Mitt Romney's old firm raises $910M

Solamere Capital, a Boston-based private equity firm formerly chaired by Mitt Romney, has raised $910 million for its fourth flagship fund, according to Axios. Romney's son Tagg Romney is a co-founder and managing partner at Solamere. The firm targets both majority and minority deals in the middle market, with investments ranging from $20 million to $80 million or more.