Siris Capital to spin-off from Steven A. Cohen’s SAC Capital

March 3rd, 2011
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SAC Capital Advisors LP reportedly plans to spin-off its private equity group Siris Capital, which is led by Frank Baker, Peter Berger and Jeffrey Hendren. According to an article from Bloomberg, Siris Capital aims to raise $400 million for a buyout fund focusing on technology, telecommunications and health care industries.

Siris Capital’s management team joined SAC Capital in 2007 after leaving Tim Collins' Ripplewood Holdings.
For Detailed Investor Profiles on these Investors, click below:
Point72 Asset Management (SAC Capital)
Related People: ; Douglas Haynes (President); Chandler Bocklage*; Peter Nussbaum*; Sol Kumin*; Steven A. Cohen; Ted Orenstein*; Tom Conheeney*
Related Entities: Canvas Capital*; CR Intrinsic Investors*; Cubist Systematic Strategies; EverPoint Asset Management; S.A.C. Global Investors; SAC Meridian; SAC MultiQuant; Sigma Capital Mgmt; Walter Capital*
Related Article Tags: Investment Management, Fund Manager and General Financial News; Hedge Fund Jobs, Hirings and Firings


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