Salient Partners


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, real estate investment trusts, master limited partnership investments, managed futures, risk parity funds, and liquid alternative investments.

History

The firm was founded in 2002 by Andrew Linbeck, Haag Sherman, Jeremy Radcliffe and John Blaisdell. In 2003, the Sanders Morris Harris Group secured a 50% stake in the firm, and Salient combined its assets with SMHG's Pinnacle Management & Trust Co. SMHG sold its ownership interests back to Salient in 2008. In 2015, Salient was the third largest Houston-area money management firm
ranked by local assets under management at $21.5 billion. That same year, the firm completed its acquisition of Forward Management LLC, reporting a resulting $27.6 billion in combined assets.
In 2012, the firm launched the Salient Risk Parity Index, purportedly the first of its kind for the industry.

Media

Dr. W. Ben Hunt, Salient Partners' Chief Investment Strategist is the primary author for Salient's blog and newsletter Epsilon Theory, a site that analyzes market trends through the lens of game theory.