{ "crd_number": 297457, "slug": "bain-capital-partnership-strategies-lp-boston-ma-297457", "primary_business_name": "BAIN CAPITAL PARTNERSHIP STRATEGIES, LP", "legal_name": "BAIN CAPITAL PARTNERSHIP STRATEGIES, 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": "2018-07-19", "years_registered": 8, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 1652170000.0, "raum_discretionary": 1652170000.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 17, "advisory_employees": 2, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 1652170000.0, "count": 7 } }, "compensation_types": [ "other", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "MA" ], "websites": [], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/297457", "city_as_filed": "BOSTON", "url": "https://advisorcensus.com/firm/bain-capital-partnership-strategies-lp-boston-ma-297457", "display_name": "Bain Capital Partnership Strategies, LP", "summary": "Bain Capital Partnership Strategies, LP is an SEC-registered investment advisory firm in Boston, MA, registered since 2018, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Bain Capital Partnership Strategies, LP (CRD 297457): 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)", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Bain Capital Partnership Strategies, LP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Bain Capital Partnership Strategies, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other." }, { "q": "Where is Bain Capital Partnership Strategies, LP located?", "a": "Bain Capital Partnership Strategies, LP's principal office is in Boston, MA, according to its Form ADV." }, { "q": "Is Bain Capital Partnership Strategies, LP registered with the SEC or a state?", "a": "Bain Capital Partnership Strategies, LP is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 297457." }, { "q": "How much does Bain Capital Partnership Strategies, LP manage?", "a": "Bain Capital Partnership Strategies, LP reports $1,652,170,000 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have Bain Capital Partnership Strategies, LP's assets and staff changed since 2021?", "a": "In the Form ADV data for Bain Capital Partnership Strategies, LP: Regulatory assets under management: $1,435,178,000 in the October 2021 data and $1,652,170,000 in the October 2026 data, up 15%. Total employees: 23 in October 2021 and 17 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 Partnership Strategies, LP serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7)." }, { "q": "Does Bain Capital Partnership Strategies, 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/297457" }, { "q": "What changed in Bain Capital Partnership Strategies, LP's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 11 to 2. Regulatory assets under management went from $2,575,391,000 to $1,652,170,000 (-36%). Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1435178000.0, "total_employees": 23, "filing_date": "2021-07-21" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2191637000.0, "total_employees": 23, "filing_date": "2022-08-16" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2390232000.0, "total_employees": 29, "filing_date": "2023-06-22" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2643398000.0, "total_employees": 32, "filing_date": "2024-09-12" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2575391000.0, "total_employees": 31, "filing_date": "2025-06-30" }, { "period": "2026-10-01", "regulatory_assets_under_management": 1652170000.0, "total_employees": 17, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 11 to 2.", "Regulatory assets under management went from $2,575,391,000 to $1,652,170,000 (-36%).", "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)." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/bain-capital-partnership-strategies-lp-boston-ma-297457.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 7, "fewer_than_5": false, "raum": 1652170000.0 } ], "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/297457", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }