'SumZero Allocator' Series Spotlights Satori Alpha and XL
SumZero, an online collaborative platform for investment professionals, recently published an interview with James Haddaway, chief investment officer and managing partner for Satori Alpha and Satori XL. The interview, part of SumZero’s “Allocator” series of discussions with leaders in the institutional investment space, focused on Satori’s partnerships with emerging investment managers.
Nicholas Kapur, SumZero: James, first and foremost, I want to thank you for joining me today for this emerging manager chat, which I believe will land squarely in the strike zone for many members of the SumZero community given the fact that Satori Capital, through its Satori Alpha and Satori XL offerings, is a backer of very early-stage investors. How did you come to get involved in this niche?
James Haddaway, Satori Capital: Well, first off, they’re not typically early-stage — they’re small. We actually like our emerging managers to have an established track record, but we’re fine with lower assets under management (AUM).
Before I joined Satori, I was at a hedge fund that was similar to the kind of fund we seek to partner with now. The fund was at about $25 million in AUM, and it had an outstanding five-year track record. One of my primary responsibilities when I came in was to help the business grow, and we experienced a lot of success in doing that. During my five years there, we grew to almost $2 billion in AUM. I learned what to do and what not to do to achieve that kind of growth, and I saw firsthand how to scale an asset management firm.
So I wondered — can my colleagues and I do this in an advisory capacity for a select group of emerging funds — specifically, those with good track records led by quality people that just need help on the business side?
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Satori Capital Ranked #2 in 'Pensions & Investments' Best Places to Work
For the fourth year in a row, Satori Capital was honored with a “Best Places to Work in Money Management” award from Pensions & Investments magazine. This year, Satori was ranked number two in the “Managers with 20 to 49 employees” category.
The P&I list, now in its sixth year, is dedicated to identifying and recognizing the best employers in the money management industry. P&I partnered with Best Companies Group, an independent research firm, to conduct a two-part survey process of employers and their employees, evaluating factors such as each company’s workplace policies, practices, philosophy, systems, and demographics.
“Building a winning culture isn’t simple,” said P&I editor Amy B. Resnick. “The companies identified in this report take great care when it comes to listening to their employees and tailoring workplace policies to support employee growth, retention, and readiness for future job promotions.”
Satori was recognized for its recruiting and team-building initiatives, as well as its leadership development and “Optimal Living” initiatives, its dog-friendly offices, and its “Satori Sweats” workouts and personal training. The profile on Satori in P&I’s December 10, 2018, issue includes this quote from the anonymous employee survey:
“This organization is genuinely committed to the betterment of its internal practices, its external contributions to society, and the well-being of each employee. The leadership team is very involved in all aspects of the company and takes a sincere interest in each employee’s condition.”
“Our team members are such strong performers that they could work anywhere,” said Satori co-founder Randy Eisenman. “We strive to create a culture that they will find rewarding and supportive because they are critical to our success. Investing, portfolio management, recruiting, optimal living, performance management — it all starts and ends with the people on our team.”
The P&I award is one of several Satori has received for workplace excellence. In addition to winning the P&I award in the threepreviousyears, the firm has been named to the “Best Companies to Work for in Fort Worth” list by FW Inc. magazine in 2016, 2017, and 2018, and it was included on the Dallas Business Journal’s “Best Places to Work in North Texas” list for 2017.
To read more about the “Best Places to Work in Money Management,” including the other honorees, click here.
Disclaimer: The Best Places to Work in Money Management honor is awarded by Pensions & Investments magazine to businesses in the financial services industry, including Satori Capital. Winners were assessed through an anonymous employee survey that measured key areas of an organization’s culture ranging from compensation and benefits to trust in senior leadership. Similar independent employee surveys were conducted for the FW Inc. magazine and Dallas Business Journal awards. Satori Capital did not pay to participate in any ranking, and employee participation in all surveys was completely voluntary.
Satori Capital Wins Top Spot for the Second Time in Fort Worth 'Best Companies to Work For' Awards
For the second time, Satori Capital claimed the top spot in FW Inc. magazine’s list of “Best Companies to Work for in Fort Worth” in the small/medium employer category. Satori previously ranked #1 on the list in 2016 and was also included in the list’s top five in 2017, placing third.
The FW Inc. “Best Companies” list recognizes employers in the Fort Worth area who provide excellent benefits and create positive environments for their team members. Honorees are selected based on independent employee engagement and satisfaction surveys as well as employer responses to detailed questionnaires, all managed by The Best Companies Group, a workplace excellence research firm.
“We are delighted to once again be honored as the best place to work in Fort Worth,” said Satori co-founder and managing partner Randy Eisenman. Describing the motivation behind the firm’s benefits and culture, he said, “The caliber of the person who works here is such that they can work anywhere. We want to make them feel as special as they are.”
Hope Kahan, Satori’s director of operations, was featured in Satori’s profile in the magazine, as well as on the issue’s cover, where she posed with a kayak like the one she purchased with the help of one of Satori’s healthy living initiatives.
Speaking about her experience helping to build the culture at Satori, Hope said, “It is a joy for me to participate in nurturing our conscious culture through the talent programs we call ‘The Satori Way.’ While we have many wonderful and unique perks, I believe the transparency of our communications and the insight we provide team members into our shared vision are primary reasons we are able to attract and retain top talent.”
The FW Inc. award is one of several Satori has received for workplace excellence. In addition to winning the Fort Worth award in the two previous years, the firm was named a “Best Place to Work in Money Management” by Pensions & Investments magazine in 2015, 2016, and 2017 and was included on the Dallas Business Journal’s “Best Places to Work in North Texas” list for 2017. Satori Advisor Faith Geiger supports and coordinates the “best workplace” awards processes for Satori, and we thank her for her efforts on this most important initiative.
To read more about the “Best Companies to Work for in Fort Worth,” including the other honorees, click here.
Disclaimer: The Best Companies to Work for in Fort Worth honor is awarded by FW Inc. magazine to businesses in the city of Fort Worth, Texas, including Satori Capital. Winners were assessed through an anonymous employee survey that measured key areas of an organization’s culture ranging from compensation and benefits to trust in senior leadership. Similar independent employee surveys were conducted for the Pensions & Investments magazine and Dallas Business Journal awards. Satori Capital did not pay to participate in any ranking, and employee participation in all surveys was completely voluntary.
Sunny Vanderbeck Interviewed for Inaugural 'Purpose & Profit' Podcast Episode
Satori Capital co-founder Sunny Vanderbeck was featured on the inaugural episode of the “Purpose & Profit” podcast, a new series that explores how the two elements can align in the world of business. The new podcast was launched in advance of the Mission Aligned Growth Summit in San Francisco on November 14, 2018, at which Sunny is also a featured speaker.
Gary Moon, managing partner of boutique investment bank Nfluence Partners, interviewed Sunny for the podcast, exploring topics such as the purpose behind Satori’s creation, how long-term horizons support value creation in a business, and the critical questions business leaders should consider when exploring a sale or other major transaction for the companies they’ve built.
Sunny also discussed his upcoming book, Selling Without Selling Out: How to Sell Your Business Without Selling Your Soul. To illustrate some key messages from the book, Sunny shared an impactful question he posed to a recent audience of CEOs: “If you knew for certain your acquirer would fire 100 percent of your employees the day after you sold your company, how much more would they have to pay?” The response to this kind of eye-opening question can help business leaders articulate their values and principles around non-financial aspects of a transaction.
Satori Capital CEO Scholarship, Capital Markets Award, and More
Satori Capital has long been a proud supporter of Conscious Capitalism, Inc., an organization that believes in the power of business as a force for good, and our close association continues today. One of our co-founders, Randy Eisenman, was a founding board member of the organization, and our other co-founder, Sunny Vanderbeck, serves on the current board and was named one of the group’s “Heroes of Conscious Capitalism” last year. Below, we share a few updates on recent developments in our partnership with Conscious Capitalism, Inc.
2018 Satori Capital Conscious Capitalism CEO Scholarship
Last year, we created and launched the Satori Capital Conscious Capitalism CEO Scholarship. The scholarship gives a CEO of an up-and-coming business the opportunity to attend the Conscious Capitalism CEO Summit. Access to the CEO Summit allows visionary CEOs to hear world-class speakers, attend valuable workshops, and connect with like-minded leaders focused on fulfilling the deeper purpose of their organizations and creating value for all of their stakeholders.
We are pleased to announce that our 2018 scholarship recipient is Greg Fasullo, CEO of ENTOUCH. ENTOUCH is a data platform and service provider for operators of multi-site facilities, helping them collect, store, and analyze real-time data to optimize outcomes across their portfolios. We were inspired by ENTOUCH’s conscious culture and its focus on creating benefits for its customers, employees, and society at large. Greg reports that through ENTOUCH’s systems, its clients are saving nearly 10 million kilowatt-hours of energy every month. As Greg says, “That’s equivalent to planting a forest larger than the city of Dallas every single year.” We are delighted to sponsor Greg’s attendance at this year’s CEO Summit, and we encourage you to visit entouchcontrols.com for more information about Greg and ENTOUCH.
Some of our other scholarship nominees were so impressive that we wanted to acknowledge their excellent entries: Jeannie Jarnot of Beauty Heroes, Susan Gruppi and Jessica Miller of M2G Ventures, and Katica Roy of Pipeline Equity. The diversity of our nominees’ industries certainly shows the universal applicability of the conscious capitalism approach.
We are so appreciative of all those who participated in the nomination process, and we are grateful to be connected with so many worthy applicants. Likewise, many of our applicants have shared that they gained lasting insight from participating in the process. If you would like to participate in next year’s scholarship process, please contact Faith Geiger at email@example.com for more information.
2018 Satori Conscious Capital Markets Award
Earlier this year, we sponsored Conscious Capitalism, Inc.’s “Satori Conscious Capital Markets Award,” which recognizes participants in capital market transactions who uphold the ideals and principles of conscious capitalism.
We were honored to present this year’s award to Steve Hall, founder of driversselect, an innovative pre-owned car sales company. Steve sold driversselect to a public company in 2017, and in doing so, he displayed conviction, character, and strength in ensuring the conscious culture he created would endure beyond the sale.
During the transaction, Steve’s concerns focused heavily on understanding the buyer, assessing its culture and its leadership team, and considering its values. Through his earnest attention to these concerns – in the face of indifference or even bafflement from other participants in the process – Steve truly demonstrated conscious leadership and helped to ensure an outcome that would promote the values and principles of conscious capitalism in his company and in the acquiring company in the future.
For more about Steve and the sale of driversselect, we recommend this article from the Conscious Capitalism blog, which includes this insightful quote from Sunny Vanderbeck:
“Every conscious CEO has certain core values that are most expressed in their lives and organizations. They don’t disappear after a merger/acquisition, and they will never be more important than when being used to guide a decision of this magnitude in a very short amount of time.”
Satori Capital Featured in 'Sum and Substance' Video Series
Sum and Substance, a series of videos and events focused on creating purpose at work, featured Satori Capital in a new video titled, “Is This the Future of Investing?” The video features Satori’s co-founder, Sunny Vanderbeck, telling the story of Satori’s founding and its purpose: To create, fund, and inspire businesses that elevate humanity.
“When you go talk to the professional investors, their first question and their biggest objection is, ‘But when will we sell the company?’” Sunny states in the video. “And our point is, that’s actually the wrong question to ask. The right question is: ‘How do we create the most value for the most people?’ Turns out, if you do that, the economic pieces work out.”
Thrive Consulting, which created the Satori video and others in the series, also featured Sunny in an article about important questions to ask a potential buyer of your business to ensure a conscious outcome. The six questions, and Sunny’s advice about what to consider in the answers, can be read here.
Disclaimers: The Best Places to Work in Fort Worth Award 2017 displayed within this video was awarded by FW Inc. magazine to 17 businesses in the city of Fort Worth, Texas, including Satori Capital. Winners were assessed through an anonymous employee survey that measured key areas of an organization’s culture ranging from compensation and benefits to trust in senior leadership. Satori Capital did not pay to participate in this ranking, and employee participation was completely voluntary. For more information on the ranking, including other businesses recognized, please visit www.fwtx.com/bestcompanies.
The Blue Zones Project Approved Worksite certification displayed within this video reflects Satori’s participation in the Blue Zones Project, in which leaders and employees pledge to promote actions and lifestyle principles to create healthier work environments for employees. Satori Capital participated in the program voluntarily, and the participation certification does not constitute an award or honor. For more information about the certification, including other businesses participating, please visit fortworth.bluezonesproject.com.
The Satori Capital Annual Guiding Principles Awards displayed within this video are honors conducted internally at Satori Capital in which employees recognize peers for demonstrating the core values of Satori’s culture. No outside entity participates in awarding these honors to Satori.
Nothing in this video or the linked article constitutes investment advice nor does it constitute a solicitation or offer by Satori Capital or its affiliates to buy or sell any securities, financial instruments, or other services. Satori Capital does not invest in, nor endorse, the other companies profiled by Sum and Substance. Furthermore, no information or materials referenced in the video should be construed or relied upon as investment, legal, accounting, tax, or other professional advice or in connection with any offer or sale of securities. Satori Capital will not treat viewers of this video as its partners, clients, customers or investors by virtue of their viewing this video. By playing the video, the viewer is confirming to reading and understanding these disclaimers.
Sunny Vanderbeck Joins Board of Conscious Capitalism, Inc.
Satori Capital co-founder Sunny Vanderbeck has been named to the board of directors for Conscious Capitalism, Inc. As one of 18 board members, Sunny will serve a two-year term helping to set the strategic direction for the organization.
“It’s truly an honor to be selected to serve an organization I believe in so fully, alongside like-minded CEOs and business leaders,” Sunny said. “I look forward to sharing my own experience with creating and funding conscious companies with this extraordinary group.”
Conscious Capitalism, Inc. was formally organized in 2010 with the goal of supporting and nurturing conscious businesses and promoting the Conscious Capitalist Credo, which begins: “We believe that business is good because it creates value, it is ethical because it is based on voluntary exchange, it is noble because it can elevate our existence, and it is heroic because it lifts people out of poverty and creates prosperity.” The organization produces transformational events, workshops, publications, and academic research and supports a growing network of Conscious Capitalism chapters around the world which bring together business leaders, entrepreneurs, coaches, consultants, and others interested in advancing the Conscious Capitalism movement.
A discussion by Geoff Campbell and Aleksandra Corwin of Round Table Companies about why the stock market does not represent the true power of business includes insights from Satori Capital co-founder Sunny Vanderbeck.
Don’t Confuse Capitalism with Capital Markets
To many, the stock market is synonymous with the economy and, as a result, with capitalism.
But is it?
Increasingly, those within the Conscious Capitalism orbit say no.
“Stocks go up, and stocks go down — but none of that describes business. It describes the ways a business is financed,” said Sunny Vanderbeck, managing partner of Satori Capital, a conscious finance firm. “Public stock markets often result in a non-value creating Kabuki dance, which has nothing to do with capitalism.”
Capital markets are all the sources of equity and debt in the aggregate — they are the way businesses obtain long-term financing. But they don’t say anything about what makes a business successful or how it creates value.
Satori Capital Receives Third P&I 'Best Places to Work' Award
For the third consecutive year, Satori Capital was named to Pensions & Investments’ “Best Places to Work in Money Management” honor roll. The award evaluates each nominated company’s workplace policies, practices, philosophy, systems, and demographics, and conducts an employee survey to measure the team’s experience.
“All of the firms being recognized this year are leaders when it comes to creating a great place to work,” said Amy Resnick, editor of Pensions & Investments. “It was great to see reflected in the survey comments how significant it is for employees to feel valued by their employer. It shows what really makes a company a best place to work.”
A profile about Satori in the December 11 issue of Pensions & Investments highlighted several firm programs and offerings, including flexible scheduling, well-being coaches, and “Satori Sweats,” which features team workouts and provides an allowance toward a gym membership. The article also noted Satori’s emphasis on communication, feedback, and coaching, as well as its commitment to its purpose.
“We have a clear sense of who we are, why we are here, and what we aspire to do,” said Randy Eisenman, co-founder and managing partner of Satori Capital. Citing Satori’s deep engagement with many of its portfolio companies, Eisenman added, “We aim to be true strategic partners. This requires a workplace that is transparent and service-oriented and a recruiting process that is led by our values.”
The Pensions & Investments award is one of several Satori has received for workplace excellence. In addition to previous honors from P&I in 2015 and 2016, the firm was included on the Dallas Business Journal’s “Best Places to Work in North Texas” list for 2017 and was named to FW Inc.’s list of “Best Companies to Work For in Fort Worth” in both 2016 and 2017.
Satori Capital One of Fort Worth's Best Places to Work
Satori Capital was once again included on FW Inc.’s list of Best Companies to Work For in Fort Worth. This is the second year Satori has been recognized with a high ranking in the “Small to Medium Companies” category, placing third out of 17 honorees on this year’s list.
A profile about Satori included in FW Inc. magazine enumerated many of the benefits of working at Satori, including company-paid gym memberships and health screenings, chef-prepared daily lunches, meetings opened with meditation, fitness coaching, flexible hours, and more paid time off than any other company on the “Best Companies” list. Also cited was Satori’s Optimal Living initiative, which helps employees be their best mentally, emotionally, physically, and spiritually.
The article featured Satori’s investment team director, Jon Gard, who spoke about his experience at Satori. “I was tired of accepting a world with two separate lives: Jon Gard the professional and Jon Gard the husband/father/friend. Satori has allowed me to seamlessly merge these into one aligned and purposeful life… Our culture is like rocket fuel for the mind, body, and soul! I love my team members and cannot imagine working anywhere else.”
The FW Inc. award is one of several Satori has received for workplace excellence. In addition to winning the Fort Worth award last year, the firm was named a “Best Place to Work in Money Management” by Pensions & Investments magazine in both 2015 and 2016 and was included on the Dallas Business Journal’s “Best Places to Work in North Texas” list for 2017.
Sunny Vanderbeck Honored in 'Heroes of Conscious Capitalism'
Satori Capital co-founder Sunny Vanderbeck was recognized in Conscious Capitalism, Inc.’s inaugural list of “Heroes of Conscious Capitalism.” The 28 honorees were selected in tribute to their efforts to “embody the tenets of conscious capitalism.”
Sunny was recognized for the impact and positive influence Satori has created as a successful investment firm that operates in alignment with the principles of conscious capitalism. Sunny’s frequent speaking engagements and interviews on the topic of conscious capitalism were also noted as a positive force.
“I am honored to be included in such a remarkable group and to receive recognition for the values that are so integral to Satori,” Sunny said. “Our team works incredibly hard to live our values in every transaction, partnership, and interaction with our stakeholders, and this honor reflects that effort.”
The “Heroes of Conscious Capitalism” list includes CEOs from Unilever, Campbell Soup Company, PepsiCo, The Container Store, and other well-known companies. To read more about the “Heroes” program and view profiles of each honoree, visit ConsciousCapitalism.org/heroes.
Geoff Campbell and Aleksandra Corwin of Round Table Companies featured two Satori success stories in a discussion of why companies are “choosing their sources of funding with increasing care” and investors are “increasingly putting their money to work for businesses that strive to make the world a better place.”
Not All Money is Created Equal: The importance of funding businesses with conscious capital
There comes a time in the life of a business when it needs money to grow—and while money can be fuel, it can also be fire. Investors come with strings attached, and business owners who understand the power of companies to change the world for the better are choosing their sources of funding with increasing care.
Old and new businesses alike raise money for a variety of reasons—to expand services and offerings, invest in infrastructure, open new locations, or develop new products. Small manufacturers in the Midwest take out loans from regional banks, brand name retailers partner with private equity firms, while tech start-ups in Silicon Valley look to venture capital funds.
These billions of dollars available as sources of funding have one thing in common. The financiers who control them are increasingly putting their money to work for businesses that strive to make the world a better place. This is in part a reaction to the values of the Millennial generation, which believes what Conscious Capitalists have known for a long time—that a business built to benefit everyone and exploit no one, has the best potential to creating lasting wealth and value.
Satori Capital Receives North Texas ‘Best Places to Work’ Award
Satori Capital was named to the Dallas Business Journal’s “Best Places to Work in North Texas” list for 2017. The DBJ’s Best Places to Work program, now in its 15th year, recognizes companies that create outstanding cultures and achieve high levels of employee engagement and satisfaction.
“Our ability to fulfill our purpose and create value for all our stakeholders depends on having a work environment where our talented team members can thrive,” said Randy Eisenman, one of Satori’s founders and managing partners. “This award underscores our commitment to building the kind of culture that attracts and retains top performers and allows them to play to their unique strengths.”
The DBJ award is one of several Satori has received for workplace excellence. The firm was named a “Best Place to Work in Money Management” by Pensions & Investments magazine for 2015 and 2016 and ranked highest in the small companies category on FW Inc. magazine’s “Best Companies to Work For in Fort Worth” list in 2016.
Companies included in the Dallas Business Journal’s 2017 “Best Places to Work in North Texas” list were selected based on information submitted by company representatives and on extensive employee surveys.
Satori Capital Conscious Capitalism CEO Scholarship
In the spring of 2017, Satori Capital launched the Satori Capital Conscious Capitalism CEO Scholarship. The scholarship fund was created to provide the CEO of an up-and-coming business with the opportunity to attend Conscious Capitalism, Inc.’s 2017 CEO Summit.
The CEO Summit is designed for visionary CEOs who conduct their businesses in a different way from the norm. These CEOs focus foremost on fulfilling the deeper purpose of their organizations and creating value for all of their stakeholders, and they cultivate cultures that support people in learning, growing, and flourishing. The Summit features speakers, workshops, and networking opportunities designed to support them on the path. Access to an event like this can have a lasting impact in spreading and promoting the values of conscious capitalism.
After reviewing multiple impressive nominees, Satori announced the scholarship recipient in July of 2017: Jason Ballard, CEO of TreeHouse, Inc. During the evaluation process, Satori was inspired by quotes like this one in Jason’s scholarship entry:
“This is a moment when it is arguable that the entity with the most power for change for good or ill is not government, is not NGOs, and is not any one person. The entity invested with the most ability to create change in the modern world is the for-profit corporation. This means that businesses, business leaders, and entrepreneurs have a responsibility not before seen in history to take ownership for and leadership in the kind of world that their enterprises create.”
Two additional nominees were so impressive that Satori gave special acknowledgement to their entries: Elyse Dickerson, CEO of Eosera, and Abe Kamarck, CEO of True Made Foods.
North Texas Company Leads the Pack on Corporate Wellness Trends
Many corporations, large and small, offer wellness programs to help you stay in shape, but what changes might you see in 2017? Experts predict corporate wellness trends for 2017 will include components for mental and spiritual well-being, as well as technology-driven incentives.
“There’s a shift going from the physical health to the total well-being of the employee,” said Robyne Gaudreau, with Viverae, a workplace wellness technology company.
One North Texas company many would say is in front of the trend is Satori Capital, an investment firm with offices in Dallas and Fort Worth.
“Our vision was to have the next generation of corporate wellness. We had, as individuals and leaders, for a number of years, done corporate wellness programs, and we thought there was an opportunity to really build the next generation – corporate wellness 2.0,” said Sunny Vanderbeck, co-founder and managing partner at Satori Capital.
Vanderbeck and his leadership team created what he says is a “whole person approach to well-being,” offering programs, tools and resources to help become healthier in four dimensions: mental, physical, emotional and spiritual. The team of 25 participates in weekly group meditation, journaling, energy rituals, tread desks, walking meetings, health coaching with Larry North and receives nourishing meals (high protein, low carb, organic and “Less-Meat Mondays”) during the workday. They also have access to Satori Sweats, which encourages group fitness as a way to stay active and create connections and a sense of community outside of the office.
“This is not a benefits program. This is something that drives performance at our firm,” Vanderbeck said. “We’re in the investment business, so the more effective and efficient we are, the better decisions we make, the better our business works, so there is a bottom line to all of this. And how wonderful is it to be in the position to help people become the best versions of themselves?” he added.
A healthier employee means a healthier bottom line for companies that offer wellness programs, according to Gaudreau. “Those benefits may include reduced health-care spending in the future. It may include increased productivity, reduced absenteeism and, in fact, recruitment is an advantage as well,” she said.
“Our team doesn’t get sick, doesn’t have issues, so our health-care costs are rising at a rate much lower than other companies,” Vanderbeck said.
Cami Miller, an investor experience analyst at Satori, says the holistic wellness program changes the landscape of “corporate America.”
“I have a photo of me four years ago and a photo of me now, and I look at myself and I don’t even recognize where I was,” Miller said, of her physical fitness. “It’s a seamless transition from my life outside of the office to the office, where my goals are supported and everyone’s talking about it and are holding me accountable. It’s a part of our everyday conversation,” she adds.
Source: North Texas Company Leads the Pack on Corporate Wellness Trends | NBC 5 Dallas-Fort Worth
Satori Capital was named a Best Place to Work in Money Management for 2016 by Pensions & Investments for the second consecutive year.
“Employees at these top-ranked firms most often cited their colleagues, the firm’s culture, and the benefits as the things that make it a great place to work,” said Amy B. Resnick, editor of Pensions & Investments.
“There is no trade-off between being a great place to work and being a great investment,” said Randy Eisenman, co-founder and managing partner of Satori Capital. “As is the case with our firm, we look to invest in companies with a highly engaged group of employees.”
Pensions & Investments partnered with Best Companies Group, an independent research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees. The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems and demographics. The second part consisted of an employee survey to measure the employee experience. The combined scores determined the top companies.
Pensions & Investments, owned by Crain Communications Inc., is a global news source of money management. P&I is written for executives at defined benefit and defined contribution retirement plans, endowments, foundations and sovereign wealth funds, as well as those at investment management and other investment-related firms. Pensions & Investments provides coverage of events affecting the money management and retirement businesses.
Satori Capital Wins Top Spot in 'Best Companies to Work For' Awards
Satori Capital received a “Best Companies to Work For in Fort Worth” award from FW Inc. magazine on November 9, 2016. The award ranked the top 16 companies in Fort Worth, Texas, for employee satisfaction and engagement. Satori ranked highest in the small companies category.
“We’re delighted and humbled to receive this recognition of our culture and our focus on our team members’ well-being,” said Randy Eisenman, one of Satori’s founders. “We’ve built our culture very deliberately, so an award like this is a great affirmation of that effort.”
Some of the benefits offered by Satori that impressed the judges included company-paid gym memberships, biennial health screenings, monthly Optimal Living advisor visits, flexible schedules, generous time off, chef-prepared healthy lunches daily, on-site guided meditations, and stress management support.
The November/December 2016 issue of FW Inc. includes a multi-page feature on Satori that highlights several team members’ thoughts about working at the investment firm.
“People rarely feel as if they’re making sacrifices to be here in their lives,” said CFO Willie Houston, referring to the company’s flexible schedules. Associate James Gorski talked about the firm’s culture, saying, “We celebrate learners, reward honest communication, seek a purpose higher than making money, and, most importantly, strive to create lasting value for all of our stakeholders.” Faith Geiger, Satori’s stakeholder engagement manager, summed up the firm’s approach to its team members by saying, “When we hire people and when we on-board, we try to take a whole-person approach. We explore – what do they want to bring to the workplace? What makes them thrive?”
This is the second award Satori has received for its culture and workplace excellence. It previously ranked number one in Pensions & Investments magazine’s Best Places to Work in Money Management for 2015.
Eight other companies, from nonprofits to publicly held businesses, competed for the top spot in the small companies category. Rankings were awarded based on an analysis of employer-provided benefits and anonymous surveys completed by employees. The contest was administered and judged by an independent research firm, the Best Companies Group, that specializes in identifying great places to work.
Blue Zones Project is partnering with employers across Fort Worth to create healthier work environments. The Blue Zones Worksite® Pledge promotes evidence-based actions and lifestyle principles to empower employees to be happier, healthier, and more productive. Benefits to employers include increased team member engagement, productivity, and potential savings in healthcare costs.
Satori Capital was recognized by the Fort Worth City Council on March 29, 2016 as one of the newest Blue Zones Project Approved Worksites. By implementing healthy evidence-based options for employees, such as weekly group meditations, extensive fitness benefits, and nutritious meal offerings, Satori is helping to improve the community’s well-being and working hard to maintain status as a great place to work!
Satori Capital Takes First Place in Alternatives Category
Satori Capital was named one of Pensions and Investments Best Places to Work in Money Management for 2015. Satori was one of 34 companies named and placed first among alternative investment managers.
The list of Best Places to Work in Money Management is compiled based on data collected by Buck Consultants LLC. The winners were chosen based upon survey responses submitted by both employees and employers to questions related to categories chosen by Pensions & Investments editors. The leading companies received high scores in areas such as employee relations, social responsibility, and work-life balance.
One team member wrote, “We strive to be the best possible partners we can be to our stakeholders as well as think about the impact our business will have on the world over the course of generations.”
CEO features chief executives from the corporate and not-for-profit sectors. The show explores what it takes to make a company successful in today’s global marketplace, asking questions about leadership style and ethics.
On the October episode of CEO, Satori Capital Managing Partner Sunny Vanderbeck tells host Lee Cullum how Satori helps portfolio companies steer clear of common roadblocks to growth and explains why they look to invest in companies with a conscience. “(Satori Capital believes) profits aren’t a reflection of what you can get away with, what you can extract, but they’re a reflection of the value you create for a customer, for the community you’re in, for your employee,” he says. Vanderbeck also predicts business trends he says will be revolutionary.
Bloomberg Taps Satori to Lead Family Office Roundtable
Bloomberg Television selected Darsh Singh to lead a family office roundtable in Dallas in a conversation on how macro economic trends are affecting the investment landscape for family offices.
Investor Symposium Emerging Manager Panel
Satori Alpha’s Darsh Singh will participate in a Wells Fargo Prime Services Investor Symposium panel titled, “Benefits of Investing in Emerging Hedge Fund Managers.” Darsh will be interviewed alongside Mark Yusko, CEO and CIO of Morgan Creek Capital Management, and Siddarth Sudhir, managing director at The Rock Creek Group. The event will be held in New York City, and is part of a half-day of investor panels, in which hedge fund allocators will provide insight into key topics that concern hedge fund managers
Austin Chapter of TIGER 21 Features James Haddaway
The Austin chapter of TIGER 21 featured Satori Alpha’s James Haddaway at the Four Seasons on April 22, 2014. The title of the discussion was, “Sustainable Alpha: Owning General Partnership Interests in Emerging Asset Management Companies.”
TIGER 21 (The Investment Group for Enhanced Results in the 21st Century) is a peer-to-peer learning network for high net worth investors. Members are entrepreneurs, CEOs, inventors and top executives with backgrounds in financial services, real estate, industrial and consumer goods, legal services, entertainment and medicine. The TIGER 21 learning experience centers on improving the members’ investment acumen through critique and coaching, as well as exploring common issues of wealth preservation, estate planning and family dynamics.
Startup Grind, San Antonio Hosts Darsh Singh
Startup Grind is a global startup community designed to educate, inspire, and connect entrepreneurs, powered by Google for Entrepreneurs. Darsh Singh was invited to share Satori Capital’s commitment to cultivating conscious asset management startups.
Darsh Singh, Portfolio Manager at Satori Alpha, joined a panel of Ivy League professors at the first ever Family Office Insights panel for the Connecticut Hedge Fund Association in Greenwich, CT. Topics ranged from portfolio construction, efficient asset allocation, and risk management for family offices.
Darsh Singh, co-portfolio manager at Satori Alpha, Andrew Sterge, vice president at AQR Capital Management, and Saket Kumar, a portfolio manager at Swank Capital LLC, participate in a panel discussion about hedge-fund strategy and the outlook for U.S. equities. Bloomberg’s Jason Kelly moderates the panel at the Bloomberg Link Alternative Investment Conference in Dallas.