Housing some of the world’s largest and most well-known firms, everyone regards New York City as the private equity capital of the world. KKR, The Blackstone Group, and Cerberus Capital all call New York home, as well as many newer, emerging firms such as LNK Partners, Elevation Partners, and Aquiline Partners.
But just how crowded is America’s largest city when it comes to doing deals? In filtering info within Private Equity Database, we find there are over 200 firms headquartered in New York City, with nearly 90 residing in the 10022 zip code alone. With so many firms in a small upper east side area, you’d imagine there would be less unique addresses than firms. That’s certainly the case with the 86 firms in the 10022 zip listed at 46 different addresses.
So which building contains the most PE HQs? With eight private equity tenants, that would be 320 Park Avenue (see pic at right). Arsenal Capital, Zephyr Management, Kelso & Company, Gilbert Global Equity, One Equity Partners, EOS Partners, MidOcean Partners, and Welsh Carson Anderson & Stowe all reside under one roof in the Mutual of America Building.