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The Boston Globe


Bain letter defending deals backs Mitt Romney’s assertions

In a special letter to investors on Tuesday, Bain Capital’s top partners defended their investment record and addressed the criticism that has dogged the Boston firm as its founder, Mitt Romney, runs for president.

Bain said it has helped create hundreds of thousands of jobs over its 28-year history, backing some of Romney’s assertions on the campaign trail. Romney has said he personally helped create more than 100,000 jobs. The private equity firm also said that the companies it has invested in have, together, grown their revenues by more than $105 billion globally, and by $80 billion in the United States.

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