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
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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.
The Fremont Group also distinguishing itself from Fremont General Corp, a financial services company and Fremont Investment & Loan, a retail bank.
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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. 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.
Source of the article : Wikipedia
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