Siris Culture/Comp/Hours/Process

Hi guys,

I’m an incoming EB analyst (didn’t change my anonymous name yet), and I wanted to learn more about Siris and their Head Hunter and more about the process.

Also would be great to learn about comp/culture/hours.

Also, what do you guys think are some comparable firms? Thanks!

 

Anybody have any insight into comp? How it is viewed in the industry?

 
Most Helpful

Solid firm with steadily growing fund sizes. Major recent deal was Travelport with Elliott/Evergreen Coast.

Comparable to to other MM tech firms named above but less comparable in the following ways:

  • They do a lot more telecom deals than many of the other ~software-focused shops. A large number of their realized investments are in telecom. So a more true "TMT" shop. In that sense, they are more similar to Veritas, another NYC shop. Marlin, Francisco are unlikely to touch pure telecom businesses.

  • More value-oriented and don't seem to buy super-high-growth next-gen software businesses.

  • Middle Market but tend to do deals substantially larger than one would expect from their fund size. Marlin, STG, Vector do materially smaller deals. Francisco does similarly large deals. Travelport was $4.4bn; that is big for a $3.5bn fund. Looks like they do a few concentrated investments rather than many different smaller ones (the strategy of many middle market firms).

Process: Bellcast (confirmed above). Have heard they have a difficult modeling test (concepts and difficult time constraints).

 

Anyone know what's going on there post TVPT? Seems like that was a huge portion of the fund, and if I had to guess that's likely distressed or near that

 

Ipsam ipsa hic eos et nulla aut. Nemo vitae et qui assumenda ducimus dolore.

Quidem corporis sequi eligendi numquam et temporibus. Beatae molestiae iste nam non qui numquam exercitationem. Et et aliquam distinctio. Ut ut rerum occaecati harum.

Aut voluptas exercitationem eos laborum. Possimus nulla pariatur provident ea nobis laudantium. Repudiandae voluptas velit magnam harum. Qui eaque sint doloribus. Culpa ducimus laboriosam ut enim tempora.

Total Avg Compensation

March 2024 Private Equity

  • Principal (9) $653
  • Director/MD (21) $586
  • Vice President (90) $363
  • 3rd+ Year Associate (89) $280
  • 2nd Year Associate (204) $268
  • 1st Year Associate (386) $229
  • 3rd+ Year Analyst (28) $157
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (245) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (313) $59

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
98.9
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Secyh62's picture
Secyh62
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8