‹ ALTSeek Search
PC · PRIVATE CREDIT

Lincoln Bain Capital Total Credit Fund

Lincoln National · Private Credit Interval Fund

Program Overview

Private Credit Interval Fund
Lincoln Bain Capital Total Credit Fund
Peer Group Filters
Objectives
IncomeTotal Return
Asset Class
Private Credit
Vehicle
Interval Fund
Single / Multi Asset
Multi-Asset
Sponsor/Manager
Asset Class
Private Credit
Issuer
Lincoln Bain Capital Total Credit Fund
Issuer Legal Structure
Delaware Statutory Trust
Program Life Structure
Evergreen
Target Leverage
Target 20–33% debt-to-total-assets Fund expects leverage of roughly 20-33% of assets; 1940 Act asset coverage caps debt at about one-third of total assets. $28.0M drawn on a $75M Citibank senior secured revolver (SOFR-based) at 3/31/2026; borrowings are secured by Fund assets ($87.1M of securities pledged).
Strategy Risk/Return Profile
-
Managing Broker-Dealer
Minimum Investment
$2,500
Class A Shares · waivable
Strategy Overview

Continuously offered, perpetual-life interval fund seeking high risk-adjusted returns across market cycles with a focus on current income. It invests across the global credit spectrum through four sleeves: corporate direct lending to middle-market companies, asset-based finance (including CLO debt and equity and other asset-backed securities), opportunistic and distressed credit, and more liquid credit. The Adviser oversees allocation, leverage and risk; day-to-day portfolio management is delegated to the Bain Capital Credit sub-adviser. Liquidity is limited to quarterly repurchase offers.

Subscribe to Ratings ALTSeek Ratings, securities and terms and the full diligence record are available with a subscription. Subscribe to Ratings Already subscribed? Sign in again

ALTSeek Ratings

Unlimited access to every published ALTSeek rating, with APS, CDS and FMRP component scores, plus confidence and directional indicators, and summary investment committee reporting. Includes unlimited capability to benchmark and stratify investments across tier level, ledger, frontier and benchmark views. Also included in ALTSeek Complete.

$129 / month per useror $1,419 / year