It will be interesting to see how the debate over private equity’s role in the U.S. economy plays out this week in Boston, where 600 middle-market dealmakers are expected to converge at the 2012 Boston Growth Conference & ACG Capital Connection, held at the Hynes Convention Center.

Boston is home to Bain Capital, the private equity firm that presidential hopeful Mitt Romney co-founded in 1984. Bain has been under attack lately in a series of television ads distributed by President Barack Obama’s campaign that depict Romney and the firm as job-cutting corporate raiders. Bain has defended itself, saying in a statement emailed to reporters: “Despite political attacks that emphasize the few companies that have struggled, the facts are that during Bain Capital’s ownership, revenues grew in 80 percent of the more than 350 companies in which we have invested.”

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