New York stands as a global epicenter for private equity, hosting powerhouse firms like Blackstone, KKR, and Apollo Global Management. These firms leverage the city’s robust financial infrastructure, deep talent pool, and proximity to Wall Street’s financial networks. Their strategic investments span diverse sectors, driving innovation and economic growth. For professionals seeking to connect with industry leaders and explore groundbreaking opportunities in private equity, join our community at alexejpikovsky.com/community.
Blackstone
Investment Style: Blackstone focuses on a diverse range of investments across industries including real estate, public debt and equity, infrastructure, life sciences, growth equity, and opportunistic and non-investment grade credit. Their approach is characterized by disciplined due diligence, friendly transactions, and strategic partnerships aimed at long-term growth.
Portfolio Companies: Their extensive portfolio includes companies like Emerson’s Climate Technologies (global leader in HVACR products), Hello Sunshine (media company founded by Reese Witherspoon), Legence (facilities efficiency and carbon reduction), TDI (clean energy transmission projects), Bumble (online dating and social networking apps), and Ancestry (digital family history services).
Founding Date: 1985
Number of Investment Professionals: Over 3,000 globally
Assets Under Management: Over $1.1 trillion
Key Investment Professionals:
- Joe Baratta, Global Head of Private Equity: Baratta has been instrumental in shaping Blackstone’s investment strategy. He played a significant role in the firm’s investment in Bumble, helping to drive its growth and market expansion.
- Peter Wallace, Senior Managing Director & Global Head of Core, Private Equity: Wallace has contributed to Blackstone’s long-term investment strategy, particularly in growth equity and infrastructure investments.
- David Blitzer, Senior Managing Director & Global Head of Tactical Opportunities: Blitzer has been key in developing Blackstone’s tactical opportunities investments, leading successful deals in sectors like media and technology.
- Christine Anderson, Global Head of External Relations: Anderson has enhanced Blackstone’s public and investor relations, playing a pivotal role in communicating the firm’s value propositions.
Recent Exits:
- BioMed Realty to Blackstone Real Estate Partners: This $14.6 billion transaction was facilitated with the help of financial advisors such as JP Morgan and Bank of America.
- Finance of America Companies: Blackstone’s exit was managed with assistance from Goldman Sachs and Morgan Stanley, showcasing the firm’s strategic financial partnerships.
- Tradeweb Markets: A successful exit via an IPO valued at $1.1 billion with advisors including Morgan Stanley and Goldman Sachs.
Recent Acquisitions:
- Emerson Climate Technologies: Acquired to drive next-generation HVACR product development and enhance energy efficiency initiatives.
- Spanx: Acquired to expand their presence in the apparel industry and support the brand’s global growth strategy.
- QTS Realty Trust: Acquired to bolster their data center portfolio and capitalize on the growing demand for digital infrastructure.
Office Locations:
- New York (Headquarters): 345 Park Avenue, New York
- Additional Offices: London, Hong Kong, Singapore, Sydney, Tokyo, and other major financial centers globally.
Website: www.blackstone.com
Quote: “At Blackstone, we believe in building businesses that power tomorrow’s economy.” – Steve Schwarzman, Chairman and CEO
Kohlberg Kravis Roberts (KKR)
Investment Style: KKR engages in a broad range of investment strategies, including private equity, energy, infrastructure, real estate, credit, and hedge funds. They are known for value-oriented and growth-focused investments with an emphasis on operational improvements and strategic insights.
Portfolio Companies: KKR’s portfolio includes various businesses across sectors such as healthcare, technology, media, telecommunications, consumer products, financial services, and industrials.
Founding Date: 1976
Number of Investment Professionals: Over 1,700 employees globally
Assets Under Management: Approximately $510 billion
Key Investment Professionals:
- Henry Kravis, Co-Founder and Co-Executive Chairman: A pioneer in the private equity industry, Kravis has been instrumental in shaping KKR’s investment strategies.
- George Roberts, Co-Founder and Co-Executive Chairman: Roberts has played a critical role in expanding KKR’s global footprint and diversifying its investment portfolio.
- Joe Bae, Co-President and Co-COO: Bae has contributed to the firm’s expansion into Asia and other emerging markets, enhancing KKR’s global investment reach.
- Scott Nuttall, Co-President and Co-COO: Nuttall has focused on developing new investment strategies and fostering strategic partnerships for KKR.
Recent Exits:
- Internet Brands: Achieved a successful exit through a strategic sale to a consortium of investors.
- National Vision Holdings: Completed an IPO, showcasing KKR’s ability to scale businesses and provide liquidity to investors.
- Gardner Denver Holdings: Executed a merger with Ingersoll Rand’s Industrial segment, creating a global industrial leader.
Recent Acquisitions:
- Optimal+ technology company: Acquired to expand KKR’s presence in the technology sector and enhance its data analytics capabilities.
- RBmedia, a leading audiobook publisher: Acquired to further expand KKR’s media and entertainment portfolio.
- Envision Healthcare: Acquired to strengthen KKR’s healthcare services offerings and capitalize on the growing demand for medical services.
Office Locations:
- New York (Headquarters): 30 Hudson Yards, New York
- Additional Offices: San Francisco, London, Hong Kong, Tokyo, and other major cities worldwide.
Website: www.kkr.com
Quote: “Our commitment to fostering growth and creating value sets us apart in the investment landscape.” – Henry Kravis, Co-Founder and Co-Executive Chairman
The Carlyle Group
Investment Style: The Carlyle Group specializes in global alternative asset management, including private equity, real estate, credit, and investment solutions. Their investment philosophy focuses on creating value through strategic growth, operational improvements, and leveraging a global network of relationships.
Portfolio Companies: Carlyle’s diverse portfolio includes companies in various sectors such as aerospace, defense, consumer, telecommunications, healthcare, and transportation.
Founding Date: 1987
Number of Investment Professionals: Over 1,800 professionals across five continents
Assets Under Management: Approximately $373 billion
Key Investment Professionals:
- William Conway, Co-Founder and Co-Executive Chairman: Conway has been pivotal in developing Carlyle’s strategic vision and expanding its investment portfolio globally.
- David Rubenstein, Co-Founder and Co-Executive Chairman: Rubenstein’s expertise in global economic trends has shaped Carlyle’s approach to value creation.
- Glenn Youngkin, Former Co-CEO: Youngkin contributed to the firm’s expansion in emerging markets and diversification of investment strategies.
- Kewsong Lee, Chief Executive Officer: Lee has focused on driving growth and innovation across Carlyle’s global investment platform.
Recent Exits:
- Axalta Coating Systems: Completed a successful public offering, demonstrating Carlyle’s ability to transform and grow businesses.
- Ortho Clinical Diagnostics: Achieved a strategic exit through a sale to Quidel Corporation, highlighting Carlyle’s focus on healthcare investments.
- Schneider Electric’s U.S. Services Business: Exited via a strategic sale to an industry partner, leveraging Carlyle’s expertise in the energy sector.
Recent Acquisitions:
- ManTech International Corporation: Acquired to expand Carlyle’s presence in the defense and government services sectors.
- Yashili New Zealand Dairy Co., Ltd: Acquired to enhance Carlyle’s food and beverages portfolio and capitalize on the growing demand for dairy products.
- Unison: Acquired to bolster Carlyle’s technology and data analytics capabilities in the government contracting space.
Office Locations:
- Washington D.C. (Headquarters): 1001 Pennsylvania Avenue NW, Washington D.C.
- Additional Offices: New York, London, Hong Kong, Tokyo, and other major cities worldwide.
Website: www.carlyle.com
Quote: “Our global network and strategic relationships enable us to identify unique investment opportunities and drive superior returns.” – William Conway, Co-Founder and Co-Executive Chairman
Apollo Global Management
Investment Style: Apollo Global Management focuses on contrarian, value-oriented investing in private equity, credit, and real estate. Their approach involves sourcing opportunities that others may overlook and leveraging deep industry expertise to drive value creation.
Portfolio Companies: Apollo’s portfolio is diverse, with investments in sectors such as financial services, natural resources, industrials, and consumer products.
Founding Date: 1990
Number of Investment Professionals: Over 1,600 professionals globally
Assets Under Management: Approximately $548 billion
Key Investment Professionals:
- Leon Black, Co-Founder and Former CEO: Black’s expertise in leveraged buyouts and acquisitions has been key to Apollo’s success in private equity.
- Josh Harris, Co-Founder and Senior Managing Director: Harris has focused on expanding Apollo’s investment strategies and global reach.
- Marc Rowan, Co-Founder and Chief Executive Officer: Rowan has driven Apollo’s growth in alternative asset management and strategic acquisitions.
Recent Exits:
- Rackspace Technology: Achieved a public offering, reflecting Apollo’s ability to scale technology businesses.
- Shutterfly: Exited through a sale to a strategic buyer, showcasing Apollo’s expertise in consumer-focused investments.
- Diamond Resorts International: Completed a successful exit via a sale to Hilton Grand Vacations, capitalizing on the travel and leisure market.
Recent Acquisitions:
- Great Canadian Gaming Corporation: Acquired to expand Apollo’s presence in the gaming and entertainment industry.
- Tenneco: Acquired to strengthen Apollo’s automotive and industrial portfolio.
- Verallia: Acquired to enhance Apollo’s packaging and materials investments in the European market.
Office Locations:
- New York (Headquarters): 9 West 57th Street, New York
- Additional Offices: Los Angeles, London, Singapore, and other major cities worldwide.
Website: www.apollo.com
Quote: “Our contrarian and value-oriented approach allows us to capitalize on opportunities often overlooked by others.” – Josh Harris, Co-Founder and Senior Managing Director
Warburg Pincus
Investment Style: Warburg Pincus specializes in growth investing, focusing on sectors such as technology, healthcare, consumer, industrial, financial services, and energy. Their strategy involves partnering with management teams to drive growth and enhance operational efficiencies.
Portfolio Companies: Warburg Pincus’ portfolio includes a diverse range of companies in sectors such as technology, healthcare, financial services, and industrials.
Founding Date: 1966
Number of Investment Professionals: Over 500 employees globally
Assets Under Management: Approximately $80 billion
Key Investment Professionals:
- Charles Kaye, Chief Executive Officer: Kaye has been instrumental in developing Warburg Pincus’ global investment strategies and fostering strategic partnerships.
- Tim Geithner, President: Geithner’s expertise in financial services and economic policy enhances Warburg Pincus’ investment capabilities.
- Joseph Landy, Co-Chief Executive Officer: Landy has focused on expanding the firm’s investment strategies and global reach.
Recent Exits:
- Duravant: Completed a successful exit through a strategic sale to Carlyle Group, highlighting Warburg Pincus’ expertise in industrial investments.
- DBS Bank: Exited through a public offering, showcasing Warburg Pincus’ ability to scale financial services businesses.
- Convey Health Solutions: Achieved a strategic exit through a sale to a healthcare-focused investment firm.
Recent Acquisitions:
- CityMD: Acquired to expand Warburg Pincus’ presence in the healthcare services sector.
- Groupon: Acquired to enhance Warburg Pincus’ technology and consumer investments.
- Inmar: Acquired to bolster Warburg Pincus’ capabilities in technology-enabled services and consumer goods.
Office Locations:
- New York (Headquarters): 450 Lexington Avenue, New York
- Additional Offices: San Francisco, London, Hong Kong, and other major cities worldwide.
Website: www.warburgpincus.com
Quote: “Our partnership-driven approach fosters sustainable growth and operational improvements across our portfolio.” – Charles Kaye, Chief Executive Officer
Bain Capital
Investment Style: Bain Capital focuses on private equity, public equity, fixed income, venture capital, and real estate investments. Their investment approach centers around partnership, value creation, and leveraging deep industry expertise to drive growth.
Portfolio Companies: Bain Capital’s portfolio includes companies in industries such as consumer, healthcare, financial services, technology, and industrials.
Founding Date: 1984
Number of Investment Professionals: Over 1,200 employees globally
Assets Under Management: Approximately $160 billion
Key Investment Professionals:
- Steve Pagliuca, Co-Chairman: Pagliuca has played a significant role in Bain Capital’s global expansion and strategic investments.
- John Connaughton, Co-Managing Partner: Connaughton has focused on developing new investment strategies and enhancing Bain Capital’s global presence.
- Jonathan Lavine, Co-Managing Partner: Lavine has contributed to Bain Capital’s growth in credit and alternative assets.
Recent Exits:
- Diversey Holdings: Achieved a successful public offering, reflecting Bain Capital’s ability to grow and scale businesses.
- Virgin Voyages: Completed a strategic exit through a sale to a consortium of investors.
- Canada Goose Holdings: Exited via a secondary offering, showcasing Bain Capital’s expertise in consumer investments.
Recent Acquisitions:
- Rocket Software: Acquired to expand Bain Capital’s presence in enterprise software and technology solutions.
- Penske Media Corporation: Acquired to enhance Bain Capital’s media and entertainment portfolio.
- Epic Health Services: Acquired to strengthen Bain Capital’s healthcare services investments.
Office Locations:
- Boston (Headquarters): 200 Clarendon Street, Boston
- Additional Offices: New York, London, Hong Kong, Tokyo, and other major cities worldwide.
Website: www.baincapital.com
Quote: “Our partnership approach and deep industry expertise allow us to drive growth and create lasting value across our portfolio.” – Steve Pagliuca, Co-Chairman
TPG Capital
Investment Style: TPG Capital focuses on leveraged buyouts, growth capital, venture capital, and impact investing. Their approach emphasizes operational improvements, strategic market insights, and fostering sustainable growth in their portfolio companies.
Portfolio Companies: TPG’s portfolio includes companies in various sectors such as healthcare, technology, media, communications, and financial services.
Founding Date: 1992
Number of Investment Professionals: Over 1,500 professionals globally
Assets Under Management: Approximately $135 billion
Key Investment Professionals:
- David Bonderman, Co-Founder and Chairman: Bonderman has been a driving force in TPG’s growth and expansion into new markets and investment strategies.
- Jim Coulter, Co-Founder and Executive Chairman: Coulter has focused on developing TPG’s global investment strategies and fostering innovation across its portfolio.
- Jon Winkelried, Chief Executive Officer: Winkelried has contributed to TPG’s growth in alternative assets and impact investing.
Recent Exits:
- Wind River Systems: Exited through a strategic sale to Aptiv, showcasing TPG’s expertise in technology investments.
- Envision Healthcare: Completed a successful exit via a sale to Kohlberg Kravis Roberts, reflecting TPG’s ability to scale healthcare businesses.
- Adare Pharmaceuticals: Achieved a strategic exit through a sale to Thomas H. Lee Partners, highlighting TPG’s focus on value creation.
Recent Acquisitions:
- Wind River Systems: Acquired to expand TPG’s presence in the technology sector and enhance its software capabilities.
- Ellucian: Acquired to strengthen TPG’s investment portfolio in education technology.
- Lionsgate Television: Acquired to bolster TPG’s media and entertainment investments.
Office Locations:
- San Francisco (Headquarters): 345 California Street, San Francisco
- Additional Offices: New York, London, Austin, and other major cities worldwide.
Website: www.tpg.com
Quote: “Our commitment to operational excellence and strategic insights drives sustainable growth and value creation across our portfolio.” – Jim Coulter, Co-Founder and Executive Chairman
General Atlantic
Investment Style: General Atlantic specializes in growth equity investments, focusing on technology, consumer, financial services, healthcare, and life sciences sectors. Their strategy involves partnering with high-growth companies and leveraging their deep industry expertise to drive value creation.
Portfolio Companies: General Atlantic’s portfolio includes companies in technology, healthcare, consumer, and financial services sectors.
Founding Date: 1980
Number of Investment Professionals: Over 400 professionals globally
Assets Under Management: Approximately $86 billion
Key Investment Professionals:
- Bill Ford, Chief Executive Officer: Ford’s leadership and strategic insights have been key to General Atlantic’s growth and success in global markets.
- Anton Levy, Co-President: Levy has focused on expanding General Atlantic’s investment strategies and enhancing its global presence.
- Martín Escobari, Co-President: Escobari has played a significant role in developing General Atlantic’s investment capabilities in emerging markets.
Recent Exits:
- Slack Technologies: Achieved a successful public offering, highlighting General Atlantic’s expertise in technology investments.
- Uber Technologies: Exited through a secondary offering, reflecting General Atlantic’s ability to scale high-growth businesses.
- Airbnb: Exited via a public offering, showcasing General Atlantic’s strategic investments in consumer technology.
Recent Acquisitions:
- Doctolib: Acquired to expand General Atlantic’s healthcare technology investments and enhance its digital health capabilities.
- Thunderhead: Acquired to strengthen General Atlantic’s presence in customer engagement and enterprise software.
- Artisan Partners Asset Management: Acquired to bolster General Atlantic’s financial services investments.
Office Locations:
- New York (Headquarters): 55 East 52nd Street, New York
- Additional Offices: London, Hong Kong, São Paulo, and other major cities globally.
Website: www.generalatlantic.com
Quote: “Our partnership approach and deep industry expertise allow us to drive growth and create lasting value across our portfolio.” – Bill Ford, Chief Executive Officer
Silver Lake Partners
Investment Style: Silver Lake Partners focuses on large-scale investments in technology and technology-enabled industries. Their investment strategy emphasizes creating value through operational improvements, strategic partnerships, and leveraging technological innovations.
Portfolio Companies: Silver Lake’s portfolio includes leading technology companies in sectors such as software, hardware, data, and technology services.
Founding Date: 1999
Number of Investment Professionals: Over 300 professionals globally
Assets Under Management: Approximately $92 billion
Key Investment Professionals:
- Egon Durban, Co-Chief Executive Officer: Durban’s leadership and expertise in technology investments have been pivotal to Silver Lake’s success.
- Greg Mondre, Co-Chief Executive Officer: Mondre has focused on expanding Silver Lake’s global investment strategies and enhancing its technology focus.
- Ken Hao, Chairman: Hao has contributed to Silver Lake’s growth in technology investments and strategic partnerships.
Recent Exits:
- Motorola Solutions: Completed a successful exit through a strategic sale, highlighting Silver Lake’s expertise in technology investments.
- Alibaba Group: Exited through a public offering, showcasing Silver Lake’s ability to scale high-growth technology businesses.
- ServiceMax: Achieved a strategic exit through a sale to a technology-focused investment firm.
Recent Acquisitions:
- SolarWinds: Acquired to expand Silver Lake’s presence in enterprise software and technology solutions.
- Verily Life Sciences: Acquired to enhance Silver Lake’s healthcare technology portfolio.
- Twitter: Acquired a significant stake to bolster Silver Lake’s media and technology investments.
Office Locations:
- Menlo Park (Headquarters): 2775 Sand Hill Road, Menlo Park
- Additional Offices: New York, London, Hong Kong, and other major cities globally.
Website: www.silverlake.com
Quote: “Our focus on technology-driven value creation distinguishes us in the investment landscape.” – Egon Durban, Co-Chief Executive Officer
Conclusion
New York’s private equity landscape continues to evolve, reflecting the city’s dynamic financial ecosystem. As firms adapt to changing market conditions, their strategic investments and operational expertise remain crucial. The intricate network of PE firms demonstrates the city’s resilience and innovation in driving economic growth and transforming industries.
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