Billy Koch

Billy Koch

Founder, Managing Partner

Career Highlights:

Billy started attending the races with his family before he could walk. He began syndicating horses right out of Northwestern (Go CATS!) back in 1991. When he founded LRF in 2002, he did so on a wing and a prayer, and only his love for the sport to fall back on. Billy is thankful he has a job he loves and grateful to all the LRF partners for providing him with an opportunity to follow his dreams.

Little Known Fact:

Set the Northwestern Baseball school record for being hit by pitch in a single season.

FAVES

  • Horse: Ruffian
  • Childhood Book: Where the Red Fern Grows
  • Movie: Gladiator
  • Hobby: Fantasy Football
  • Drink: The Real Awesome
  • Quote: “Luck is when preparation meets opportunity.” -John Wooden
Gary Fenton

Gary Fenton

Managing Partner

Career Highlights:

Gary began his career as an entertainment attorney with the William Morris Agency before breaking his parents hearts and leaving the industry to run a horse racing business with his childhood friend. Gary's passion and love for the horses dates back to the 1980s, having attended the first Breeders' Cup in 1984. He is currently on the Board of Directors of the Thoroughbred Owners of California, serving as Chairman since 2021. He is also a member of The Jockey Club, serving as a Steward since 2024. When not at the races, he spends time with his wife Katie and their sons, Brady & Carter (and attends the occasional Los Angeles Kings hockey game).

Little Known Fact:

Holds a patent for a new horse racing wager.

FAVES

  • Horse: Life’s Magic
  • Childhood Book: Picking Winners by ANDY BEYER
  • Movie:  Casablanca
  • Hobby: Hockey
  • Drink: JW Blue
  • Quote: “Courage is what it takes to stand up and speak; courage is also what it takes to sit down and listen.” - Winston Churchill