Fremont Group
TypePrivate
IndustryFinancial services
Headquarters
San Francisco, California
,
United States
Area served
United States
WebsiteFremont Group

Fremont Group is a private investment group based in San Francisco, California, United States. It was formerly known as Bechtel Investments up until 1993, reflecting its ownership by the Bechtel family.[1] In 1993, its name was officially changed to Fremont Investors, Inc.[2]

Organizations

The firm consists of three business areas:

In 2007, Calera Capital, a San Francisco-based private equity firm that spun out of the Fremont Group (its first institutional investor), changed its name from Fremont Partners as part of a rebranding effort in advance of raising its fourth private equity fund.[3]

The Fremont Group also distinguishing itself from Fremont General Corp, a financial services company and Fremont Investment & Loan, a retail bank.

Controversy

On May 5, 2003, The New Yorker ran an article revealing that the bin Laden family had invested $10 million in The Fremont Group.[4][5] The investments represented a small fraction of the assets managed by Fremont.[6]

See also

References

  1. ↑ "HISTORY". www.fremontgroup.com.
  2. ↑ "History".
  3. ↑ www.caleracapital.com/pdf/20070222.pdf Archived 2008-11-20 at the Wayback Machine (Reprint from TheDeal.com, February 2007)
  4. ↑ The Contractors by Jane Mayer. The New Yorker, May 5, 2003)
  5. ↑ The Bechtel-bin Laden connection (CNNMoney.com)
  6. ↑ Bin Laden Family, With Deep Western Ties, Strives to Re-establish a Name (New York Times, 2001)


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.