By  on November 11, 2009

Former Wal-Mart Stores Inc. chief H. Lee Scott Jr. has jumped into the private equity game and joined Solamere Capital, an investment firm cofounded by Tagg Romney, son of former Republican presidential candidate Mitt Romney.

Scott, who earlier this year ended a nine-year run as president and chief executive officer of Wal-Mart, will be an operating partner and member of the Lexington, Mass.-based firm’s investment committee.

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