their strategic partnership to launch private market funds in March 2025. Lincoln and Bain Capital plan to begin marketing the fund and providing education for individual investors and financial professionals. The fund will be distributed by Lincoln Financial Distributors, the wholesale distribution organization of Lincoln Financial. For more information about the partnership or the fund, visit LincolnFinancialInvestments.com.
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