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Richard Driehaus
Richard Herman Driehaus () (born 1942 in Chicago, Illinois, United States) is an American fund manager, businessman and philanthropist. He is the founder, chief investment officer, and chairman of Driehaus Capital Management LLC, based in Chicago. In the year 2000, he was named ''Barron's'' "All-Century" team of the 25 individuals who have been the most influential within the mutual fund industry over the past 100 years.〔Krishnamsetty, Meena. ("Richard Driehaus’ Long-Term Stock Picks." ) ''Insider Monkey.'' 19 October 2011. Retrieved 21 September 2015.〕 His firm had $10.9 billion in assets under management as of the end of March 2015.〔Marek, Lynne. ("Richard Driehaus launches private-equity fund." ) ''Crain's Chicago Business.'' 13 May 2015. Retrieved 21 September 2015.〕 He is often credited as the father of momentum investing, although he was not the first to implement the strategy.〔Beattie, Andrew. ("Riding The Momentum Investing Wave." ) ''Forbes.'' 25 July 2007. Retrieved 22 September 2015.〕 Drihaus explains "the momentum investor has confidence that a stock that is high can head even higher. We rarely invest in stock because it's cheap and hope for a turnaround."〔Murphy, H. Lee. ("Driehaus: If it's rising, jump aboard." ) ''Crain's Chicago Business.'' 20 November 2004. Retrieved 22 September 2015.〕 This strategy reportedly delivered compound annual returns of 30% for Driehaus Capital Management in the 12 years after it was set up in the 1980s.〔Hobson, Ben. ("How Richard Driehaus made a fortune by finding tomorrow's growth stars." ) Stockopedia.com via Interactive Investor. 4 February 2015. Retrieved 21 September 2015.〕
==Education==
Driehaus attended high school at St. Ignatius College Prep and received his undergraduate (1965) and master's (1970) degrees in business from DePaul University. He also received an honorary doctorate degree from DePaul in 2002.〔(【引用サイトリンク】 title=From Driehaus to Our House )〕〔(【引用サイトリンク】 title=No. 38: Richard Driehaus )〕〔Dietlin, Lisa M. "Richard Driehaus." ''Transformational Philanthropy: Entrepreneurs and Nonprofits.'' Jones & Bartlett, 2010. pp. 174-182. ISBN 0-7637-6678X. (Select pages archived through Google Books. )〕
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