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Sirovich, a managing director at Scopia Capital, serves on the board of the Bowery Residents' Committee, which is working to tackle homelessness in New York City.
Matthew Sirovich and wife Meredith Elson
The streets of New York City have never been an easy place. Right now approximately 3,350 men and women call them home, and more than 50,000 spend the night in a shelter, according to recent statistics released by the city's Department of Homeless Services.
Matthew Sirovich grew up in New York in the 1970s, a difficult era when the city was on the verge of bankruptcy. He remembers seeing homeless people on the street, and he developed a sympathy for them. "That only exhibited itself for the most part for 40 years of my life when I would give money to homeless on the street from time to time," he says.
That changed when Sirovich, 48, managing partner at $4.5 billion hedge fund firm Scopia Capital Management, reconnected with a high school classmate at a reunion. That classmate, Muzzy Rosenblatt, is the executive director of the Bowery Residents' Committee, a nonprofit that provides services to...