The Group Edmond de Rothschild was founded in 1953 by Baron Edmond de Rothschild and presided over since 1997 by Baron Benjamin de Rothschild. The Group specialises in Asset Management and Private Banking. The Group has 2800 employees spread across 33 offices, branches and subsidiaries throughout the world. In addition to its core businesses of Asset Management and Private Banking, the Group is also active in Corporate Finance, Private Equity and Fund Administration.
History
In 1953, Edmond de Rothschild (1926-1997) set up the Compagnie Financière Edmond de Rothschild in Paris. This laid the groundwork for the international group through the acquisition of the Geneva based private banking practice in 1965 and the opening of a branch in Luxembourg three years later. In 1989, his son, Benjamin de Rothschild, founded the Compagnie de Trésorerie to offer advanced financial risk management services. Following the death of his father in 1997, Benjamin de Rothschild became president of the Group. Ariane de Rothschild, his wife, was appointed vice-president of the Group in 2009, and was nominated chief executive of Group in January 2015. In 2010, the LCF Rothschild (La Compagnie financière) group changed its name to Group Edmond de Rothschild as a tribute to its founder.
Other activities
Ariane and Benjamin de Rothschild have developed wineries in Bordeaux (Château Clarke, Château Malmaison, Château des Laurets), and in South Africa and Argentina. The Group also owns the Domaine du Mont d'Arbois in Megéve, as well as a farming business, le Domaine des Trente Arpents in Tournan in Brie. Benjamin de Rothschild is also invloved in the French Gitana Team sailing race, which was created in 2000.
Philanthropic activities
The Edmond de Rothschild Foundations centre on the empowerment of each individual. Their focus areas are education, arts and culture, social entrepreneurship, cross-cultural dialogue and health research. Education is at the heart of Edmond de Rothschild Group's philanthropic commitments; since 2008, Benjamin de Rothschild has contributioned to numerous universities in the world. The family foundations have also developed social entrepreneurship programmes, and the Ariane de Rothschild Fellowship, which aims to create a transatlantic network of social innovators.
The Rothschild Archive London does not hold any papers of the Group Edmond de Rothschild or its philanthropic foundations.