NEW YORK--(BUSINESS WIRE)--Napier Park Global Capital (“Napier Park”), a $6 billion global alternative asset management firm, today announced that it has moved into new headquarters in New York City at 280 Park Avenue.
According to Michael Williams, chief operating officer of Napier Park, “The new space has been built out specifically to accommodate our needs as a growing business. The combination of location, purpose-built space and attractive lease terms make this a great move for Napier Park.”
Napier Park, which relocated from 399 Park Avenue, will occupy 25,000 square feet in its new location and was represented by Newmark Grubb Knight.
Napier Park Global Capital completed its spinout from Citigroup on March 1, 2013, and is majority-owned by the firm’s employees.
About Napier Park Global Capital
Napier Park Global Capital is an independent alternative asset management firm that manages approximately $6 billion as of April 1, 2014. The firm offers a diversified product mix including hedge funds, bespoke client solutions, private investments, CLOs and structured credit to large, sophisticated institutional investors. Napier Park Global Capital has offices in New York, London, Switzerland and Dubai. For more information visit www.napierparkglobal.com