HOUSTON, Feb. 21, 2012 /PRNewswire/ -- Salient Partners L.P. (Salient), a $16 billion asset management firm, announced today that David O. Linton has joined as Managing Director, responsible for leading retail sales and distribution activities.
Mr. Linton brings 25 years of financial industry experience to Salient, having most recently served as Managing Director and Head of Sales for the Van Kampen Investments division of Morgan Stanley in Chicago. In that role, he was responsible for generating more than $15 billion of annual sales and led a team of 150 individuals, including 130 internal and external wholesalers. Mr. Linton's career also includes tenures at leading financial services firms including Sun America Capital Services, ING/Pilgrim Funds, Northstar Funds and Dean Witter Reynolds.
"David's outstanding track record of success and accomplishments makes him an excellent fit for Salient as we move ahead with the next phase of our growth," said Salient Chief Executive Officer John A. Blaisdell. "David will be instrumental in expanding our retail sales and distribution efforts and will play an integral role in helping us execute our vision. He shares our firm's passion for providing clients with clearly explained investment solutions that assist them in diversifying away from the core risk factors that typically dominate conventional portfolios and help to capture the full potential of financial markets."
"Salient is at the vanguard of providers focused on delivering these sophisticated strategies," Mr. Linton said. "Retail investors and intermediaries are increasingly seeking tools to diversify away from traditional market exposures and Salient is helping to meet that need with a truly unique product offering."
Salient has also named David J. Clifford as its new Chief Strategy Officer. In this role, Mr. Clifford will be focused on product platform development, marketing and technologies that will assist in helping Salient continue delivering exceptional client service. Prior to his appointment, David was the head of Salient's sales and distribution platform.
For more information about Salient, please contact Chris Moon of JCPR at 973-850-7304 or firstname.lastname@example.org.
About Salient Partners L.P.
Salient Partners L.P. is a $16 billion investment management firm based in Houston, Texas. The firm is a recognized innovator in the development, management and delivery of sophisticated, non-traditional investment solutions for both institutional and retail investors. Through its comprehensive investment approach, Salient identifies and develops leading strategies that help eliminate unrewarded risk, reduce investing costs and focus on the fundamental drivers of returns to deliver the full potential of all markets to investors. For more information about Salient and its professionals, visit www.salientpartners.com.
Contact: Chris Moon
SOURCE Salient Partners L.P.