Rigel Capital was founded in 1998 as a Registered Investment Advisor by CEO and CIO, George Kauffman. Founded as a growth equity specialist, the firm institutes a focused, time-tested investment philosophy and process that marries both fundamental and technical analysis. This process was developed by Mr. Kauffman over his more than three decades in the investment business.

Our initial focus was high net worth individuals and the charitable organizations that they often supported. However, in 2002 a strategic shift turned our marketing efforts toward the institutional marketplace. This effort was solidified in October, 2003 when Rigel was selected to participate in the California Public Employees Systems Manager Development Program. CalPERS invested $150 million in Rigel products, giving us instant national credibility. In addition, Strategic Investment Group (CalPERS consultant) and CalPERS became minority owners of the firm, making working capital available to fund Rigel’s growth.

Now $2.3 billion and 18 employees strong, Rigel continues to build a team of experienced and senior professionals including: John Corby, EVP of Investments; Todd Jessup, Director of Marketing and Client Service; and Lynn Rowley, Director of Operations and Administration. As needed, we will add to our team’s depth with growth from within, as well as by bringing on new talent.

In early 2006, Rigel Capital negotiated a deal to buy back a portion of our ownership interest held by Strategic and CalPERS. Today the ownership structure is 75% Rigel employees and 25% Strategic/CalPERS.