Keeping with Bain Capital’s history of supporting communities in need following disasters, the firm has committed $100,000 from the Bain Capital Relief Fund to the Operation HOPE Disaster Fund, to support financial disaster recovery for survivors of Hurricane Michael.
Operation HOPE is grateful for this partnership and generous commitment that will extend our impact in the affected area through HOPE Coalition America (HCA), the central arm of HOPE’s national disaster preparedness and recovery programming division, HOPE Inside Disaster. Through the HOPE Crisis Hotline and HCA on-site counseling centers, our financial wellbeing coaches are helping survivors mitigate credit issues, develop emergency budget counseling, communicate with creditors, obtain SBA loans, prevent foreclosure, and prepare for the future.
About the Bain Capital Relief Fund
The Bain Capital Relief Fund was launched in 2017 and serves as an ongoing vehicle through which the firm can quickly and effectively deploy philanthropic dollars to organizations delivering humanitarian relief and ongoing reconstruction assistance to those affected by disasters. The Bain Capital Relief Fund was created after many years of employee-driven giving in the aftermath of natural disasters, including Hurricane Katrina and Hurricane Sandy, the 2010 earthquake in Haiti, the 2011 tsunami in Japan and the Boston Marathon bombing.
The Relief Fund made its first set of grants to support relief and reconstruction after the 2017 hurricanes in Puerto Rico. It builds on Bain Capital’s commitment of time, expertise, and resources to a wide array of nonprofit organizations around the world since the firm’s founding.
About Bain Capital
Bain Capital is one of the world’s largest multi-asset alternative investment firms with approximately $105 billion in assets under management. Based in Boston, Massachusetts, the firm has offices in 18 cities around the world and a global team of more than 1,000 professionals. Bain Capital operates through its business units which include Bain Capital Credit, Bain Capital Private Equity, Bain Capital Public Equity, Bain Capital Ventures, Bain Capital Double Impact, Bain Capital Life Sciences, Bain Capital Real Estate and Bain Capital Partnership Strategies.