Thursday, 28 August 2014
Last updated 3 hours ago
Dec 2 2010 | 3:24pm ET
Houston-based Salient Partners, a $16 billion asset and wealth management firm, will acquire RDG Capital, a boutique wealth advisory firm also headquartered in Houston.
RDG Capital manages approximately $1 billion, including a master limited partnerships (MLPs) complex and a wealth management practice. The combined organization will manage just over $17 billion and have approximately 100 investment professionals and staff dedicated to serving both private and institutional clients.
RDG’s principals Greg Reid and Cole Dawson will join the senior management team at Salient. Reid will become president and CEO of Salient’s MLP business, which includes long/short MLP funds, long-only MLP portfolios and MLP private equity investments. Dawson will become president and CEO of Salient’s wealth management business.
Commenting on the move, Reid said, “Cole and I are thrilled to join Salient as equity owners and part of the senior management team. Salient is one of the most innovative firms in the investment business. Our clients will immediately benefit from this expertise.”
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 ...