facebook
twitter
search
search

Romney to work at son's investment firm

March 7, 2013 at 10:22 AM
| License Photo

BOSTON, March 7 (UPI) -- Mitt Romney, the 2012 Republican presidential nominee, will work at his son's investment firm, Solamere Capital, one week a month, NBC News reported.

Romney will be chairman of the executive committee at the investment firm led by his oldest son, Tagg.

At Solamere, the elder Romney will advise on matters of private equity, and isn't planning to raise capital for the firm, a person knowledgeable about the situation told NBC News.

Romney has had office space at Solamere, based in Boston, since the November election. However, he has not been officially involved in business matters.

His 2012 presidential campaign and his unsuccessful 2008 bid to be the GOP presidential nominee focused on his business background. Romney founded the private equity investment firm Bain Capital in 1984.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Greeks vote overwhelmingly to reject creditors' bailout
Russian resupply spacecraft docks onto ISS to deliver needed provisions
Maine reports first fireworks fatality since 2012 legalization
Third disturbance in four days erupts at Arizona prison
Islamic State stronghold of Raqqa targeted heavily in airstrikes