Romney’s Bain puts €500m into Irish SME fund
• Former US presidential candidate Romney set up lender with billionaire financier • Broadhaven to shift focus from property to SME sector
Mitt Romney’s Bain Capital, is set to sink half a billion euro into the Irish private lender he owns with billionaire financier Dermot Desmond.
Broadhaven, a private lender set up by Desmond and Romney’s Bain Capital in 2014, has spent the original €200 million war chest it had when it was set up.
Bain is understood to be providing the entirety of the new funding. The extra funding, which was initially agreed...
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