Bain Capital LLC, BC Parners Ltd, and Goldman Sachs Capital Partners, together, own Brachem Acquisition SCA, a Luxemborg holding company.

How do we know this? That Bain, BC, and Goldman Sachs are the partners that own Brachem? A recent transaction:

Private equity investors cash out of Brenntag

How can we know if there isn't a clever little accounting trick linking Bain Capital (USA) and BC Capital (UK) together?



The private equity trio, which invested in Brenntag through their Luxembourg holding company Brachem Acquisition SCA, raised a final €611 million ($751.58 million) from the share placement, more than two years after the initial public offering of March 2010.

Sadly, there is little information available about Brachem Acquisition SCA on line. It's a secret Luxembourg entity.

For $288 D&B hints it might give up some details.

Luxembourg is the ‘Death Star’ of tax havens

Vanity Fair missed Luxembourg in their article Where the Money Lives.

Of course, we'll never know if Mitt Romney under his name, his wife Ann, or his dog has money stashed in Luxembourg or what remuneration Mitt might receive through Brachem. That's the beauty of a secret, offshore tax haven!

But the proof that Bain does is above.

I've read enough now about Bain Capital to use the analogy that Bain's money moves around the world at speeds enviable by the God particle whizzing through the Hadron collider.

Whose money?