Rainer-Marc Frey
- January 10, 2024
- Banker
Quick Facts
Full Name | Rainer-Marc Frey |
Occupation | Banker |
Date Of Birth | Jan 10, 1963(1963-01-10) |
Age | 61 |
Country | Switzerland |
Birth City | Liestal |
Horoscope | Capricorn |
Rainer-Marc Frey Biography
Name | Rainer-Marc Frey |
Birthday | Jan 10 |
Birth Year | 1963 |
Home Town | Liestal |
Birth Country | Switzerland |
Birth Sign | Capricorn |
Rainer-Marc Frey is one of the most popular and richest Banker who was born on January 10, 1963 in Liestal, Switzerland. Rainer-Marc Frey was a Swiss citizen who was born in Basel-Landschaft on January 10, 1963. After his Matura in economics from the Gymnasium of Liestal he went on to study economics at St. Gallen. Summa cum laude, he received a degree (lic.) in economics. oec. HSG) in 1986.
In 1996, Castle Alternative Invest was launched as a hedge fund investment firm. This collaboration was a success with Swiss Life (then Schweizerische Lebensversicherungs- und Rentenanstalt). Swiss Life was expanding rapidly their alternative investment activities and gained a 23.5% stake in RMF, valued at CHF 44 millions in 1998 and 2000. In the following years, further cooperations were established with insurance companies. Market neutral strategies for hedge funds gained popularity as the dot-com bubble burst. Credit Suisse also invested nearly CHF 4 billion through RMF in hedge fund strategies that year. RMF was the main client of most major Swiss insurers by 2002.
The sale of his stake in RMF resulted in proceeds of approximately CHF 500 million for Frey. However, Frey and his partners did not rest on their laurels after the sale. In 2004 already, they founded their next investment firm, which would specialize in alternative investments, Horizon 21 AG, headquartered in Pfäffikon, Schwyz.
In September 2005, Swiss Re became a strategic partner to Horizon21 and acquired a 20% stake in the Horizon21 Alternative Investments business unit. A year later, the partnership between the two firms grew stronger, as they joined efforts in the private equity fund of funds business. Horizon21 took over the private equity activities of Swiss Re, which in turn bought 30% of the Horizon21 Private Equity Holding.
RMF Investment Group grew from 1996 to 2002 into Europe’s leading alternative asset manager. In 2002, assets under management reached USD 8.5 billion. Man Group plc offered RMF a takeover of CHF 1.35billion in the same year. RMF shareholders accepted the offer and it merged into Man Group. RMF’s 12-member management group committed to staying on board for three years as part of the deal. The Man Group was the largest global provider of hedge fund investment services through this acquisition.
Rainer-Marc Frey Net Worth
Net Worth | $5 Million |
Source Of Income | Banker |
House | Living in own house. |
Rainer-Marc Frey is one of the richest Banker from Switzerland. According to our analysis, Wikipedia, Forbes & Business Insider, Rainer-Marc Frey 's net worth $5 Million. (Last Update: December 11, 2023)
Rainer-Marc Frey, a Swiss investor and businessman, was born January 10, 1963. He is a significant influence on the Swiss financial sector and international hedge fund industry.
He gained his first professional experience at American investment banks Merrill Lynch, Salomon Brothers, and quickly rose through the ranks. He was instrumental in opening new trading offices in Zurich, Frankfurt and at Salomon Brothers. He left Salomon Brothers in 1992 despite excellent career prospects and started his own hedge fund, the RMF Investment Group, with two partners from Zug.
Frey is the Vice-President of the Board of the Frey Charitable Foundation (FCF), founded in 2004. In Africa, FCF focuses on supporting outstanding social entrepreneurs in a variety of thematic areas.
Height, Weight & Body Measurements
Rainer-Marc Frey height Not available right now. Rainer-Marc weight Not Known & body measurements will update soon.
Who is Rainer-Marc Frey Dating?
According to our records, Rainer-Marc Frey is possibily single & has not been previously engaged. As of December 1, 2023, Rainer-Marc Frey’s is not dating anyone.
Relationships Record : We have no records of past relationships for Rainer-Marc Frey. You may help us to build the dating records for Rainer-Marc Frey!
Since the inception of Horizon21, the management of the founders’ and partners’ wealth has been a focal point of its activities. Following a strategic re-orientation in 2010, Horizon21 positioned itself as a private investment office and it tailors its activities around the founders’ and partners’ investment needs.
Facts & Trivia
Rainer-Marc Ranked on the list of most popular Banker. Also ranked in the elit list of famous people born in Switzerland. Rainer-Marc Frey celebrates birthday on January 10 of every year.