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Bain Capital Co-Chairman Stephen Pagliuca Retiring After 34-Year Career

Bain Capital Co-Chairman Stephen Pagliuca Retiring After 34-Year Career

Bain Capital Co-chairman Stephen Pagliuca is retiring after a 34-year stint at the private equity firm, The Wall Street Journal reported.

Pagliuca will remain a senior advisor at the firm and will continue to be involved in the portfolio companies in which he holds a board seat.

Pagliuca will also continue to be a significant investor in Bain’s funds with co-managing partners John Connaughton and Jonathan Lavine, who took up their roles in 2016, continuing to lead the firm.

Pagliuca first joined Bain Capital in 1989 and has been involved in several notable takeovers over the years, including the purchase of Gartner, where he is still a board member.

Pagliuca also helped lead Bain’s investment in hospital chain HCA, now HCA Healthcare, Burger King, Virgin Australia and Worldpay Group, among others.

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.