Bain's Pagliuca swears off politics, slams DC

Stephen G. Pagliuca, managing director of Bain Capital LLC
Michael Nagle | Bloomberg | Getty Images

In 2009, Bain Capital managing director Stephen Pagliuca imitated former colleague Mitt Romney and ran for public office in Massachusetts, failing in a bid to take Ted Kennedy's U.S. Senate seat. Would he run again?

"I don't think I would," Pagliuca said Friday at the Dow Jones Private Equity Analyst Conference in New York. "I think it's very difficult to jump out of business in general and run for office unless you prepared for it your whole life. ... You have to defend everything you did."

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