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.
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 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.
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.
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.
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.