Political Capital
A Bushmaster Firearms rep, right, shows an attendee a semi-auotmatic Bushmaster Enhanced Adaptive Combat Rifle (ACR) at the Bushmaster Firearms booth at the National Shooting Sports Foundation's 34th annual Shooting, Hunting, Outdoor Trade (SHOT) Show.

Photograph by Ethan Miller/Getty Image

A Bushmaster Firearms rep, right, shows an attendee a semi-auotmatic Bushmaster Enhanced Adaptive Combat Rifle (ACR) at the Bushmaster Firearms booth at the National Shooting Sports Foundation's 34th annual Shooting, Hunting, Outdoor Trade (SHOT) Show.

Guns and Private Equity – Cerberus: Teacher-Clients’ Interests in Mind

It didn’t take long for Cerberus to remember who its masters are. The New York-based private equity firm, which takes its name from the mythical three-headed dog that guards the gates of Hell, said late yesterday it would sell Freedom...

Read more »

Mitt Romney, head of Bain & Company, Inc.

Photograph by David L Ryan/The Boston Globe via Getty Images

Mitt Romney, head of Bain & Company, Inc.

Bain (The Man) Speaks Out

We’ve heard from Bain, the Firm. Now there’s something (a little something) from Bain, the Man. The Daily Beast coaxed the hyper-private Bill Bain into addressing the criticism directed at his namesake firm and his protégé Mitt Romney’s tenure there...

Read more »


Stephen Schwarzman, chairman and chief executive officer of Blackstone Group LP.

Photograph by Victor J. Blue/Bloomberg

Stephen Schwarzman, chairman and chief executive officer of Blackstone Group LP.

Private Equity’s Election Bounce?

Could all this madness actually be good for business? After enduring almost a year of attacks on private equity, one of its chief practitioners seems to think the industry could come out ahead when the November dust settles. Steve Schwarzman,...

Read more »

Mitt Romney at a town hall meeting in Grand Junction, Colorado.

Photograph by Nicholas Kamm/AFP/Getty Images

Mitt Romney at a town hall meeting in Grand Junction, Colorado.

Romney Transcends Private Equity… Until He Doesn’t

So just how big a drag is Mitt Romney’s history in private equity? Not much, if you believe the latest NBC News Wall Street Journal Poll, which involved interviews from Sept. 12 to 16 with 900 registered voters. Voters ranked...

Read more »


A union rally in Cleveland where organized labor was rallying for public employee collective bargaining rights.

Photograph by Tony Dejak/AP Photo

A union rally in Cleveland where organized labor was rallying for public employee collective bargaining rights.

Bain Hits the Road, Spirit of Mitt in Tow

Bain is squeezing past the elephant in the room to get back on the road. Despite a blizzard of publicity sparked by its famous founder’s candidacy, Bain Capital is officially pitching investors on its new fund, formally known as Bain Capital Fund XI. While...

Read more »

Mitt Romney at a factory in Canton, Ohio.

Photograph by Justin Sullivan/Getty Images

Mitt Romney at a factory in Canton, Ohio.

A Governor, Mayor and Steelworker Walk into a Private Equity Event…

With apologies to those in the public relations profession, press releases tend toward the mundane, even in the high-stakes world of mergers and acquisitions. Numbers, anodyne quotes and lists of high-paid advisers are the norm. However, today’s announcement from private equity...

Read more »