(Translated by https://www.hiragana.jp/)
Salient Partners: Difference between revisions - Wikipedia Jump to content

Salient Partners: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
m Reverted unsourced additions - IP has tendency to add unsourced employee numbers
Line 16: Line 16:
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 Salient, 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 Salient, 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=
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 with 531 employees across the US.<ref>{{cite web |url=
ranked by local assets under management at $21.5 billion.<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, Salient 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, Salient completed its acquisition of Forward Management LLC, reporting a resulting $27.6 billion in combined assets.<ref>{{cite web |url=
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 21:30, 15 April 2019

Salient Partners
Company typePrivate
IndustryPrivate equity
Founded2002
HeadquartersHouston
Key people
John A. Blaisdell (CEO)
Jeremy L. Radcliffe (President)
W. Ben Hunt (Chief Investment Strategist)
ProductsVenture capital
Emerging markets
Risk parity
Total assets$14 billion[1]
Websitewww.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 Salient, 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, Salient 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, has appeared as a guest on numerous radio programs[12][13] and podcasts[14][15] and is the primary author for Salient's blog and newsletter Epsilon Theory,[16] a site that analyzes market trends through the lens of game theory.[17]

References

  1. ^ a b Bartenstein, Ben; Cota, Isabella (May 26, 2017). "Templeton to Salient Eyeing Brazil as Inflows Gush After Selloff". BloombergQuint. Retrieved December 4, 2017.
  2. ^ Blum, Jordan (June 20, 2015). "Shell and other Houston MLPs thrive for now". Houston Chronicle. Retrieved December 4, 2017.
  3. ^ Burger, Dani (July 7, 2017). "Cross-Asset Quants Are Facing Their Worst Losses in a Decade". Bloomberg. Retrieved December 4, 2017.
  4. ^ Wigglesworth, Robin (September 2, 2015). "Risk parity funds suffer a cruel summer". Financial Times. Retrieved December 4, 2017.
  5. ^ Bit, Kelly (February 11, 2015). "Salient Said to Buy Forward to Expand Alternative Funds". Bloomberg. Retrieved December 4, 2017.
  6. ^ Hillen, Michelle (May 24, 2009). "Throwing away the cookie cutter: Salient Partners". Houston Business Journal. Retrieved December 4, 2017.
  7. ^ "Sanders Morris Harris acquires stake in Salient Partners". Houston Business Journal. May 6, 2003. Retrieved December 4, 2017.
  8. ^ "Sanders Morris Sells Salient Partners' Stake". Financial Advisor. October 2, 2008. Retrieved December 4, 2017.
  9. ^ Henry, Madison (March 6, 2015). "Largest Houston-Area Money Management Firms". Houston Business Journal. Retrieved December 6, 2017.
  10. ^ Williamson, Christine (February 11, 2015). "Salient Partners to acquire Forward Management". Pensions & Investments. Retrieved December 4, 2017.
  11. ^ McCann, Bailey (August 21, 2012). "Salient Partners launches Salient Risk Parity Index". Opalesque. Retrieved December 4, 2017.
  12. ^ Ben Hunt on Behind the Markets. Wharton Business Radio. October 28, 2016. Retrieved December 4, 2017.
  13. ^ Fox, Pimm; Abramowicz, Lisa (June 19, 2017). Salient’s Hunt: Fed Won’t Have Your Back, Active Matters Again. Bloomberg Markets AM. Retrieved December 4, 2017.
  14. ^ "Murderer, Gambler, Aristocrat & Pauper. John Law, The Godfather of Central Banking (Financial History - Part 2)" (Podcast). Adventures in Finance. June 30, 2017. Retrieved December 4, 2017.
  15. ^ "Dr. Ben Hunt: The Federal Reserve is no longer your friend!" (Podcast). Macro Voices. July 13, 2017. Retrieved December 4, 2017.
  16. ^ Santoli, Michael (June 13, 2017). "Why investors trust companies more than governments". CNBC. Retrieved December 4, 2017.
  17. ^ Lopez, Linette (June 23, 2017). "The Wall Street dad bro is having an existential crisis". Business Insider. Retrieved December 4, 2017.