Paul Salem is Founder of Salem Capital Management and The Salem Foundation. He
also serves as Chairman of the Board of MGM Resorts International (NYSE: MGM),
the global hospitality and entertainment company, and was formerly Chairman of
MGM Growth Properties (NYSE: MGP).
Previously, Paul spent 27 years helping build and lead Providence Equity
Partners, a global private equity firm specializing in the media, communication,
and technology industries. Paul was a Senior Managing Director on Providence
Equity’s investment team and served as a member of the investment committee and
management committees, helping grow the firm to over $50 billion of assets under
management. In 1999, Paul established the London office for Providence Equity
and in 2008 launched Providence Equity’s credit affiliate, Benefit Street
Partners. In 2014, Paul led the purchase of Merganser, a Providence Equity
affiliate, and in 2017, formed Providence Public, a long/short hedge fund.
Paul served as chairman or director for many of Providence Equity’s portfolio
companies, including Asurion, Eircom, Grupo TorreSur, Madison River Telecom,
MetroNet (formerly AT&T Canada), PanAmSat, Tele1 Europe, Verio, and Wired
Magazine.
Paul is involved in the leadership of several non-profit organizations,
including serving as Chairman at Woods Hole Oceanagraphic Institute, board
member of Edesia Global Nutrition, and advisory board member of the Carney
Institute for Brain Science at Brown University. He formerly served as Chairman
of Year Up. He earned an MBA from Harvard Business School and a B.A. from Brown
University.