Alexander von Furstenberg: A Prince Among Men
Royalty is a rare and fascinating thing; when it’s combined with genuine humility and generosity, it’s even more exceptional. One living example of this would be Alexander von Furstenberg, a real-life prince and descendant of the German von Furstenberg family.
The son of fashion designer Diane von Furstenberg and Prince Egon von Furstenberg, Alexander is the Chief Investment Officer of Ranger Global Advisors, a family investment company he founded in June of 2011. Currently managing over $1 billion in assets, Ranger Global Advisors focuses on opportunistic, value-based investing.
Prior to founding Ranger Global Advisors in June 2011, Alexander von Furstenberg was the Co-Managing Member and Co-Portfolio Manager of Arrow Capital Management, LLC, a private investment firm focused on global public equities. Since 2001, Mr. von Furstenberg has acted as Chief Investment Officer of Arrow Investments, Inc., a private investment office that serves the Diller-von Furstenberg family.
Prince von Furstenberg is also responsible for leading the restructuring of Diane von Furstenberg Studio, LP, a global luxury lifestyle brand, taking it from $1 million in annual revenue to more than $200 million. He remains a Partner and Director in the company. He also serves on the board of directors of IAC, a U.S.-based internet conglomerate, and on the board of W.P. Stewart & Co., Ltd., a Bermuda-based asset management firm.
A graduate of Brown University with a Bachelor of Arts degree, Alexander von Furstenberg began his career in 1993 as a trader on Allen & Company’s Risk Arbitrage Desk. He has certainly proved his worth as an investor since that time: over a 15-year period serving as CIO at Ranger Global Advisors, Alex von Furstenberg has annualized over 20% returns.
Just as significant, though, is Prince von Furstenberg’s is active involvement in a variety of philanthropic endeavors: he is the Director and Secretary of The Diller – von Furstenberg Family Foundation and serves on the board of Friends of the High Line, a private, non-profit partner of the New York City Department of Parks & Recreation. The High Line is an extraordinary public park on Manhattan’s West Side that opened in the summer of 2009. Alex von Furstenberg also serves on the National Council of ACRIA.
Currently residing in Los Angeles, California, with his family Alex von Furstenberg is known for living a laid-back California life when he’s not busy following the markets or occupied with philanthropic interests. Although he is indeed a prince, he never uses the formal title.
This is typical of Prince von Furstenberg, who is generous yet humble in demeanor. Just one example of this is when he quietly donated 38 acres of open space overlooking the ocean to the Mountains Recreation and Conservation Authority in Malibu, California.
Generating outsized returns, and donating much of it to worthy causes: in finance and in life, Alexander von Furstenberg has proven himself time and again as true royalty.