Fremont Group
| Company type | Private |
|---|---|
| Industry | Financial services |
| Headquarters | , United States |
Area served | United States |
| Website | Fremont 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
[edit]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.
Controversy
[edit]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
[edit]References
[edit]- ^ "HISTORY". www.fremontgroup.com.
- ^ "History".
- ^ Private Equity – Fremont is Now Calera Capital Archived 2008-11-20 at the Wayback Machine (Reprint from TheDeal.com, February 2007)
- ^ The Contractors by Jane Mayer. The New Yorker, May 5, 2003)
- ^ The Bechtel-bin Laden connection (CNNMoney.com)
- ^ Bin Laden Family, With Deep Western Ties, Strives to Re-establish a Name (New York Times, 2001)
External links
[edit]- Fremont Group (official website)
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