The Houston-based firm, founded in 1958, manages investment portfolios for a diverse range of clients, including pension plans, foundations, endowments, individuals, charitable organizations, corporations, state and municipal government entities, and insurance companies. With $25 billion in assets under management as of September 30, 2008, Fayez Sarofim offers four types of investment strategies - large capitalization equity, global equity, core fixed income, and balanced portfolios - and is owned and managed by its founder and a team of 21 investment professionals.