Investment firm Salient Partners announced on November 19, 2010 its acquisition of Integrity Capital Services, LLC.
On November 19, 2010, Houston-based investment firm Salient Partners announced it had acquired Integrity Capital Services, LLC. Salient has named Integrity’s founder, Lee Partridge, as Salient’s Chief Investment Officer. The acquisition of Integrity is part of Salient’s overall strategy, which focuses on a quantitative approach to asset allocation, cost savings, and the use of alternative investments and hedging strategies to enhance overall risk-adjusted returns. Salient currently manages $8.3 billion in assets.