Former Gov. Deval Patrick's new job as a managing director at Bain Capital will have him hone in on investment opportunities that support social good, the company said.
He joins company leader and fellow Boston 2024 Olympic supporter Steve Pagliuca, managing director at Bain.
Patrick is expected to target investment opportunities that support social good through education, health, energy, environment and neighborhood development, according to the company.
The announcement comes weeks after Patrick, who served two terms as governor from 2006 to 2014, was tapped in early March to represent the Boston 2024 Olympics bid as a "global ambassador" at a rate of $7,500 a day.
But amid a public outcry over secrecy and hefty salaries for ex-Patrick administration officials hired by the nonprofit, Patrick said he was pursuing another job and would work for Boston 2024 for no pay.
At the time, he did not disclose where he'd land, and a Bain spokesman yesterday declined comment on the timetable of Patrick's discussions with the company, saying only that they began after the former governor left office Jan. 8.
He joins Pagliuca, who is also co-chairman of the Boston 2024 fundraising and finance committee as well as a co-owner of the Celtics.
Pagliuca also ran unsuccessfully for U.S. Senate in 2009 in the special election Democratic primary to fill former U.S. Sen. Edward M. Kennedy's seat. Martha Coakley won the primary but lost in the election to Scott Brown.
Bain Capital was founded by former two-time GOP presidential candidate Mitt Romney.
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