Siris Capital to spin-off from Steven A. Cohen’s SAC Capital
|March 3rd, 2011||
|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.
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