Bain Capital, LP is one of the world’s leading private investment firms with approximately $185 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we’ve applied our insight and experience to organically expand into several asset classes including private equity, credit, public equity, venture capital and real estate. We leverage our shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, our global team aligns our interests with those of our investors for lasting impact.

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Gray Stephens

Gray Stephens

Head of Fund Tax, Real Estate
Real Estate


Mr. Stephens joined Bain Capital in 2018.  He is the Head of Fund Tax for Bain Capital Real Estate.  

Prior to joining Bain Capital, Mr. Stephens worked in EY’s tax practice as a CPA focusing on tax and transactional matters for private equity funds and multinational companies.  Previously, he worked with Ropes & Gray LLP as a tax attorney representing institutional investors in private real estate fund investments, REIT joint ventures and other transactions.         


Mr. Stephens received a JD cum laude from the North Carolina School of Law and an MA in Accounting and a BS in Business Administration from the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill.