Koch Brothers New Invest

Charles Koch and his brother David Koch are well known investors who have now started a new fund. Their grandfather Harry Koch emigrated to the US from the Netherlands in 1888 and now its appears the Koch brothers have started a new fund under that name. The fund will manage about $2 billion in assets and this is interesting.

It incorporated in Delaware in 2014, and has filed for business in other states including California and Florida. The brothers have hired a manager called Trent May who was successful with investment in Wyoming. The fund will focus on investments were the Kochs can take a direct stake, including a telecommunications company called X5 OpCo LLC. May had success in Wyoming and ran his own hedge fund registered with the SEC. He also hired Jeffrey Strayer to oversee investments.

Charles Koch is a well known member of the Koch brothers and was educated at the Massachusetts Institute of Technology with B.S. and M.S. in Engineering. He eventually become President of his father’s business which he renamed Koch industries. Approximately he is worth $41.3 billion. He is also director of Investa and Georgia-Pacific LLC. Charles Koch has been successful with his fathers business and has also ventured into his own businesses and is also a patron of the arts and creative projects. The Koch brothers are well known investors and any investments they make are sure to generate interest and analysis. Koch is known politically as a libertarian and is known to cites Van Mises as an influence on his thinking.

This article recapped http://www.bloomberg.com/news/articles/2016-03-15/the-billionaire-koch-brothers-have-a-hot-new-number-1888

One thought on “Koch Brothers New Invest”

Comments are closed.