Fremont Group
Fremont Group is a private investment group based in San Francisco, California, USA. It was formerly known as Bechtel Investments, reflecting its ownership by the Bechtel family.
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
Organizations
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.[1]
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 has invested $10 million in The Fremont Group.[2][3] The investments represent a small fraction of the assets managed by Fremont, which has counted former Secretary of State George P. Shultz as a director.[4]
See also
References
- ^ www.caleracapital.com/pdf/20070222.pdf (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
- Fremont Group (official website)
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