Fort Baker Capital (BCSS) discloses 5.9% passive stake in Bain Capital GSS
Rhea-AI Filing Summary
Fort Baker Capital Management LP and related entities have disclosed a significant passive stake in Bain Capital GSS Investment Corp. (BCSS). They report beneficial ownership of 2,779,646 Class A ordinary shares, representing 5.9% of the class, with shared voting and dispositive power over all reported shares.
The percentage is calculated using 46,900,000 Class A ordinary shares outstanding as of November 13, 2025, as stated in the issuer’s Form 10-Q. The filers state the shares were acquired and are held in the ordinary course of business and not for influencing control of the company.
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FAQ
What ownership stake in BCSS does Fort Baker Capital report on this Schedule 13G?
Fort Baker Capital Management LP and related entities report beneficial ownership of 2,779,646 Class A ordinary shares of BCSS, representing 5.9% of that class. They have shared voting and shared dispositive power over these shares, with no sole voting or sole dispositive authority reported.
Which entities and individual are the reporting persons in the BCSS Schedule 13G?
The reporting persons are Fort Baker Capital Management LP, Fort Baker Capital, LLC, and Steven Patrick Pigott. Fort Baker Capital Management LP directly holds the shares, Fort Baker Capital, LLC is its general partner, and Steven Patrick Pigott is the limited partner and Chief Investment Officer associated with these holdings.
How was the 5.9% ownership percentage in BCSS calculated by Fort Baker Capital?
The 5.9% beneficial ownership figure is based on 46,900,000 Class A ordinary shares outstanding as of November 13, 2025. That outstanding share count comes from Bain Capital GSS Investment Corp.’s Form 10-Q, filed on November 14, 2025, and is used as the denominator for the calculation.
Is Fort Baker Capital seeking to influence control of Bain Capital GSS Investment Corp.?
The reporting persons certify the securities were acquired and are held in the ordinary course of business, not to change or influence control of Bain Capital GSS Investment Corp. They also state the holdings are not in connection with any control-related transaction or activist nomination, except as allowed under specific proxy rules.
Do the reporting persons consider themselves a group with respect to their BCSS holdings?
Fort Baker Capital Management LP, Fort Baker Capital, LLC, and Steven Patrick Pigott are filing jointly but expressly state they are not members of a group. Each reporting person also disclaims beneficial ownership of the securities except to the extent of that person’s pecuniary interest in the BCSS shares.