Siris Capital Group, LLC (New York)

Name: Siris Capital Group, LLC
Address: 601 Lexington Avenue, 59 Th Floor, New York, NY, 10022
Telephone: 212-231-0095

Siris Capital Group, LLC is a large advisory firm based in New York. It manages $6.19 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and New York.

Siris Capital Group provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Siris Capital Group: assets under management

The assets under management (AUM) of Siris Capital Group, LLC is $6.19 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 808% since the beginning of its operation, and $494.03 million of the total AUM is attributable to clients outside of the United States.

The firm manages $6.19 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $412.83 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Siris Capital Group, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Siris Capital Group serves?

The only and largest group of clients of Siris Capital Group is pooled investment vehicles with 15 clients and $6.19 billion of assets under management. Among the 8 most similar advisory firms, Siris Capital Group has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $6.19 billion for 15 clients. 40% of the firm’s clients are foreign persons or businesses.

Siris Capital Group also advises several private funds. Namely, fifteen private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $9,600,000.

Careers at Siris Capital Group, LLC

The company employs 33 people that are either part- or full-time employees. 79 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Siris Advisor Holdco	Managing member of siris capital group, llc	1 Sep 2011	75% - 100%	61-1668352
Dominick Jerome Golio	Chief compliance officer and chief financial officer	1 Oct 2011	Other	6020228
Ciara Patricia Roche	Chief operating officer of siris capital group, llc	1 Jan 2012	Other	6309545
Ian Andrew Silverman	Chief financial officer of siris capital group, llc	1 Mar 2013	Other	4320410
Ciara Patricia Roche	Chief compliance officer of siris capital group, llc & siris capital group iii, l.p.	1 Mar 2014	Other	6309545
L.P. Siris Advisor Holdco Iii	Limited partner of siris capital group iii, l.p.	1 Nov 2014	75% - 100%	47-2382639
Llc Siris Advisor Holdco Iii	General partner of siris capital group iii, l.p.	1 Nov 2014	Other	47-2372815
Ciara Patricia Roche	Managing director, compliance & operations of siris capital group, llc	1 Aug 2016	Other	6309545
Steven Joshua Spencer	Chief compliance officer of siris capital group, llc & siris capital group iii, l.p.	1 Aug 2016	Other	6687624
Steven Joshua Spencer	Partner, senior managing director, general counsel, chief compliance officer	1 Sep 2018	Other	6687624
Elias Mendoza	Partner, senior managing director, chief operating officer	1 Sep 2018	Other	2019162

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Frank Augustus Baker	Managing member	1 Nov 2010	25% - 50%	2526544
Peter Elliot Berger	Managing member	1 Nov 2010	25% - 50%	6020222
Jeffrey Meade Hendren	Managing member	1 Nov 2010	25% - 50%	2088442
Jeffrey M Hendren	Managing member	1 Nov 2010	25% - 50%	2088442
Peter Elliot Berger	Limited partner	1 Nov 2014	25% - 50%	6020222
Frank Augustus Baker	Limited partner	1 Nov 2014	25% - 50%	2526544
Jeffrey Meade Hendren	Limited partner	1 Nov 2014	25% - 50%	2088442

Based in New York

The principal office where Siris Capital Group, LLC performs its advisory services is located at 601 Lexington Avenue, 59 Th Floor, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Palo Alto, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-231-0095 or by fax 212-231-2680. The normal business hours are 8:30 a.m. to 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at siriscapital.com.