Fremont Group | |
Type: | Private |
Industry: | Financial services |
Hq Location City: | San Francisco, California |
Hq Location Country: | United States |
Area Served: | United States |
Owners: | --> |
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]
The firm consists of three business areas:
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.
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]