Tag Archives: Bain

Guess Who Invests With Bain

The California State Teachers’ Retirement System (CalSTRS) has $1.25 billion invested with Bain Capital. Ricardo Duran, CalSTRS spokesman, said that CalSTRS’s fiduciary duty to its members and their families is paramount. He also said that private equity (such as Bain Capital) has been the best-performing asset class in the system’s portfolio over the past 24… Read More »

Obama’s Rich Bashing Is Backfiring

President Obama and his team thought they could deliver a headshot to Romney with the grossly inaccurate Bain ad that detailed how they closed GST Steel.  Well, Romney left Bain in 1999 and GST Steel folded in 2001.  Not to mention, Bain’s managing director, Jonathan Lavine, was still at Bain when GST closed its doors.… Read More »