SALT Las Vegas 2016 Review

There were thousands of registered delegates at SkyBridge Alternatives (SALT) Conference in Las Vegas and SkyBridge Capital founder Anthony Scaramucci estimates that $2.5 to $3 trillion of allocator capital could have been present at the 8th annual event hosted by the global investment firm. SALT panellists include politicians, celebrities, and sportspeople, and leisure activities at the event included spa treatments, cycling, swimming, jogging to the Hoover Dam, and live bands such as The Killers. Philanthropy is also an aspect of SALT: a number of speakers, including billionaires David Rubenstein of Carlyle and Leon Cooperman of Omega, have signed the ‘Giving Pledge’ committing them to bequeath the majority of their wealth to charity. The Children of Fallen Patriots Foundation, which supports the surviving spouses and families of soldiers who passed away on active duty, was one charity with a stand at SALT. But in this review we focus on a selection of views from hedge fund manager panels, as well as some service providers and some one-on-one meetings with managers at the event. Many of the panellists, speakers and moderators have been selected for The Hedge Fund Journal’s biennial surveys: ‘Tomorrows Titans’, and ‘50 Leading Women In Hedge Funds’, both of which are sponsored by EY. Many panellists have also been interviewed and profiled by THFJ.