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Bain Launches Impact-Investing Fund Led by Ex-Gov. Patrick

3 August 2016

(PEHub) Bain Capital launched its new Double Impact Fund, which aims to target distressed communities. The fund will be led by former Massachusetts Governor Deval Patrick.

  • Patrick joined Bain last year to launch impact business
  • Bain’s business targets overlooked, distressed areas
  • Impact-investment volume reached $15.2 bln in 2015

Bain Capital launched a fund to be run by former Massachusetts Gov. Deval Patrick that will invest across asset classes to target distressed communities, according to a regulatory filing. The fund, Bain Capital Double Impact Fund, is part of the impact-investing …