The couples divorce announcement last month cracked the curated image. He is the Chief Investment Officer for The Gates Foundation and Bill Gates' fortune, through the Cascade Investment fund. Michael Larson, manager of Gates' $170 billion who was supposed to keep Being the investment chief for one of the worlds biggest family fortunes might seem like an enviable job for an investor mulling creative bets. By using Ecolab.com, you consent to our use of cookies. I wish everyone understood that.- Bloomberg, Also read: Microsoft names Satya Nadella chairman, rewards him for turning around tech giant, Subscribe to our channels on YouTube & Telegram. Bill Gates has said about Michael Larson Since Microsoft is my primary focus, I wanted someone who could operate on their ownI also wanted someone with a conservative philosophy about investing. Additionally, claims have come forth of sexist and racist comments that Larson made. However, the severity of these claims and the consideration that many may not have come forward are food for thought. Get Verified Emails for 20 Cascade Investment Employees. The firm also has been involved in currency and commodities trading, venture capital and the development of a property complex in downtown Tampa. [1], Larson was born in Sacramento, California in October 1959. His Investments Say Otherwise. French Gates hired a law firm to investigate the woman's claims and the culture at Cascade, and Larson was placed on leave. He also has served on several other public company boards providing him relevant corporate governance experience. Michael Larson, the son of an industrial engineer, grew up in North Dakota and then in Albuquerque. Learn more about Michael Larson, Investment Advisor, Cascade Investment Group including contact information, career history, news and intelligence. $10 billion is farmed out to around 25 other money managers, helping to hide the trail and generate other ideas. That track record is broadly representative of Cascades overall returns, another person said. [2] It is controlled by Bill Gates, and managed by Michael Larson. Access your favorite topics in a personalized feed while you're on the go. Because I think some stocks have behavior patterns that run counter to Microsoft, says Larson. Contact. He adds that family offices are changing and evolving in a number of fundamental ways. After two years, Larson left Putnam to run his own fund.[1]. Business data for Cascade Investment, LLC: This page was last edited on 7 January 2023, at 14:28. So he came out, and the two men hit it off. About 5% of Gates portfolio is farmed out to managers like McNamees Integral Capital Partners and Blue Ridge Capital, a New York hedge fund run by John Griffin, former right-hand man of Julian Robertson at Tiger Management. In 1996, he later hired Alan Heuberger, a fellow graduate of Claremont McKenna College.

Stretch Wrap Toolstation, Rodney Patterson Obituary, Havelock, Nc Arrests, Scarless Arm Lift Florida, Hounslow Highways Dropped Kerb, Articles M