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Reply #32: Founded by a devout Catholic-now owned by devout Mormon [View All]

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Jambalaya Donating Member (359 posts) Send PM | Profile | Ignore Sat Jan-24-09 10:36 PM
Response to Reply #18
32. Founded by a devout Catholic-now owned by devout Mormon
History
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.

Twenty years after its inception, Bain Capital manages approximately $80 billion in assets, and has founded, acquired, or invested in hundreds of companies including AMC Entertainment, Brookstone, Burger King, Burlington Coat Factory, Domino's Pizza, DoubleClick, Guitar Center, HCA, Sealy, The Sports Authority, Toys R Us, Unisource, Warner Music Group and The Weather Channel.___________Wiki



Incidentally, Bain Capital along with two other firms owns Dunkin Donuts,too. Carlyle is in partnership with Bain,also.

Does this make Mrs. Cantor's recent financial largesse more easily understood,perhaps?
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