George Loening
George Loening
George Loening is the founder and CEO of Select Equity Group LP, which manages traditional long-only and long/short equity strategies that invest in companies across geographies and market capitalizations.
The Firm provides Private Equity and Venture Capital funds. Furthermore, its charitable arm, The Select Equity Group Foundation, has donated more than $50 million to causes supported by its employees.
Early Life and Education
Early childhood education is a foundational factor in a child’s development. It helps shape their social skills, self-esteem and outlook on the world.
When children are young, their primary caregivers provide informal instruction through informal play and verbal commands. They learn how to talk, walk and feed themselves independently as well as becoming acquainted with the alphabet, shapes and colors.
Early in a child’s life, their brain develops faster than any other stage. They lay the foundations for both social and cognitive growth, as well as creating an attachment with their parents that will last throughout life.
Achievements and Honors
George Loening is a brilliant businessman who founded one of the world’s largest aircraft trading firms. His accomplishments include founding Arrow Air, an innovative commercial aircraft service based in Los Angeles that was eventually sold for a profit.
Loening was known for his outspoken personality, yet he was truly a man of honor at heart. He generously supported many charitable causes and even founded the Select Equity Group Foundation in 2000 – testament to his selfless spirit.
The foundation makes grants across many fields, from arts and culture to health and human services. Recently, their focus has been on cancer research as well as supporting UC Berkeley School of Law’s death penalty clinic.
Personal Life
George Loening has a longstanding tradition of giving back to his community through his foundation, Select Equity Group Foundation. Grants have been made in the areas of health, arts and culture, as well as human services.
He is the founder of Select Equity Group, a New York-based asset management firm with $40 billion in assets under management. The Firm invests in public equities across US, European, and Asian markets.
The Select Equity Group Foundation, the charitable arm of the firm, has donated more than $50 million to causes championed by its employees. Grants have been given to local and international nonprofits working in advocacy and civil rights, health care services, as well as arts and culture projects.
Net Worth
George Loening has an estimated net worth of $43 million. He founded and serves as CEO of Select Equity Group, a Manhattan-based hedge fund that manages 17 billion dollars in regulatory assets. He has been with the firm since 1990 and is responsible for managing Select Equity Group Partners (the firm’s US long-only strategy) and SEG Blackwall (its global long-only strategy). Since 2000, his foundation, Select Equity Group Foundation, has granted grants to local, national, and international organizations in arts & culture, health & human services. Recently, the foundation’s grantmaking has been directed toward cancer research and various philanthropic projects related to advocacy and civil rights. Prior to that, it had given grants to organizations like New York Theatre Workshop and McCarter Theatre Center.