Monday, 1 September 2014
Last updated 2 days ago
Nov 22 2010 | 10:28am ET
Texas-based investment firm Salient Partners has acquired Integrity Capital Services and appointed Integrity founder Lee Partridge as Salient CIO.
Partridge currently serves as portfolio strategist for the San Diego County Employees Retirement Association’s (SDCERA) $7.7 billion portfolio, where he has assisted in the implementation of a new asset allocation framework and helped the fund increase its exposure to alternative investments. Prior to this, Partridge served as deputy CIO of Teachers Retirement System of Texas (TRS), a plan with assets of approximately $95 billion in 2010.
Salient’s acquisition of Integrity is a part of an overall strategy to incorporate a quantitative approach to asset allocation, focus on cost savings for the benefit of clients and use alternative investments and hedging strategies to enhance overall risk-adjusted returns.
Partridge said: “By combining my firm with Salient, we have created a platform that is unique in the industry. The platform combines a sophisticated approach to managing risk and assets for institutions and individuals alike, particularly in a rapidly changing investment environment.”
Salient Partners, an $8.3 billion investment firm, is based in Houston, Texas.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...