Saturday, 23 August 2014
Last updated 14 hours 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 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note