Lee Thomas Kranefuss was born on September 27,1961 and is an American businessman, investment manager, corporate adviser, and entrepreneur.
13 Facts About Lee Kranefuss
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Lee Kranefuss saw the opportunity to commercialize and grow the extant but immaterial ETF industry that had developed by the time iShares was launched in 2000, and is credited with driving ETFs from a novelty product to a mainstream investment choice through aggressive education and promotion of the iShares line.
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In 2012, Lee Kranefuss associated with private equity firm Warburg Pincus.
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Lee Kranefuss has since left his daily and strategic oversight roles with that firm.
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In mid-2017, Lee Kranefuss announced he was working on a disruptive web-based application to enable better investment planning.
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Lee Kranefuss's intent is to build a very intuitive and experiential tools for investment planning, leveraging current machine-learning, classification, and other techniques.
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In 1997 Lee Kranefuss joined Barclays Global Investors, the company that invented index funds.
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In that role Lee Kranefuss conceived of the plan for the iShares business.
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Lee Kranefuss announced at the time he would be stepping away from daily management duties to assume the title of Vice Chairman of iShares, focusing on the transition process.
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Lee Kranefuss left BlackRock at the end of April 2010.
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Lee Kranefuss is currently focused on corporate advisory and principal investing in the asset management industry.
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Lee Kranefuss was a seed investor in the quantitative money management company Ada Investment Management, a hedge fund managed by Vinay Nair.
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Lee Kranefuss appeared at the 2010 Fortune Brainstorm Green conference to talk about that.