Number 5 of 100 by regulatory assets
Bain Capital
Bain Capital reported $221.5bn of regulatory assets under management from Boston, MA, across 261 private funds. It files with the SEC through 10 registered advisers, and the figure above is the sum of what each one reported.
The book
Regulatory assets under management, as Item 5.F of Form ADV defines it. That figure is gross and includes leverage, so it is not the same thing as the assets under management a firm quotes in its own marketing. Latest filing 2026-08-17.
- Regulatory AUM
- $221.5bn
- Private funds
- 261
- SEC registrations
- 10
- In pooled vehicles
- 90%
baincapital.com, as listed on its own Form ADV.
What kind of funds
Every private fund on the firm's Schedule D, grouped by the fund type the firm itself checked, and weighted by gross asset value. $167.9bn of fund assets in total. This is the classification as filed to 31 December 2024, the most recent the SEC publishes in bulk, so it is older than the size figure above.
- Private Equity Fund51%$84.9bn
- Hedge Fund25%$41.4bn
- Securitized Asset Fund14%$23.2bn
- Real Estate Fund6%$9.68bn
- Venture Capital Fund5%$8.72bn
The registrations behind the firm
A firm is not a registered adviser. Bain Capital files through 10 of them, each with its own SEC number and its own reported assets. Relying advisers under an umbrella registration do not file separately, so nothing below counts the same assets twice.
- Bain Capital Private Equity, Lp801-69069filed 2026-03-31, umbrella registration$96.4bn
- Bain Capital Credit, Lp801-69068filed 2026-08-17, umbrella registration$76.3bn
- Bain Capital Asset Management, Lp801-107144filed 2026-03-31$16.3bn
- Bain Capital Real Estate, Lp801-112317filed 2026-06-09, umbrella registration$10.00bn
- Bain Capital Ventures, Lp801-69071filed 2026-03-31, umbrella registration$9.84bn
- Bain Capital Insurance Solutions, Lp801-120410filed 2026-03-31$5.39bn
- Bcsf Advisors, Lp801-107185filed 2026-03-31$3.65bn
- Bcpc Advisors, Lp801-128709filed 2026-03-31$1.74bn
- Bain Capital Partnership Strategies, Lp801-113641filed 2026-03-31$1.65bn
- Bain Capital Public Equity, Lp801-69070filed 2026-03-31$242m
Where this comes from
Assets, address and registrations: Form ADV Part 1A as published in the SEC's daily investment adviser feed, this firm's latest filing dated 2026-08-17. Fund count and fund types: Form ADV Schedule D Section 7.B.(1), from the SEC bulk archive of filings to 2024-12-31. Each adviser name above links to its record on the SEC's own Investment Adviser Public Disclosure site, which is the authority for anything on this page.
Staff numbers are deliberately not totalled here: each registered adviser reports its own employee count and the same person is often reported by several, so a sum would overstate the firm.
Either side of it
- 3. The Carlyle Group$352.2bn
- 4. TPG$347.1bn
- 6. HPS Investment Partners$204.3bn
- 7. HarbourVest Partners$191.7bn
