Bain Capital related stories
All articles and analysis
- Romney takes heat for comments
Leaked video reportedly taken at an event held at the home of Sun Capital co-founder Marc Leder shows Romney assailing a supposed culture of victimhood in the United States.
- PEGCC maps private equity state by state
The Private Equity Growth Capital Council increased its effort to combat negative perceptions of private equity as the election season enters its final months.
- Democrats highlight Bain at convention
Former Bain Capital portfolio company employees lashed out at Mitt Romney and Bain Capital in remarks at the convention, blaming the firm for lay-offs and bankruptcies.
- China’s Wanda Group buys AMC for $2.6bn
The Chinese private conglomerate has completed the largest buyout of a US company to date, underscoring China's cross-border M&A trend.
- When is a tax dodge not a tax dodge?
Using management fee conversions to turn fee income into carry is not necessarily as illegitimate as it looks – but it may have damaging long-term consequences.
- Romney highlights Bain record at convention
Despite a rash of negative ads regarding his time at Bain, Mitt Romney referred with pride to his record at the private equity firm while accepting the Republican nomination for US president.
- New York to investigate PE firms over tax abuse
Many of the largest US private equity firms have reportedly been caught up in a probe over management fee conversions, which can reduce the tax they pay by up to 20 percent.
- University of Michigan commits to Sankaty
Longtime Sankaty LP University of Michigan has committed $40m to the Bain credit affiliate’s latest offering, which is targeting $3.5bn.
- GPs attempt to wade through carry uncertainty
Private equity firms are asking limited partners for terms that would allow for the renegotiation fund agreements in the event carry’s tax treatment changes.
- Biden goes after carry in VP debate
Thursday night’s Vice Presidential debate included a pointed reference to carried interest’s tax treatment, which Vice President Joe Biden referred to as a loophole.