Stephen L. Norris

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This article is about the private equity investor. For the British politician, see Steven Norris.

Stephen L. Norris is one of the co-founders of The Carlyle Group, an American private equity firm and currently the Chairman of Stephen Norris Capital Partners. He is a former member of the Federal Retirement Thrift Investment Board, having being appointed by George H. W. Bush in 1990. [1]

[edit] Corporate career

Stephen L. Norris and his Utah partner, Mark Robbins, were subject to a Utah civil complaint filed by his former partners GMG Capital, however Norris was dismissed from the case for lack of jurisdiction.[2]

Both Norris and Robbins announced an MOU with the SCO Group to purchase a controlling interest in SCO for 5 million dollars and the promise of a loan of up to 95 million dollars to fund bankruptcy obligations, future appeal bonds, penalties and litigation expenses. [3]

Norris is listed as a partner of Michael Staisil in Staisil Norris Partners, Ltd., which registered the SNPLTD.com domain in April 2007, and is listed as a chairman of Forum Capital Group. He also founded a non-profit organization, the Stephen L. Norris Foundation.

Norris is referred as owner of a business "76 & Madison" that is working with Hollywood Studios International, a film production company with offices in LA and Dubai, UAE.

[edit] References

  1. ^ SCO Group plans to go private with $100 million investment. Deseret Morning News. Retrieved on 2008-03-06.
  2. ^ GMG Capital Investments v. Robbins et al, 2:06-cv-876 (utd) (nefomatic case page)
  3. ^ The SCO Group | Investor Relations | The SCO Group Announces Reorganization Plan to Include $100 Million Financing by Stephen Norris Capital Partners