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'''Richard H. Driehaus''' ( born 1942 in [[Chicago]]) is a [[Investment management|fund manager]], [[Businessperson|businessman]] and [[Philanthropy|philanthropist]] founder, Chief Investment Officer and [[chairman]] of ''Driehaus Capital Management'' based in Chicago, a firm which manages U.S. $3 billion. In the year 2000, he was named [[Barron's Magazine|Barron]]'s "All-Century" team of the 25 individuals who have been the most influential within the mutual fund industry over the past 100 years.

== Education ==
Driehaus attended high school at [[St. Ignatius College Prep]] and holds a [[Bachelor's degree|BSc]] 1965, [[Master of Business Administration|MBA]] 1970 and an honorary doctorate degree from [[DePaul University]] in 2002.

== Career ==
From 1968 through 1973, he developed research ideas for the Institutional Trading department at
''A.G. Becker & Co'' In 1973, he became Director of Research for ''Mullaney, Wells & Co'' In 1976,
he became Director of Research and a money manager for ''Jesup & Lamont''. He founded Driehaus Securities LLC in 1980, followed by Driehaus Capital Management LLC in 1982, Driehaus Mutual Funds in 1996 and Driehaus Capital Management (USVI) LLC in 1997.

== Philanthropy ==
Driehaus has contributed a total of $3.74-million from 1984 to 1987, which is now worth $92-million. The foundation has distributed $20.5-million since its inception and will distribute $4-million a year, mostly in Chicago.
Originally, Mr. Driehaus says, his plan was to give away only $100-million during his lifetime. But he now believes that he will end up parting with more than twice that amount.
*[http://philanthropy.com/free/articles/v13/i02/02000901.htm Article from The Chronicle of giving]
*[http://cache.zoominfo.com/cachedpage/?archive_id=0&page_id=591113940&page_url=%2f%2fwww.jerusalemfund.com%2fmissions%2fdriehaus.htm&page_last_updated=11%2f11%2f2004+8%3a20%3a59+PM&firstName=Richard&lastName=Driehaus Philanthropy]
*[http://www.sxu.edu/admission/news/news_story.asp?iNewsID=215&strBack=%2Fadmission%2Fnews%2Fnews_archive.asp Gift to University]

== Driehaus Prize ==
In addition to other philanthropic pursuits, the $200,000 ''Richard H. Driehaus Prize for Classical Architecture'' was established and is presented annually through the [[University of Notre Dame]]’s School of Architecture to honor a major contributor in the field of traditional and classical architecture. The recipient for 2007 was the husband-wife architect and urbanist team of [[Andres Duany]] and [[Elizabeth Plater-Zyberk]].
*[http://www.driehausprize.org/ Driehaus Prize] Official site
*[http://zakuski.utsa.edu/krier/driehaus.html Award] article

== Museum ==
[[Richard H. Driehaus Museum]] [http://www.chicagomag.com/Chicago-Magazine/October-2007/A-Classic-Act/] [http://abclocal.go.com/wls/story?section=news/local&id=5304519] in Chicago is scheduled to open for group tours and a limited number of private events in June 2008. The full museum opening is expected in fall 2008.

The museum is housed in the three-story, 24,000-square-foot [[Nickerson House|Samuel M. Nickerson Mansion]] [http://www.cityofchicago.org/Landmarks/N/NickersonHouse.html] in Chicago's [[River North]]. The 20-room museum will feature [[Louis Comfort Tiffany]] glass panels, statues, wall art, lamps and chandeliers from the personal collection of Richard Driehaus. Accumulated over the last three decades, the collection is one of the largest personal collections of Tiffany objects in the world.

== See also ==
*[[List of personalities associated with Wall Street]]

== Notes ==
== References ==
{{refbegin}}
*[http://www.forbes.com/free_forbes/2004/1213/215.html Forbes]
*[http://www.sxu.edu/admission/news/news_story.asp?iNewsID=215&strBack=%2Fadmission%2Fnews%2Fnews_archive.asp University]
*[http://www.businessweek.com/bwdaily/dnflash/oct2002/nf2002107_9091.htm BusinessWeek]
*[http://money.cnn.com/magazines/moneymag/moneymag_archive/2003/10/01/350553/index.htm Master of momentum investing]
*[http://www.google.co.uk/books?q=%22RICHARD+DRIEHAUS%22&as_brr=0 Referenced in Books]
{{refend}}

== Further reading ==
*{{cite book
| last = Schwager
| first = Jack D.
| authorlink = Jack D. Schwager
| title = The New Market Wizards
| publisher = Wiley; New Ed edition
| date = 1995
| location = 12 pages
| id = ISBN 0-471-13236-5 }}

== External links ==
*[http://www.driehausfoundation.org Driehaus Foundation]
*[http://www.driehaus.com Official site]
*[http://www.turtletrader.com/trader-driehaus.html Profile]

{{DEFAULTSORT:Driehaus, Richard}}
[[Category:1942 births]]
[[Category:Living people]]
[[Category:American businesspeople]]
[[Category:American investors]]
[[Category:American money managers]]
[[Category:American philanthropists]]
[[Category:DePaul University alumni]]
[[Category:Financial analysts]]
[[Category:German-Americans]]
[[Category:Hedge fund managers]]
[[Category:People from Chicago, Illinois]]
[[Category:People in finance]]
[[Category:Stock and commodity market managers]]

Revision as of 02:36, 10 December 2008

Richard H. Driehaus ( born 1942 in Chicago) is a fund manager, businessman and philanthropist founder, Chief Investment Officer and chairman of Driehaus Capital Management based in Chicago, a firm which manages U.S. $3 billion. In the year 2000, he was named Barron's "All-Century" team of the 25 individuals who have been the most influential within the mutual fund industry over the past 100 years.

Education

Driehaus attended high school at St. Ignatius College Prep and holds a BSc 1965, MBA 1970 and an honorary doctorate degree from DePaul University in 2002.

Career

From 1968 through 1973, he developed research ideas for the Institutional Trading department at A.G. Becker & Co In 1973, he became Director of Research for Mullaney, Wells & Co In 1976, he became Director of Research and a money manager for Jesup & Lamont. He founded Driehaus Securities LLC in 1980, followed by Driehaus Capital Management LLC in 1982, Driehaus Mutual Funds in 1996 and Driehaus Capital Management (USVI) LLC in 1997.

Philanthropy

Driehaus has contributed a total of $3.74-million from 1984 to 1987, which is now worth $92-million. The foundation has distributed $20.5-million since its inception and will distribute $4-million a year, mostly in Chicago. Originally, Mr. Driehaus says, his plan was to give away only $100-million during his lifetime. But he now believes that he will end up parting with more than twice that amount.

Driehaus Prize

In addition to other philanthropic pursuits, the $200,000 Richard H. Driehaus Prize for Classical Architecture was established and is presented annually through the University of Notre Dame’s School of Architecture to honor a major contributor in the field of traditional and classical architecture. The recipient for 2007 was the husband-wife architect and urbanist team of Andres Duany and Elizabeth Plater-Zyberk.

Museum

Richard H. Driehaus Museum [1] [2] in Chicago is scheduled to open for group tours and a limited number of private events in June 2008. The full museum opening is expected in fall 2008.

The museum is housed in the three-story, 24,000-square-foot Samuel M. Nickerson Mansion [3] in Chicago's River North. The 20-room museum will feature Louis Comfort Tiffany glass panels, statues, wall art, lamps and chandeliers from the personal collection of Richard Driehaus. Accumulated over the last three decades, the collection is one of the largest personal collections of Tiffany objects in the world.

See also

Notes

References

Further reading

  • Schwager, Jack D. (1995). The New Market Wizards. 12 pages: Wiley; New Ed edition. ISBN 0-471-13236-5.{{cite book}}: CS1 maint: location (link)