Salient Partners: Difference between revisions
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==History== |
==History== |
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The firm was founded in 2002 by Andrew Linbeck, Haag Sherman, Jeremy Radcliffe and John Blaisdell.<ref>{{cite web |url=https://www.bizjournals.com/houston/stories/2009/05/25/smallb1.html|title=Throwing away the cookie cutter: Salient Partners|last=Hillen|first=Michelle|date=May 24, 2009|publisher=[[American City Business Journals|Houston Business Journal]] |access-date=December 4, 2017}}</ref> In 2003, the Sanders Morris Harris Group (SMHG) secured a 50% stake in the firm, and Salient combined its assets with SMHG's Pinnacle Management & Trust Co.<ref>{{cite web |url=https://www.bizjournals.com/houston/stories/2003/05/05/daily13.html|title=Sanders Morris Harris acquires stake in Salient Partners|date=May 6, 2003|publisher=[[American City Business Journals|Houston Business Journal]] |access-date=December 4, 2017}}</ref> SMHG sold its ownership interests back to Salient in 2008.<ref>{{cite web |url= |
The firm was founded in 2002 by Andrew Linbeck, Haag Sherman, Jeremy Radcliffe and John Blaisdell.<ref>{{cite web |url=https://www.bizjournals.com/houston/stories/2009/05/25/smallb1.html|title=Throwing away the cookie cutter: Salient Partners|last=Hillen|first=Michelle|date=May 24, 2009|publisher=[[American City Business Journals|Houston Business Journal]] |access-date=December 4, 2017}}</ref> In 2003, the Sanders Morris Harris Group (SMHG) secured a 50% stake in the firm, and Salient combined its assets with SMHG's Pinnacle Management & Trust Co.<ref>{{cite web |url=https://www.bizjournals.com/houston/stories/2003/05/05/daily13.html|title=Sanders Morris Harris acquires stake in Salient Partners|date=May 6, 2003|publisher=[[American City Business Journals|Houston Business Journal]] |access-date=December 4, 2017}}</ref> SMHG sold its ownership interests back to Salient in 2008.<ref>{{cite web |url= |
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https://www.fa-mag.com/news/sanders-morris-sells-salient-partners-stake-3469.html|title=Sanders Morris Sells Salient Partners' Stake|date=October 2, 2008|publisher=Financial Advisor |access-date=December 4, 2017}}</ref> In 2015, Salient was the third largest Houston-area money management firm |
https://www.fa-mag.com/news/sanders-morris-sells-salient-partners-stake-3469.html|title=Sanders Morris Sells Salient Partners' Stake|date=October 2, 2008|publisher=Financial Advisor |access-date=December 4, 2017}}</ref> In 2015, Salient was the third largest Houston-area money management firm ranked by local assets under management at $21.5 billion.<ref>{{cite web |url= |
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ranked by local assets under management at $21.5 billion.<ref>{{cite web |url= |
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https://www.bizjournals.com/houston/subscriber-only/2015/03/06/money-management-firms.html|title=Largest Houston-Area Money Management Firms|last=Henry|first=Madison|date=March 6, 2015|publisher=[[American City Business Journals|Houston Business Journal]] |access-date=December 6, 2017}}</ref> That same year, the firm completed its acquisition of Forward Management LLC, reporting a resulting $27.6 billion in combined assets.<ref>{{cite web |url= |
https://www.bizjournals.com/houston/subscriber-only/2015/03/06/money-management-firms.html|title=Largest Houston-Area Money Management Firms|last=Henry|first=Madison|date=March 6, 2015|publisher=[[American City Business Journals|Houston Business Journal]] |access-date=December 6, 2017}}</ref> That same year, the firm completed its acquisition of Forward Management LLC, reporting a resulting $27.6 billion in combined assets.<ref>{{cite web |url= |
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http://www.pionline.com/article/20150211/ONLINE/150219956/salient-partners-to-acquire-forward-management|title=Salient Partners to acquire Forward Management|last=Williamson|first=Christine|date=February 11, 2015|publisher=[[Crain Communications|Pensions & Investments]] |access-date=December 4, 2017}}</ref> |
http://www.pionline.com/article/20150211/ONLINE/150219956/salient-partners-to-acquire-forward-management|title=Salient Partners to acquire Forward Management|last=Williamson|first=Christine|date=February 11, 2015|publisher=[[Crain Communications|Pensions & Investments]] |access-date=December 4, 2017}}</ref> |
Revision as of 13:13, 20 March 2020
Company type | Private |
---|---|
Industry | Private equity |
Founded | 2002 |
Headquarters | Houston, United States |
Key people | John A. Blaisdell (CEO) Jeremy L. Radcliffe (President) W. Ben Hunt (Chief Investment Strategist) |
Products | Venture capital Emerging markets Risk parity |
Total assets | $14 billion[1] |
Website | www.salientpartners.com |
Salient Partners is a private equity firm based in Houston, Texas, with offices in New York City, San Francisco and Newport Beach. The firm's strategies include emerging markets,[1] real estate investment trusts (REITs), master limited partnership (MLPs) investments,[2] managed futures,[3] risk parity funds,[4] and liquid alternative investments.[5]
History
The firm was founded in 2002 by Andrew Linbeck, Haag Sherman, Jeremy Radcliffe and John Blaisdell.[6] In 2003, the Sanders Morris Harris Group (SMHG) secured a 50% stake in the firm, and Salient combined its assets with SMHG's Pinnacle Management & Trust Co.[7] SMHG sold its ownership interests back to Salient in 2008.[8] In 2015, Salient was the third largest Houston-area money management firm ranked by local assets under management at $21.5 billion.[9] That same year, the firm completed its acquisition of Forward Management LLC, reporting a resulting $27.6 billion in combined assets.[10]
In 2012, the firm launched the Salient Risk Parity Index, purportedly the first of its kind for the industry.[11]
Media
Dr. W. Ben Hunt, Salient Partners' Chief Investment Strategist is the primary author for Salient's blog and newsletter Epsilon Theory,[12] a site that analyzes market trends through the lens of game theory.[13]
References
- ^ a b Bartenstein, Ben; Cota, Isabella (May 26, 2017). "Templeton to Salient Eyeing Brazil as Inflows Gush After Selloff". BloombergQuint. Retrieved December 4, 2017.
- ^ Blum, Jordan (June 20, 2015). "Shell and other Houston MLPs thrive for now". Houston Chronicle. Retrieved December 4, 2017.
- ^ Burger, Dani (July 7, 2017). "Cross-Asset Quants Are Facing Their Worst Losses in a Decade". Bloomberg. Retrieved December 4, 2017.
- ^ Wigglesworth, Robin (September 2, 2015). "Risk parity funds suffer a cruel summer". Financial Times. Retrieved December 4, 2017.
- ^ Bit, Kelly (February 11, 2015). "Salient Said to Buy Forward to Expand Alternative Funds". Bloomberg. Retrieved December 4, 2017.
- ^ Hillen, Michelle (May 24, 2009). "Throwing away the cookie cutter: Salient Partners". Houston Business Journal. Retrieved December 4, 2017.
- ^ "Sanders Morris Harris acquires stake in Salient Partners". Houston Business Journal. May 6, 2003. Retrieved December 4, 2017.
- ^ "Sanders Morris Sells Salient Partners' Stake". Financial Advisor. October 2, 2008. Retrieved December 4, 2017.
- ^ Henry, Madison (March 6, 2015). "Largest Houston-Area Money Management Firms". Houston Business Journal. Retrieved December 6, 2017.
- ^ Williamson, Christine (February 11, 2015). "Salient Partners to acquire Forward Management". Pensions & Investments. Retrieved December 4, 2017.
- ^ McCann, Bailey (August 21, 2012). "Salient Partners launches Salient Risk Parity Index". Opalesque. Retrieved December 4, 2017.
- ^ Santoli, Michael (June 13, 2017). "Why investors trust companies more than governments". CNBC. Retrieved December 4, 2017.
- ^ Lopez, Linette (June 23, 2017). "The Wall Street dad bro is having an existential crisis". Business Insider. Retrieved December 4, 2017.
External links
- Salient Partners (company website)