Bain Capital Ventures is the venture capital arm of Bain Capital, focused on seed through late-stage growth equity investing in software, hardware, information, healthcare, and technology-driven business services companies.
Yes ultimately those who write the checks call the shots (behind closed doors and off the record). But I'm pretty damned sure the SEC will not allow them to operate in a managerial capacity. It would put Bain in a position to get real fucking Enron real fucking quick (aka cooking the books).
Check wikipedia.
http://en.wikipedia.org/wiki/Bain_Capital This Bain dragon is 1 fucking huge monster. I'd imagine there are 100's of layers of authority between BCV and the who.
Even if the SEC allowed them to operate in a managerial capacity no one has the where withall to get hands on with a portfolio of Fortune 500 companies this big:
CRC / Aspen
and..
Clear Channel Communications
3Comm
Burlington Coat Factory
Home Depot Supply
Guitar Center
Bain Capital founded, acquired or invested in hundreds of companies including:
Bright Horizons Family Solutions,
Brookstone,
Domino's Pizza,
Sealy,
The Sports Authority.
and holds positions in major companies including:
Toys R Us,
Burger King
Unisource.
One of the fund's first start-up investments was Staples, Inc.
The scariest part is that it's run by a mormon running for president.