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Fremont Group
Private investment firm based in San Francisco, California From Wikipedia, the free encyclopedia
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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]
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Organizations
The firm consists of three business areas:
- FPR Partners – a hedge fund
- Fremont Realty Capital – a real estate investment firm
- Fremont Ventures – a venture capital investment firm
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.
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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
External links
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