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Salt Mines Advisors
Kevin Mayer's Salt Mines Advisors manages a media-and-real-estate portfolio built on Clear Channel proceeds, operating as a quiet Texas single-family office.
Salt Mines Advisors
SALT MINES ADVISORS is an SEC-registered investment adviser. It has 1 employee and 1 investment adviser.
General information
Firm type
Single Family Office
Year founded
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AUM
$100M - $500M (Altss estimate)
Location
Region
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Country
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City
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Corporate office
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Principals
Kevin Mayer
Co-Founder
Shannon Mayer
Co-Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Salt Mines Advisors?
Kevin Mayer and Shannon Mayer co-manage the family office. Kevin Mayer is the son of Lowry Mays, the founder of Clear Channel Communications. Investment decisions are made within the family, with no external investment committee or CIO disclosed.
Where does the underlying wealth come from?
The wealth originates from the Mays family's founding stake in Clear Channel Communications, a radio and outdoor advertising conglomerate that grew to own over 1,200 radio stations in the United States. The company was taken private in a 2008 leveraged buyout, providing liquidity to the founding family.
Is Salt Mines Advisors structured as a single family office or does it operate more like a venture firm?
It is a single-family office with no external capital. Its venture activities are proprietary allocations from the family's balance sheet, not a fund structure. The firm does not solicit or manage third-party LP commitments.
What asset classes does Salt Mines Advisors invest in?
The firm invests across media and entertainment assets, venture capital (primarily adtech and digital media infrastructure), and commercial real estate. Its real estate portfolio includes office, retail, and mixed-use properties in Texas and California.
Does Salt Mines Advisors maintain philanthropic structures, and how are they separated?
The Mays Family Foundation operates as a separate philanthropic vehicle, focusing on education and community development in the San Antonio area. It is legally and operationally distinct from the family office's investment activities.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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