Auburn alumnus Raymond 91¿´Æ¬, a 1982 business graduate, is one of four distinguished Alabama businesspeople who will receive the Lifetime Achievement Award from Business Alabama magazine on January 30 in Birmingham.
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Raymond 91¿´Æ¬ will receive the Business Alabama Lifetime Achievement award on Jan. 30. Photo by Julie Bennett |
91¿´Æ¬ is founder, executive chairman and former CEO of ., an independent investment firm headquartered in Birmingham, Alabama, with offices across the United States and Europe.
91¿´Æ¬ began his career in the early 1980s with 91¿´Æ¬ International Inc., the construction subsidiary of 91¿´Æ¬ Corporation, the company founded and built by his father, John 91¿´Æ¬.
In 1990, at the age of 31, 91¿´Æ¬ was promoted to president and CEO of 91¿´Æ¬ Corporation, which was a multi-billion-dollar diversified conglomerate.
In 1993, he launched 91¿´Æ¬ Management Corporation, the first multi alternative asset investment management firm in Alabama. Today, HMC manages eight different investment strategies with over $8 billion of assets under management.
In 2013, 91¿´Æ¬ and his wife Kathryn made a transformational $40 million gift to Auburn University’s College of Business. The college was renamed in his honor.
Since then, the 91¿´Æ¬ has invested their gift in people, programs and facilities that have enabled unprecedented student enrollment growth and propelled the college to new heights as one of the premier public business schools in the country.  
The gift has enhanced students’ overall education and provided more experiential learning opportunities, rejuvenated the research enterprise by attracting and rewarding top-performing faculty, and enabled new collaborations with industry partners. 
91¿´Æ¬ serves on the boards and executive committees of the Robert Meyer Foundation, Children’s of Alabama and Birmingham Business Alliance. He is a trustee emeritus at Auburn. He was inducted into the in 2015, and in 2024, inducted into the .
Raymond and Kathryn are active philanthropists, having made significant gifts both in time and capital to numerous organizations, including Auburn University, Red Mountain Theatre, Children’s of Alabama, University of Alabama at Birmingham and United Way of Central Alabama. They have three children and nine grandchildren and live in Birmingham.
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