Paul Salem

Overview

Paul Salem is a senior managing director emeritus at Providence Equity Partners, a global private equity firm specializing in the media and communication industries. He served for 28 years as a senior managing director on Providence's investment team and as a member of the investment committee and management committees. While at Providence, Paul helped grow Providence’s assets under management from $171 million to over $50 billion. He started the European office, the credit affiliate, Benefit Street Partners, and Providence Public, a long/short hedge fund. He is also the founder of Salem Capital Holdings, a single-family office based in Charlotte, North Carolina, focusing on investments in various asset classes and businesses, including commercial real estate and private equity. Salem Capital Holdings aims to generate attractive returns on capital investments with an acceptable risk profile and provides capital and expertise to partners throughout the investment lifecycle. Additionally, Salem serves as the Chair of the Board of Trustees at the Woods Hole Oceanographic Institution and has been involved with several non-profit organizations, including Year Up and Edesia Global Nutrition. He is a graduate of Brown University and received his MBA from Harvard Business School. He is currently enrolled in the Harvard Advanced Leadership Initiative focusing on climate change and the oceans.

Investment Focus

• Minimum Revenue: $10 million
• Minimum EBITDA: $1 million
• Sustainable free cash flow
• Proven management team with at-risk capital
• Diversified customers, markets, and suppliers