Adrian C. 'Ace' Israel

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Adrian C. Israel
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Adrian C. "Ace" Israel was the former president of Bache & Company in the 1960s. He also was founder and chief executive officer of ACLI International. Israel died in 1991.[1]

Background

Israel was inducted into the Futures Industry Association Hall of Fame in 2007.

He was active in the the 1960s and 1970s in the commodities business and helped develop financial futures in their early days.

His family has roots in commodities tracing back 100 years when the Israel family established a merchant trading firm in Louisiana and imported coffee from South America. Under his leadership, the firm grew into one of the world's largest privately owned merchant organizations.

John Damgard, former President of the Futures Industry Association, once worked for Israel and ACLI.

The firm was was a pioneer in financial futures when they were introduced by the CBOT and CME.

In 1981, ACLI merged with the investment banking firm Donaldson, Lufkin & Jenrette, at which point the Israel family became the largest shareholder of DLJ.[2]

Education

References

  1. New York Times Obituary. New York Times.
  2. Adrian C. "Ace" Israel. Futures Industry Association.