Tags: Businessperson.
Frederick S. Mates aka Frederic Mates founded in August 1967 the Mates Investment Fund a high-flying mutual fund during the ‘Go-Go’ 60s that later crashed in the bear market of the early 1970s[citation needed]. Mates ran his fund from an office he dubbed the kibbutz and with a young staff he called his flower children. Mates put most of his fund into a letter stock known as Omega Equities.