account
search
search
Jump to
Latest Headlines Wiki
share with facebook
share with twitter
share with google
1 of 4
Democratic National Convention in Charlotte
Randy Johnson, David Foster, and Cindy Hewitt, former employees at companies controlled by Romneyƕs Bain Capital appear at the Democratic National Convention at the Time Warner Cable Arena in Charlotte, North Carolina on September 5, 2012. UPI/Kevin Dietsch
| License Photo
Latest Headlines
Wiki

Bain Capital LLC is a Boston-based private equity firm founded in 1984 by partners from the consulting firm Bain & Company. Originally conceived as a leveraged buyout and venture capital fund, Bain Capital today manages approximately $80 billion in assets, and its strategies include private equity & venture capital as well as long/short public equity, credit products, and global macro hedge funds.

Bain Capital was founded in 1984 by Bain & Company partners Willard Mitt Romney, T. Coleman Andrews III, and Eric Kriss. In addition to the three founding partners, the early team included Fraser Bullock, Robert F. White, Joshua Bekenstein, Adam Kirsch, Stephen Pagliuca and Geoffrey S. Rehnert. Bain Capital's original $37 million fund was raised entirely from private individuals in mid-1984, led by Ricardo Poma, a Salvadoran businessman.

The firm's investment professionals evaluate potential deals based on a consulting-based due diligence process that analyzes a company's financial performance, market growth potential, industry attractiveness, and competitive position. One of the fund's first start-up investments was Staples, Inc., the $15 billion office supply retailer. The funding enabled Staples to expand from one store in 1986 to nearly 1,700 in 2006.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Bain Capital."
x
Feedback