Edmond de Rothschild Group is an independent family group of companies specializing in asset management and private banking. The group was founded in 1953, since 1997 its chairman is Baron Benjamin de Rothschild. As of June 30, 2013, assets under management amounted to 163 billion CHF (135.7 billion EUR), and 30 offices around the world employ 2,900 employees. In addition to asset management and private banking, the Group provides corporate financing, direct private investment, and provides services to institutional investors and funds