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Fred Kayne is president of Fortune Financial Inc. a private small investment company located in Los Angeles, California. He is a significant owner and investor in several private companies that participate in a variety of industries that include apparel, light fixtures, retail shoes, wine-making and investments.

Career
Kayne graduated from Massachusetts Institute of Technology with a B.S. degree in Engineering in 1960 and a commission from MIT's ROTC program. While at MIT, he was on the varsity tennis team and Sigma Alpha Mu fraternity, and graduated with Tau Beta Pi honorary distinction.

He became a stockbroker in 1966 and joined The Bear Stearns Companies, Inc. in 1974. He was Managing Director of the Los Angeles office of Bear Stearns from 1978 to 1986 where he supervised the investment banking, securities brokerage and real estate activities of this investment bank.