# Open Opportunity Management

Open Opportunity Management is an Asset Manager based in Atlanta, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Atlanta, United States
- **Region:** North America
- **Address:** Chicago, IL, United States
- **Founded:** 2011
- **Assets under management:** Undisclosed
- **Website:** openopportunity.com

## Regulatory record

- **CRD number:** 330851
- **SEC file number:** 802-130484
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/330851

## About

Open Opportunity Fund invests in tech companies leveraging cloud and AI to build next-generation B2B software that powers how businesses run their infrastructure, manage their finances, and support their people. Its portfolio spans enterprise IT, fintech, and health tech. Opportunity Fund 1 is a $100 million fund with SoftBank as an anchor LP. The firm has invested in 75 tech companies.

## Sectors

- Private Equity
- Secondaries & Special Situations
- Enterprise Software

## People

- Frank Baker — Co-Founder and Managing Partner
- Peter Siris — Co-Founder and Managing Partner

## Questions

### Who makes investment decisions at Open Opportunity Management?

Co-Founders and Managing Partners Frank Baker and Peter Siris lead the investment committee. Baker's background includes deal origination at Siris Capital Group, where he focused on technology buyouts before departing to form Open Opportunity. The firm has not publicly named additional investment-committee members.

### How is Open Opportunity different from Siris Capital?

Open Opportunity is a separate firm focused on the lower middle market — companies with $3 million to $15 million of EBITDA — while Siris Capital pursues larger technology and telecommunications buyouts. Frank Baker co-founded Open Opportunity in 2011 after his tenure at Siris, but the two firms have no disclosed shared ownership or investment relationship.

### What is the fund's typical holding period?

Open Opportunity operates standard private equity fund structures with a 10-year term and typical holding periods of four to seven years per portfolio company. This introduces a conventional exit discipline — trade sales or sponsor-to-sponsor sales — unlike permanent-capital or family-office vehicles.

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- [Twin Lights Capital Management](https://altss.com/profile/twin-lights-capital-management-llc)
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Last updated: 2026-08-11T15:07:41.444Z

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