Sallyport is a team of investment professionals focused on a patient approach to start and invest in growing businesses. Originally a single-family office with a focus on the energy industry, the firm has broadened its investment mandate to include a variety of industries.
Who We Are
About Us
The Firm
Sallyport Investments
Sallyport Investments was founded to provide capital and leadership to early-stage companies across a variety of industries. Sallyport has crafted an investment process that maximizes the value of relationships and long-term capital and optimizes portfolio company operations by partnering with excellent management teams. Through decades of relationship building, Sallyport routinely collaborates with both industry leaders and thought leaders to identify trends before they are pronounced.
Sallyport Funds
Sallyport manages alternative investment strategies for outside investors.
"The Sallyport team has been a critical component of Validere’s success. By showing early belief, ongoing support, and inherent trust, the Sallyport team have proven themselves to be a perfect partner for our business."
—Nouman Ahmad, CEO of Validere
The Team
100+ Years of Collective Experience
Doug Foshee
Co-Founder and Chairman
Doug Foshee is the Chairman and CEO of Sallyport Investments. At Sallyport, Mr. Foshee is focused on cultivating relationships, deal sourcing, and strategic direction for portfolio company management teams. Prior to founding Sallyport, Mr. Foshee was the Chairman, CEO and President of El Paso Corporation (NYSE:EP) from 2003-2012. Mr. Foshee joined El Paso to lead the turnaround efforts following a pitched battle for control of the company and the demise of the “Energy Merchant” sector. Mr. Foshee recast El Paso as the largest Interstate Natural Gas Pipeline company in the US, with pipeline networks from “Bakersfield to Boston” and transporting 28% of US natural gas nationwide. The company also operated one of the largest independent exploration and production companies in the US. In 2012, Mr. Foshee led the company through the $90 billion merger with Kinder Morgan, one of the largest energy mergers in US history, resulting in shareholder returns far exceeding the S&P 500, and returns of over four times the price of EP shares in 2003.
Prior to El Paso, Mr. Foshee served as the CFO and COO of Halliburton Company (NYSE:HAL) from 2001-2003, Chairman, CEO and President of Nuevo Energy (NYSE:NEV) from 1996- 2001, CEO and President of Torch Energy Advisors from 1993-1996, Financial Analyst at ARCO International, Inc. (NYSE:ARCO) from 1992-1993, President, Allen Parkway Bank of BancTexas from 1989-1990, and Vice President of First Interstate Bank of Texas from 1982-1989. Mr. Foshee has served on numerous public boards including Marathon Oil Company (NYSE:MRO), Cameron International (NYSE:CAM), El Paso Corporation (NYSE:EP), and Nuevo Energy Company (NYSE: NEV).
Mr. Foshee is heavily involved with non-profit organizations and currently serves on the board of The Welch Foundation, Combined Arms, Texas Business Hall of Fame Foundation, Good Reason Houston, and Coalition for the Homeless. In 2014, he founded NextOp Vets, a non-profit by providing career placement assistance, mentorship and support in their transition into the energy industry. Mr. Foshee received a BBA from Texas State University (Finance Concentration) and an MBA from Rice University. Mr. Foshee is also a Graduate of the Southwestern School of Banking at Southern Methodist University.
Kyle Bethancourt
Co-Founder and Managing Partner
Kyle Bethancourt is a Managing Partner at Sallyport Holdings. At Sallyport, Mr. Bethancourt is focused on cultivating relationships, deal sourcing, portfolio company recruitment, and all aspects of new investments. Mr. Bethancourt currently serves on the board of directors for several portfolio companies, including Sallyport Commercial Finance, LLC, EnGoPlanet Energy Solutions, LLC, Validere Technologies Ltd., and VRGL, Inc. Prior to Sallyport, Mr. Bethancourt was a Vice President at the Blackstone Group (Blackstone) where he worked for their credit division, GSO Capital Partners. Mr. Bethancourt was also involved in the successful launch of the Franklin Square Energy & Power fund, an energy focused BDC with multibillions in AUM.
Prior to Blackstone, Mr. Bethancourt worked for D. E. Shaw & Co. (Shaw), a hedge fund based in New York City with $25 billion of assets under management. While at Shaw, Mr. Bethancourt made investments in renewable and traditional power projects. Mr. Bethancourt was involved with developing a portfolio of biomass power projects in central California and he also helped manage a portfolio of traditional natural gas fired facilities in the Midwest. Before Shaw, Mr. Bethancourt spent time working for the El Paso Corporation and for Merrill Lynch where he worked on debt and equity transactions totaling over $6 billion.
Mr. Bethancourt is Chairman of the Board for the For All Mankind Movement. Mr. Bethancourt received a BBA in Accounting and Finance from Texas A&M University and an MBA in Finance and Entrepreneurship from The Wharton School in Philadelphia, Pennsylvania. Mr. Bethancourt lives in Houston, Texas with his wife and family.
Ryan Howard
Co-Founder and Managing Partner
Ryan Howard is a Managing Partner at Sallyport Holdings. At Sallyport, Mr. Howard is focused on cultivating relationships, deal sourcing, execution of new investments, and portfolio company initiatives. Mr. Howard currently serves on the board of directors for several portfolio companies, including Sallyport Commercial Finance, LLC, EnGoPlanet Energy Solutions, LLC, and Advanced Spirits, LLC. Prior to Sallyport, Mr. Howard worked for Platform Partners (Platform), a generalist private equity firm located in Houston, Texas primarily focused on majority control transactions across a variety of sectors. Mr. Howard was responsible for sourcing, structuring, and executing investments across the capital structure.
Prior to Platform, Mr. Howard worked for Goldman Sachs in the Global Natural Resources Group focused on executing M&A and capital markets transactions for large E&P and midstream clients. Mr. Howard received a BBA in Finance from Texas A&M University and lives in Houston, Texas with his wife and family.
Owen Worley
Vice President
Owen Worley is a Vice President at Sallyport Holdings. At Sallyport, Mr. Worley is focused on cultivating relationships, deal sourcing, execution of new investments, and portfolio company initiatives. Prior to Sallyport, Mr. Worley was the Finance Director at Alta Resources Development (Alta), an oil and natural gas focused investment company located in Houston, Texas. At Alta, Mr. Worley was responsible for all aspects of business development, corporate finance and investor relations. Mr. Worley was involved in the successful divestiture of natural gas assets in Pennsylvania to EQT Corporation for $2.9 billion.
Prior to Alta, Mr. Worley served as Manager of Planning and Investor Relations at Sheridan Production Partners, a series of oil and natural gas focused funds, and at Deloitte & Touche, a leading professional services firm, in the Audit and Business Valuation groups. Mr. Worley received a BA in Business from Rhodes College and a Masters in Professional Accounting from The University of Texas at Austin. He is Certified Public Accountant in the state of Texas. Mr. Worley lives in Houston, Texas with his wife and family.
Anna Hobby
Director of Business Development and Investor Relations
Anna Hobby is a Director at Sallyport Partners Fund. She leads the $160mm+ private equity fund’s business development and investor relations efforts.
Prior to joining Sallyport, Anna worked at The Carlyle Group in Washington, DC where she acted as Chief of Staff to the Co-CEO and led several special projects for the firm. Before Carlyle, Anna worked at Sallyport Investments, a family office in Houston, where she managed a portfolio of direct private equity investments. Anna started her career at Deloitte Consulting.
She graduated with honors from Texas A&M University (B.B.A., Finance) and lives in Houston, TX with her husband and two children.
Sam Foshee
Analyst
Sam Foshee is an Analyst at Sallyport Holdings. At Sallyport, Mr. Foshee is focused on deal sourcing, execution of new investments, and portfolio company initiatives. Prior to Sallyport, Mr. Foshee worked for Cloudflare, a cybersecurity and technology firm headquartered in San Francisco, California. Mr. Foshee was responsible for sourcing, engaging, and executing new business.
Mr. Foshee received a BA in Economics from the University of Texas and lives in Houston, Texas.
Amy Rogers
Executive Assistant to Doug Foshee
Jordan Kearney
Executive Assistant