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Deval Patrick's ties to Bain Capital could complicate his 2020 run

Deval Patrick's ties to Bain Capital could complicate his 2020 run | 14 Nov 2019 | Deval Patrick made it official this morning, announcing that he'll run for the Democratic Party's presidential nomination -- and he also formally resigned from Bain Capital, sources say. The state of play: He joined the firm in 2015 to launch and lead a platform focused on "social impact investing." That group, called Bain Double Impact, is in the midst of raising its second fund. Prospective investors tell Axios that Patrick had assured them he wouldn't run for president in 2020, although left the door open for the 2024 race... Twitter is already ablaze with Democrats who can't understand how a "private equity guy" expects to get the nomination in 2019, let alone one from the same firm that Mitt Romney founded.