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Braeburn Capital

Braeburn Capital Inc. is an asset management company based in Reno, Nevada and a subsidiary of Apple Inc. Its offices are located at 6900 S. McCarran Boulevard in Reno.[2]

Company type

Subsidiary

Asset management
Investment management

October 3, 2005 (2005-10-03) in Reno, Nevada, United States[1]

Reno, Nevada
,
United States

US$268.9 billion (2017)

Apple Inc.

braeburncapital.com (Redirects to Apple)

History[edit]

Apple created the company on October 3, 2005[1] to better manage its assets and to avoid certain California state taxes and taxes from other U.S. states totaling in millions of dollars.[3]

Name[edit]

The name Braeburn refers to a particular cultivar of apple. This is a play on the name of the parent company Apple Inc.[4]

Personnel[edit]

Mick Mulvaney's brother Theodore "Ted" Mulvaney is portfolio manager for Braeburn Capital.[5]