Key Takeaways
- • Technology-oriented private equity firm Siris is launching a new firm, October Capital, led by Frank Baker, according to a statement provided to Bloomberg News.
- • October Capital will focus on investing in services companies across three areas: services supporting AI infrastructure buildout, physical security, and financial infrastructure.
- • The firm is based in West Palm Beach, Florida.
- • Financial infrastructure focus includes businesses adapting to the adoption of digital assets.
Summary
Siris, a technology-oriented private equity firm, is launching a new investment firm called October Capital, according to a statement provided to Bloomberg News. The firm will be led by Frank Baker and will concentrate on investing in services companies.
Based in West Palm Beach, Florida, October Capital will focus on three critical areas. The first is services that support the buildout of artificial intelligence infrastructure. The second is physical security. The third is financial infrastructure, a sector the firm describes as changing with the adoption of digital assets.
The launch marks a new vehicle under the Siris platform with a dedicated services mandate. The primary source does not disclose fund size, target capital, or investor commitments, so those details remain unreported in this announcement.
Based in West Palm Beach, Florida, October Capital will focus on three critical areas. The first is services that support the buildout of artificial intelligence infrastructure. The second is physical security. The third is financial infrastructure, a sector the firm describes as changing with the adoption of digital assets.
The launch marks a new vehicle under the Siris platform with a dedicated services mandate. The primary source does not disclose fund size, target capital, or investor commitments, so those details remain unreported in this announcement.
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