Satellite invests $300 million in spinoff
Wed Jan 30, 2008
Satellite Asset Management and its affiliates have invested
$300 million in SIR Capital Management, the fledgling energy
fund started by Satellite alums Vince Maddi and Sean Brennan.
The investment gives New York-based Satellite a minority equity
stake and lower fees, but not voting rights, in the nascent
firm, according to SIR's...
ISSN: 2151-1845 / CDC10004H
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