Bain Capital, LP is one of the world’s leading private multi-asset alternative investment firms with approximately $105 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Bain Capital was founded in 1984 by Bain & Company partners Mitt Romney, T. Coleman Andrews III, and Eric Kriss, after Bill Bain had offered Romney the chance to head a new venture that would invest in companies and apply Bain's consulting techniques to improve operations. Romney’s Bain Capital also invested $47 million in the DDI Corporation in 1997 and profited nearly $90 million before the company filed for bankruptcy and laid off 2,100 American workers. Although the exact details of his personal finances are not available, news reports estimate his net worth at somewhere between $190 and $250 million, much of it derived from his Bain Capital days. Mitt Romney's Bain Capital Invested In Stericycle, A Company Now Targeted By Anti-Abortion Activists By Sam Stein WASHINGTON -- One of the highest performing companies in which the private equity firm founded by Mitt Romney invested is now a top target of the most vehement anti-abortion groups in the nation. Mitt Romney has always said that he left the private-equity firm Bain Capital in February, 1999, when he took charge of the Winter Olympics in Salt Lake City. Romney himself profited handsomely from his time running Bain Capital. So as Bain Capital executive Deval Patrick enters the 2020 presidential race, the analysis quickly turned to how much of a liability Bain Capital was for its founder, Mitt Romney, when he ran in … Romney would indeed save Bain & Co. — but his legacy was cemented when he helped turn Bain Capital, which raised $37 million for its funds in 1984, into the juggernaut it … Sometimes the calls didn't quite work out, as was the case when Bain Capital and then-aspiring Senate candidate Romney bought American Pad & Paper Co. for $5 million in 1992. When a bribe was offered to this consultant and turned down, Mitt Romney panics and resigns as CEO of Bain Capital. Very rough math might suggest that Romney made as much as $20,000 per job lost. Mitt Romney's career highlights, from Bain Capital to governing Massachusetts | Fox News Fox News And today, Romney continues to rake in millions from Bain Capital, which is worth an estimated $105 billion. George H. W. Bush and Mitt Romney were part of the team that fleeced the former Soviet Union through Riggs-Valmet Bank and then laundered the money through Romney’s Bain Capital. In another case, Romney’s Bain Capital invested $60 million in GS International in 1993, securing $65 million in profits before the company went bankrupt in 2002 and laid off 750 American workers. The company said Romney left the firm in February 1999 to run the troubled 2002 Winter Olympics in Salt Lake City and likely had nothing to with the deal. Continue reading about Ronna’s corrupt, treasonous Uncle Mitt. After Romney formally left Bain in 2001, a new entity called “Bain Capital LLC” took over the management function. The matter never became a campaign issue.
A look at some of the highlights from Mitt Romney's business and political career. Colm Connolly was a partner at MNAT from early 1999 to August 2, 2001 (the very same time Romney wants to be “retroactive” from).Former Pres GW Bush nominated Colm Connolly to be the United States Attorney in Wilmington Delaware.
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