Romney’s Bain Funds Showcase Deals for Wealthy Only

Mitt Romney, the presumptive Republican presidential nominee who became a millionaire running Bain Capital LLC, invested in funds run by his former firm that used investing and tax strategies beyond the reach of ordinary savers, a source of wealth underscored by documents released yesterday by the website Gawker.

More than 950 pages of confidential financial reports and investor correspondence, which Gawker obtained from a source it didn’t name, provide an investment-by-investment look at many deals that Boston-based Bain pursued for its clients, who include wealthy individuals and institutions such as public pensions and endowments. Romney, who co-founded Bain in 1984, was able to put money into the funds after he left in 1999 to oversee the Salt Lake City Olympics and later serve as governor of Massachusetts.