Satori Capital, a Texas-based investment firm founded on the principles of conscious capitalism, announced an investment and acceleration partnership with Faraday Capital, L.P. Satori, a multi-strategy firm with more than $1 billion in assets under management (“AUM”), completed the $10 million investment as part of its Satori XL Partnership Program, which forms strategic acceleration partnerships with talented emerging investment managers that typically have less than $100 million of AUM.
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“We believe their expertise and insight allow them to spot inefficiencies in the market that can be very profitable, and their strategy includes effective hedges that can protect downside in volatile markets, as well.”
Based in San Rafael, California and founded in 2018, Faraday actively trades high-quality municipal bonds expected to appreciate over short-term investment horizons. Its portfolio managers have a demonstrated ability to identify investment opportunities in the municipal bond market.
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“We appreciate the Faraday team’s granular understanding of the unique dynamics and intricacies found in the municipal marketplace,” said James Haddaway, chief investment officer for Satori’s alternative investments platform and the Satori XL Program. “We believe their expertise and insight allow them to spot inefficiencies in the market that can be very profitable, and their strategy includes effective hedges that can protect downside in volatile markets, as well.”
Faraday is led by co-managers Henry Brinck and Bijan Pajoohi. Mr. Brinck has more than 25 years of experience on the sales and trading side of credit markets at firms including Montgomery Securities, Thomas Weisel Partners, and First Republic Bank. Mr. Pajoohi has more than 15 years of experience specializing in fixed-income portfolios focused on absolute return, low volatility, and low beta investments at BlackRock, Convergent Wealth Advisors, CM Capital Advisors, and Fintan Partners. The firm recently appointed a chief operating officer, Roy Corr, who has held positions at Montgomery Securities, Guggenheim Partners, Citibank London, and First Republic Bank and was a founding partner at Thomas Weisel Partners.
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