Fremont Group is a private investment group based in

San Francisco, California San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th ...

, United States. It was formerly known as Bechtel Investments up until 1993, reflecting its ownership by the

Bechtel Bechtel Corporation () is an American engineering, procurement, construction, and project management company founded in San Francisco, California, and headquartered in Reston, Virginia. , the ''Engineering News-Record'' ranked Bechtel as the sec ...

family. In 1993, its name was officially changed to Fremont Investors, Inc.

Organizations

The firm consists of three business areas: * FPR Partners - a

hedge fund A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as sho ...

* Fremont Realty Capital - a

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

investment firm * Fremont Ventures - a

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

investment firm In 2007,

Calera Capital Calera Capital is a private equity firm focused on investments in middle-market companies. Founded in 1991, the firm is currently investing out of its fifth fund, Calera Capital Partners V, which was raised in 2017. Calera Capital has offices i ...

, a San Francisco-based

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a ty ...

firm that spun out of the Fremont Group (its first

institutional investor An institutional investor is an entity which pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linked co ...

), changed its name from Fremont Partners as part of a rebranding effort in advance of raising its fourth

private equity fund A private equity fund (abbreviated as PE fund) is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equity ...

. The Fremont Group also distinguishing itself from Fremont General Corp, a

financial services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...

company and Fremont Investment & Loan, a

retail bank Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking servi ...

Controversy

On May 5, 2003, ''

The New Yorker ''The New Yorker'' is an American weekly magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. Founded as a weekly in 1925, the magazine is published 47 times annually, with five of these issues ...

'' ran an article revealing that the

bin Laden family The Binladin family ( ar, عائلة بن لادن, ) is an Arab family intimately connected with the innermost circles of the House of Saud, Saudi royal family. It is the namesake and controlling shareholder of Saudi Binladin Group, a multinati ...

had invested $10 million in The Fremont Group. The investments represented a small fraction of the assets managed by Fremont, which has counted former Secretary of State

George P. Shultz George Pratt Shultz (; December 13, 1920February 6, 2021) was an American economist, businessman, diplomat and statesman. He served in various positions under two different Republican presidents and is one of the only two persons to have held fou ...

as a director.Bin Laden Family, With Deep Western Ties, Strives to Re-establish a Name
(New York Times, 2001)

References

External links

Fremont Group
(official website) Bechtel Companies based in San Francisco Investment management companies of the United States Hedge funds Private equity firms of the United States {{US-finance-company-stub

Organizations

Controversy

See also

References

External links