The Edmond de Rothschild Group was founded in 1953 by Baron Edmond de Rothschild and has been presided over since 1997 by Baron Benjamin de Rothschild. The Group is active in asset management, private banking, corporate finance, private equity and fund administration. As of 31 December 2014, the Group had CHF 163 billion of assets under management and 2,700 employees spread across 31 offices, branches and subsidiaries. Since February 2015, Baroness Ariane de Rothschild is Chair of the Executive Committee.