Asset ManagerRIA · CRD 145650SEC-RegisteredPrivate Fund Adviser

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Bain Capital Public Equity

Bain Capital Public Equity, LP is an SEC-registered investment adviser in Boston, MA, registered since 2008. The firm manages approximately $242 million in...

Bain Capital Public Equity

Bain Capital Public Equity, LP is an SEC-registered investment adviser in Boston, MA, registered since 2008. The firm manages approximately $242 million in assets. It has 26 employees and 4 investment advisers.

General information

Firm type

Asset Manager

Year founded

2016

AUM

~$10.5B (per Bain Capital Public Equity, 2024)

Location

Region

North America

Country

United States

City

Boston

Corporate office

Boston, MA, United States

Principals

Jonathan Pearl

Managing Director

Andrew L. B. Heller

Managing Director

Sector focus

Public EquitiesTechnologyHealthcareFinancialsConsumer

Frequently asked questions

Who runs investment decisions at Bain Capital Public Equity?

Jonathan Pearl and Andrew B. Heller co-lead the investment team as Managing Directors. Both are long-tenured Bain Capital professionals who helped build the unit from inception in 2016.

How is Bain Capital Public Equity different from traditional long-only managers?

The firm operates within Bain Capital's $180B alternative asset ecosystem. This gives it access to the firm's private equity research pipeline and management relationships, a sourcing channel unavailable to most public market investors.

What investment strategy does Bain Capital Public Equity pursue?

The firm runs a long-only, concentrated portfolio of fewer than 30 positions. Holdings are selected with a multiyear horizon, applying fundamental research that draws on Bain Capital's private equity analytical framework.

Does Bain Capital Public Equity only invest in US stocks?

No. The firm targets both US and international equities, with a stated focus on North America and Western Europe. The portfolio spans technology, healthcare, financials, and consumer sectors.

Is Bain Capital Public Equity a part of Bain Capital or a separate entity?

It is a distinct investment unit within Bain Capital LP. The firm shares the Bain Capital brand and infrastructure but operates as a dedicated public equity team with its own mandate and compensation structure.

How large is Bain Capital Public Equity?

The firm reported roughly $10.5 billion in assets under management as of 2024 (per the firm).

What is the relationship between Bain Capital Public Equity and Bain Capital's private equity funds?

They are separate legal entities with independent investment teams. However, the public equity team leverages the private equity division's research network and operating partner relationships for investment insights.

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