Amerindo Investment Advisors

Amerindo Investment Advisors Inc.
IndustryInvestment services
Headquarters
399 Park Avenue, 22nd Floor

New York City, New York

One Embarcadero Center Suite 2300 San Francisco, California

43 Upper Grosvenor Street

London, England
Key people
Alberto Vilar
Gary Tanaka

Amerindo Investment Advisors Inc. was an Investment services firm, best known for making large profits during the Dot-com boom of the 1990s and 2000s.

The origins of the company date to the early 1980s, when Alberto Vilar and Gary A. Tanaka founded two companies named "Amerindo" in England and Panama.[1] The American branch, called "Amerindo Investment Advisors Inc." was founded in 1985.[1]

The East Coast office was located in the 399 Park Avenue in New York City, the West Coast office, and "principal place of business" was located at One Embarcadero Center in San Francisco, and the international office was in London.[2][3]

Vilar made an early and very successful investment in Yahoo!, which once totaled 40% of the fund's investment portfolio.[4] Vilar's financial strategy included investing in purchasing shares of companies shortly after their initial public offering.[4]

The company's "flagship" financial product, the "Amerindo Technology Fund," was known for investing in startup high tech and Dot-com companies.[5] Following many years of strong growth during the internet boom the fund came to a crash.[5]

Vilar gained a lot of press for declaring the internet to be "bigger than the Industrial Revolution."[5]

  1. ^ a b "Why Amerindo?". Amerindo Investment Advisors, Inc. Archived from the original on 2001-01-11.
  2. ^ "Contact Information". Amerindo Investment Advisors, Inc. Archived from the original on 2002-04-02.
  3. ^ "SEC CHARGES AMERINDO INVESTMENT ADVISORS AND ITS CO-FOUNDERS AND PRINCIPALS, ALBERTO W. VILAR AND GARY A. TANAKA, WITH FRAUD AND MISAPPROPRIATION OF CLIENT FUNDS". U.S. Securities and Exchange Commission. June 2, 2005.
  4. ^ a b Non, Sergio G. (July 26, 2000). "B2B still the place to be for Amerindo". CNET News.
  5. ^ a b c "Amerindo Investment Advisors Inc. Company Profile". Yahoo! Finance. Archived from the original on 2011-06-22. Retrieved 2010-07-25.