American businessman, investment manager, corporate adviser, and entrepreneur
Lee Kranefuss
Born
Lee Thomas Kranefuss
(1961-09-27) September 27, 1961 (age 62)
Endicott, NY
Education
BSEE, Cornell University (1984); MBA, Wharton (1991)
Board member of
Parker Center for Investment Research, ICI Board of Governors (former)
Lee Thomas Kranefuss (born September 27, 1961) is an American businessman, investment manager, corporate adviser, and entrepreneur.
Kranefuss started and ran the iShares series of exchange-traded funds (ETFs) for Barclays Global Investors (BGI), the asset management arm of Britain's Barclays Bank. BGI was acquired by BlackRock in December 2009. 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. By the end of 2009, global ETF assets exceeded a trillion dollars globally, with nearly half the total in the iShares funds.[1]
In 2012, Kranefuss associated with private equity firm Warburg Pincus. Subsequently, in 2014, acquiring over 50% of Source ETFs, a leading European ETF provider.[2] The firm was successfully sold to Invesco in 2017[3]
In 2016, Kranefuss and associates Vinay Nair and Bruce Lavine (former head of iShares Europe and then COO and President of Wisdom Tree) announced the formation of 55 Capital Partners.[4][5] Kranefuss has since left his daily and strategic oversight roles with that firm.
In mid-2017, Kranefuss announced he was working on a disruptive web-based application to enable better investment planning. The software is aimed at both individual investors as well as professional advisors. His intent is to build a very intuitive and experiential tools for investment planning, leveraging current machine-learning, classification, and other techniques.
^"ETF Assets Top $1 Trillion". Archived from the original on April 10, 2010.
^"Kranefuss joins Warburg Pincus".
^"Invesco to expand its ability to meet client needs in EMEA and globally by acquiring Source, a leading independent provider of ETFs" (PDF). April 27, 2017. Retrieved February 2, 2018.
Lee Thomas Kranefuss (born September 27, 1961) is an American businessman, investment manager, corporate adviser, and entrepreneur. Kranefuss started...
Kranefuss (or Kranefuß) is a German surname, and may refer to: Fritz Kranefuss (1900-1945), German industrialist LeeKranefuss (born 1961), American businessman...
an extensive education and marketing effort. The effort was led by LeeKranefuss, who worked closely with the inventor of the ETF, Nate Most, at that...
Bosch GmbH; Keith Duckworth, known for the Cosworth DFV, and Michael Kranefuss, head of Ford Motor Sport; Walter Hayes of Ford of Europe; Renault began...
geändert. "New revelations about the Mufti's Nazi ties – and Nasser's". Lee, Daniel (2020). The S.S. Officer's Armchair: Uncovering the Hidden Life of...
racing commentator. He is the son of racer Richard Petty, grandson of racer Lee Petty, and father of racer Adam Petty, who was killed in a crash during practice...
award. Following her results in the previous year, Kranefuss-Haas Racing owner Michael Kranefuss was interested in Robinson having seen her compete at...
marked the 54th career win for Rusty Wallace. With this win, Wallace tied Lee Petty for seventh on NASCAR's all-time win list. This was also Wallace's...
500 and in NASCAR, behind the Bodines (Geoff, Brett, and Todd), Pettys (Lee, Richard, and Kyle), Earnhardts (Ralph, Dale, Dale Jr. and Jeffrey), and...
Superspeedway. Towards the end of the season, Mayfield left to drive for Michael Kranefuss, whose previous driver John Andretti moved to the 98, finishing fifth...
Robert Pressley Leo Jackson Motorsports Chevrolet Skoal 37 Jeremy Mayfield Kranefuss-Haas Racing Ford Kmart, Little Caesars 41 Ricky Craven Larry Hedrick Motorsports...
Bobby Hillin Jr. 13 Terry Whooten Morgan Shepherd 11 Robert Pressley 8 Kranefuss-Haas Racing 37 Jeremy Mayfield Paul Andrews Penske Racing South 2 Rusty...
race. His great-grandfather, NASCAR pioneer Lee Petty, lived to see Adam race in NASCAR's top level. Lee would die just three days later on April 5, at...
Racing 81 Kenny Wallace Gil Martin 1 H.L. Waters Racing 0 Delma Cowart 6 Kranefuss-Haas Racing 07 Robby Gordon Tim Brewer 1 Geoff Brabham 1 Melling Racing...
the end of the season in Dearborn, Michigan, where they sat in Michael Kranefuss' office and watched a videotape Larry Nuber made highlighting Jeff's fifteen-year...
Steve Park Dale Earnhardt, Inc. Chevrolet Pennzoil 2 Rusty Wallace Penske-Kranefuss Racing Ford Miller Lite 3 Dale Earnhardt Sr. Richard Childress Racing...
Robert Pressley Leo Jackson Motorsports Chevrolet Skoal 37 Jeremy Mayfield Kranefuss-Haas Racing Ford Kmart, Little Caesars 41 Ricky Craven Larry Hedrick Motorsports...
Richmond International Raceway began hosting the Grand National Series with Lee Petty winning that first race in Richmond. The original track was paved in...
with Ned Jarrett as an analyst. The turn reporters were Jerry Baker, Gary Lee, Larry Henry, and Bob Lamey. The pit reporters were Glenn Jarrett, Dave Despain...
Robert Pressley Leo Jackson Motorsports Chevrolet Skoal 37 Jeremy Mayfield Kranefuss-Haas Racing Ford Kmart, Little Caesars 41 Ricky Craven Larry Hedrick Motorsports...
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