Search results
Results from the WOW.Com Content Network
Later serving as its chief executive officer, he helped bring the company out of financial crisis. In 1984, he co-founded and led the spin-off Bain Capital, a private equity investment firm that became highly profitable and one of the largest such firms in the nation. The fortune he earned from his business career is estimated at $190–250 ...
Bain Capital, LP is an American private investment firm based in Boston, Massachusetts, with around $185 billion of assets under management. [4] It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, crypto, tech opportunities, partnership opportunities, special situations, and real estate.
In 1984, Romney left Bain & Company to co-found and lead the spin-off private equity investment firm Bain Capital. [76] He initially refrained from accepting Bill Bain's offer to head the new venture until Bain rearranged the terms in a complicated partnership structure so that there was no financial or professional risk to Romney.
Romney has been quick to highlight his years with Bain Capital, but he has also been quiet about how much money he actually raked in at the private equity firm.
President Obama has evidently decided to make assailing Bain Capital the centerpiece of his campaign against Mitt Romney, the private equity firm's former chief executive. Now the president just ...
For premium support please call: 800-290-4726 more ways to reach us
[19] [20] Romney had originally left Bain & Company in 1983 after being appointed to lead Bain Capital, [12] [c] an independent private equity firm that would buy companies that Bain & Company partners would improve and re-sell [12] and whose funds these partners invested in. [12] Romney allowed managers to know each other's salaries, [19] re ...
The son of a former Michigan governor, auto industry executive and 1968 Republican presidential candidate, Romney became a multimillionaire in the private equity business and served as ...