Chicago fund manager and philanthropist Richard Driehaus is dead at 78

CHICAGO (MarketWatch) — Famous Chicago financial commitment and fund supervisor Richard Driehaus died late Tuesday of normal results in at 78, his agency, Driehaus Money Administration, declared Wednesday. Crain’s Chicago Organization reported that he’d suffered a mind hemorrhage. He was as perfectly-known regionally for philanthropy and historic preservation as for economical acumen. DePaul University’s undergraduate small business college bears his name, as does a prize for common and classicist architecture awarded by the College of Notre Dame. His boutique administration organization, with $13.2 billion under management at the conclude of February, operates from a cluster of meticulously restored houses in the River North area of Chicago, a short wander from his restored Gold Coastline mansion. “Richard led a lifestyle of zest and mental curiosity. His path and particular story had been greater than lifetime, and the effect he manufactured as an investor is perhaps only rivaled by the considerable legacy he left as a philanthropist,” reported Driehaus CEO Steve Weber, in a statement. In 2000, he was identified by Barron’s as one of 25 folks who experienced been most influential in the mutual-fund organization above the prior century.