Bain Capital LLC
is a Boston
-based private equity
firm founded in 1984 by partners from the consulting firm Bain & Company
. Originally conceived as an early-stage, growth-oriented investment fund, Bain Capital today manages approximately $65 billion in assets, and its strategies include private equity, venture capital, public equity, high-yield assets and mezzanine capital
Bain Capital was founded in 1984 by Bain & Company
partners 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, and Geoffrey S. Rehnert
. Bain Capital's original $37 million fund was raised entirely from private individuals in mid-1984.
The firm includes a large group of investment professionals with consulting or operating experience, and takes an intensive, analytical approach to the investment process. This allows the firm's teams to pursue a wide range of equity investment opportunities, and to conduct extensive diligence, to do a fact-based analysis of the business and competitive industry dynamics, and to identify a winning business model. 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.
More than twenty five years after its inception, Bain Capital manages approximately $65 billion in assets, and has... Read More