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.

Organizations

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.[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
  1. www.caleracapital.com/pdf/20070222.pdf Archived 2008-11-20 at the Wayback Machine (Reprint from TheDeal.com, February 2007)
  2. The Contractors (by Jane Mayer. The New Yorker, May 5, 2003)
  3. The Bechtel-bin Laden connection (CNNMoney.com)
  4. Bin Laden Family, With Deep Western Ties, Strives to Re-establish a Name (New York Times, 2001)


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