William Bain, Boston businessman/ Mitt Romney mentor, dies at 80
Source: WaPo
William Bain Jr., the founder of Boston-based global consulting and private equity businesses bearing his name who helped drive the career of former Republican presidential nominee Mitt Romney, died Jan. 16 at his home in Naples, Fla. He was 80.
His death was announced in a paid obituary, which did not provide the cause.
After working in the development office at his alma mater, Vanderbilt University, Mr. Bain got his start advising businesses at Boston Consulting Group. He left in 1973 to found Boston-based Bain & Co. with a focus on developing long-term, strategic plans for companies.
In 1984, he founded the private equity firm Bain Capital alongside consulting colleagues including Romney, imbuing the company with an operations focus that’s become its hallmark. The company now oversees about $85 billion across private equity, credit, public equity, venture capital and life-sciences investments. It is in the midst of adding a (Harvard) real estate unit.
Read more: www.washingtonpost.com/local/obituaries/william-bain-jr-boston-businessman-and-mitt-romney-mentor-dies-at-80/2018/01/18/5e2312f0-fc6d-11e7-ad8c-ecbb62019393_story.html
Meanwhile, it is up in the air, if Romney is going to run for Senator; and - we believe it is because - Mitt has dark secrets to hide.
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