other_material
confidence high
sentiment neutral
materiality 0.20
Bain Capital Private Credit hires U.S. Bancorp for administrative and accounting services
Bain Capital Private Credit
- BCPC Advisors engaged USBFS to provide sub-administration services including compliance, SEC, financial, and tax reporting.
- USBFS will also provide fund accounting services including portfolio accounting, expense accrual, valuation, and compliance.
- The Fund will bear all fees and out-of-pocket expenses under both agreements.
- Initial term is one year; either party may terminate with 90 days' notice after the initial term.
- Agreements effective May 23, 2025.
item 1.01item 9.01