{ "crd_number": 305575, "slug": "bain-capital-insurance-solutions-lp-boston-ma-305575", "primary_business_name": "BAIN CAPITAL INSURANCE SOLUTIONS, LP", "legal_name": "BAIN CAPITAL INSURANCE SOLUTIONS, LP", "dbas": [], "city": "Boston", "state": "MA", "country": "United States", "cbsa_code": "14460", "metro": { "cbsa_code": "14460", "common_name": "Boston", "msa_name": "Boston-Cambridge-Newton, MA-NH", "path": "/advisors/ma/boston" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2021-03-01", "years_registered": 5, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 5393224591.0, "raum_discretionary": 5393224591.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 48, "advisory_employees": 32, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "other": { "raum": 2042843551.0, "count": 3, "description": "SMA", "fewer_than_5": true }, "pooled_investment_vehicles": { "raum": 3350381040.0, "count": 10 } }, "compensation_types": [ "other", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "other", "portfolio_management_businesses_institutional", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "MA" ], "websites": [ "https://baincapital.com", "https://baincapitalinsurance.com", "https://linkedin.com/company/bain-capital", "https://x.com/BAINCAPITAL", "https://youtube.com/channel/UCHLw83UfiBEm9RoLlZKPaig" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/305575", "city_as_filed": "BOSTON", "url": "https://advisorcensus.com/firm/bain-capital-insurance-solutions-lp-boston-ma-305575", "display_name": "Bain Capital Insurance Solutions, LP", "summary": "Bain Capital Insurance Solutions, LP is an SEC-registered investment advisory firm in Boston, MA, registered since 2021, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Bain Capital Insurance Solutions, LP (CRD 305575): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees", "Other" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Selection of other advisers (including private fund managers)", "Other" ], "quick_answers": [ { "q": "How is Bain Capital Insurance Solutions, LP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Bain Capital Insurance Solutions, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Bain Capital Insurance Solutions, LP located?", "a": "Bain Capital Insurance Solutions, LP's principal office is in Boston, MA, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F)." }, { "q": "Is Bain Capital Insurance Solutions, LP registered with the SEC or a state?", "a": "Bain Capital Insurance Solutions, LP is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 305575." }, { "q": "How much does Bain Capital Insurance Solutions, LP manage?", "a": "Bain Capital Insurance Solutions, LP reports $5,393,224,591 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have Bain Capital Insurance Solutions, LP's assets and staff changed since 2021?", "a": "In the Form ADV data for Bain Capital Insurance Solutions, LP: Regulatory assets under management: $0 in the October 2021 data and $5,393,224,591 in the October 2026 data. Total employees: 104 in October 2021 and 48 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Bain Capital Insurance Solutions, LP serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10); other (3)." }, { "q": "Which custodians does Bain Capital Insurance Solutions, LP use?", "a": "Bain Capital Insurance Solutions, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists U.S. Bank as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Bain Capital Insurance Solutions, LP report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/305575" }, { "q": "What changed in Bain Capital Insurance Solutions, LP's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 24 to 32. Regulatory assets under management went from $3,001,571,260 to $5,393,224,591 (+80%). Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 0.0, "total_employees": 104, "filing_date": "2021-01-29" }, { "period": "2022-10-01", "regulatory_assets_under_management": 356399437.0, "total_employees": 16, "filing_date": "2022-09-28" }, { "period": "2023-10-01", "regulatory_assets_under_management": 876565849.0, "total_employees": 20, "filing_date": "2023-03-31" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1855576477.0, "total_employees": 30, "filing_date": "2024-07-31" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3001571260.0, "total_employees": 37, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 5393224591.0, "total_employees": 48, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 24 to 32.", "Regulatory assets under management went from $3,001,571,260 to $5,393,224,591 (+80%).", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-02-01", "period_label": "February 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "U.S. Bank", "name_as_filed": "U.S. BANK", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/bain-capital-insurance-solutions-lp-boston-ma-305575.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 10, "fewer_than_5": false, "raum": 3350381040.0 }, { "type": "other", "label": "Other", "count": 3, "fewer_than_5": true, "raum": 2042843551.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/305575", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }