Boston – May 5, 2021
Boston – May 5, 2021
Bain Capital, one of the world’s leading private investment firms, today announced its membership with FCLTGlobal, a Boston-based nonprofit organization for leading companies and investors committed to lasting, impactful strategies across the global investment value chain. Bain Capital joins FCLTGlobal’s member network of more than 60 leading investors and companies who are committed to furthering the organization’s mission of increasing long-term investment strategies to foster a more sustainable global economy.
Founded in 2016 by CPP Investments, McKinsey & Co., BlackRock, Dow, and Tata Sons, FCLTGlobal aims to rebalance capital markets with long-term and sustainable growth in mind. Through critical research, training, and advocacy campaigns, FCLTGlobal spotlights the risks incumbent in the pursuit of short-term performance objectives while emphasizing the proven value of long-term investing imperatives, which today include new incentives for corporate board composition and decision-making, support for inclusive macroeconomic policy, and reimagining inputs into core financial services. The group’s members actively participate in exclusive professional programs, provide funding for its operations, and contribute to proprietary research that promotes long-term strategies for both companies and investors worldwide.
“Since our founding, Bain Capital has been committed to responsibly investing our capital in ways that are values-aligned and purposefully designed to create lasting impact and drive transformational change,” said Patricia Winton, Senior Vice President and Global Head of ESG at Bain Capital. “We look forward to working with like-minded partners on initiatives that drive positive impact for investors, inform our teams’ investment processes and commitment to diverse thinking, and importantly, benefit the businesses and communities where we live and work.”
“FCLTGlobal is thrilled to welcome a world-class strategic investor in Bain Capital to our diverse and growing network of members who are dedicated to stimulating long-term investment behavior,” added Sarah Keohane Williamson, Chief Executive Officer of FCLTGlobal. “Bain Capital brings to FCLTGlobal unique expertise and robust global networks that will serve to strengthen our mission in the years to come.”
###
About FCLTGlobal
FCLTGlobal’s mission is to rebalance capital markets to support a long-term, sustainable economy. We are a non-profit organization supported by leading companies and investors worldwide that develops research and practical tools to drive long-term value creation for companies, savers, and communities. Please visit www.fcltglobal.org, or follow on Twitter and LinkedIn, to learn more.
About Bain Capital
Bain Capital, LP is one of the world’s leading private multi-asset alternative investment firms that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we’ve applied our insight and experience to organically expand into numerous asset classes including private equity, credit, public equity, venture capital, real estate and other strategic areas of focus. The firm has offices on four continents, more than 1,200 employees and approximately $130 billion in assets under management. To learn more, visit www.baincapital.com or follow Bain Capital on LinkedIn and Twitter.
Media Contacts:
For Bain Capital:
Charlyn Lusk
(646) 502-3549
For FCLTGlobal:
Ross Parker
(508) 667-5451
Press Release
8 April 2021 - Whitmarsh is Executive Director of the Washington State Investment Board, one of the United States’ leading institutional investors, managing over $165 billion of state pension, insurance, and other public trust assets.
Press Release
7 April 2021 - Structural reforms to capital markets and increased community investing key to supercharging Administration’s efforts to address COVID-19 fall out, racial wealth gap and climate change
Press Release
24 March 2021 - EQT AB is proud to announce its membership with FCLTGlobal, a non-profit organization with the mission of rebalancing capital markets to support a long-term, sustainable economy, and stimulating long-term behaviour across the investment value chain....