Romney Takes Post at Son's Equity Firm

Mitt returns to private sector
By John Johnson,  Newser Staff
Posted Mar 6, 2013 5:23 PM CST
Mitt Romney hugs son Tagg at a campaign rally in Ohio last November.   (AP Photo/Charles Dharapak)

(Newser) – If the public sector won't have him, Mitt Romney is fine returning to the private one: He is taking a new post with son Tagg's venture capital firm, reports NBC News. Romney will serve as chair of Solamere Capital's executive committee, which translates into about a week of work per month advising on private-equity decisions. Letters have gone out to top investors, reports AP, which notes that Romney already was a limited partner at the Boston company. (Read more Mitt Romney stories.)

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