| 词条 | General American Investors Company |
| 释义 |
HistoryThe General American Investors investment trust was launched in 1927 under the sponsorship of Lazard Frères and Lehman Brothers.[2] In its first year of operation, it earned $1.1 million.[2] In September 1928, Lazard Frères and Lehman Brothers launched a second fund, named the Second General American Investors Company.[2] In August 1928, the two funds merged, to form the current General American Investors Company, with Lazard Frères and Lehman Brothers underwriting the $40 million deal.[2] The early years of the Great Depression were difficult for the fund, but the fund recovered as the 1930s progressed.[2] The fund had assets valued at $15 million in 1932; at $23.1 million in 1933; and $30.1 million in 1935.[2] Assets dropped to $24.7 million in 1937; $30 million in 1939; then dropped to $25.5 million in 1943; dropping slightly to $25.3 million in 1945.[2] LeadershipChairmen of the General American Investors Company
Presidents / Portfolio Managers of the Fund
References1. ^1 "About Us" from General American Investors website 2. ^1 2 3 4 5 6 Harvard Business School Profile of the General American Investors Company 2 : Companies listed on the New York Stock Exchange|Investment companies of the United States |
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