The General American Investors Company, Inc. is a closed-end fund that manages a global portfolio of investments, consisting mainly of United States securities, and also some international and private securities.

[1] The General American Investors investment trust was launched in 1927 under the sponsorship of Lazard Frères and Lehman Brothers.

[2] In its first year of operation, it earned $1.1 million.

[2] In September 1928, Lazard Frères and Lehman Brothers launched a second fund, named the Second General American Investors Company.

[2] In August 1928, the two funds merged, to form the current General American Investors Company, with Lazard Frères and Lehman Brothers underwriting the $40 million deal.