Rate this Company

14 Votes, Rating: 3.43

Write a Review of this Company

Bain Capital Partners

Profile

Founded in 1984 by three Bain partners with $37 million: Mitt Romney, T. Coleman Andrews and Eric Kriss. Romney took the firm from a seven person “shaky start-up” to a 115 person firm managing $4 billion, 15 years later. Describes Coleman Andrews of the firm’s early days:

“One potential investor was concerned that we would spend lavishly on fancy offices and needless expenses. I could tell that this bothered Mitt, because he is very careful about spending. Finally, I told the gentleman: ‘You need to understand how frugal Mitt is. When he and Ann go to the movies, they pop their own popcorn in advance. Mitt figures the home-popped Orville Redenbacher costs him only 62 cents, which is a whole lot cheaper than $4.50 for the big tub at the movie counter.’”

270 professionals (51 managing directors) presently steer the Bain Capital ship; Bain Capital Private Equity is comprised of 170 professionals (26 MDs).

Bain Capital’s headquarters are in Boston, but the firm has offices in New York, Chicago, London, Munich, Hong Kong, Shanghai, and Tokyo.

Recruiting

Open positions are listed on their website. A recently listed pre-MBA private equity Associate position for their London office required 1-2 years of consulting or investment management and a top-tier undergrad degree.

Sources
Bain website
Boston Globe, Reaping profit in study, sweat
WaPost, A Man with a Mission