Founder of Bain Capital & World’s Top 10 Largest Private Equity Firm Dies at Age of 80
The founder of Bain Capital, William Bain Jr., has died at the age of 80. Bill had founded Bain Capital in 1984, and is the world’s top 10 largest private equity firm with more than $85 billion AUM today. He was also the mentor of Republican presidential nominee Mitt Romney, who was the Chief Executive of Bain Capital and Bain & Company.
” William Bain Jr. – Founder of Bain Capital, Dies at 80 “
Before founding Bain Capital in 1984, he started Bain & Company in 1973, he started Bain & Company, one of the world’s top management consulting firm today. He graduated from Vanderbilt University in 1959 with a degree in History and worked in the University. In 1967, he was recruited to join Boston Consulting Group (BCG) by Vanderbilt alum, Bruce Henderson, who is the founder of BCG.
William Bain Jr. was born on 30th July 1937 in Johnson City in the state of Tennesee in United States, and is survived by his wife, 4 children and 3 grandchildren.
Source: Chapman Cole & Gleason
About Bain Capital
We are one of the world’s leading private multi-asset alternative investment firms with approximately $85 billion in assets under management that creates lasting impact for our investors, teams, businesses and the communities in which we live. Founded in 1984, we pioneered a consulting-based approach to private equity investing, partnering closely with management teams to offer the insights that challenge conventional thinking, build great businesses and improve operations. Over time, we have organically expanded this approach across asset classes to build one of the strongest alternative asset platforms in the world.
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