Bain Capital Hires Former Massachusetts Governor Deval Patrick
The $75 billion private equity firm was founded by 2012 Republican presidential nominee Mitt Romney.
Massachusetts Governor Deval Patrick speaks at a press conference April 16, 2013 in Boston, Massachusetts, in the aftermath of two explosions that struck near the finish line of the Boston Marathon April 15.
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Bain Capital, the $75 billion private equity firm founded by 2012 Republican presidential nominee Mitt Romney, hired former Massachusetts Governor Deval Patrick to lead a social impact fund.
Patrick, 58, will oversee investments that target a financial return while seeking to have a positive social impact, according to a statement Tuesday from Boston-based Bain. He starts at the firm immediately and is its first black managing director.