Bain Capital announces new leadership positions

Bain Capital has decided that all of its businesses will operate under the Bain Capital name, according to a letter to investors obtained by Buyouts Insider. Sankaty Advisors will become Bain Capital Credit while Brookside Capital will be called Bain Capital Public Equity, the letter said. Bain also announced new leadership positions. John Connaughton and Jonathan Lavine were named Co-Managing Partners of Bain Capital, while Josh Bekenstein and Steve Pagliuca were named Co-Chairs, the letter said. Read the Bain Capital letter