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Bain Capital commits $4m to help the Boston nonprofit GreenLight Fund expand nationally
The largest corporate gift in the groupâs 16-year history will target social problems in cities
By Jon Chesto Globe Staff,Updated April 19, 2021, 8:15 p.m.
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GreenLight Fund founders Margaret Hall and John SimonPhoto courtesy of The GreenLight Fund
Bain Capital, the Boston private-equity titan, has invested in dozens of for-profit companies over the years. But now Bainâs partners are making a different type of investment, with their $4 million commitment to inner cities across the country through the Boston-based GreenLight Fund.
Bain plans to announce the donation on Tuesday.