Napier Park Global Capital, a USD6 billion global alternative asset management firm, has moved into new headquarters in New York City at 280 Park Avenue.
Michael Williams, chief operating officer of Napier Park, says: “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 Frank.
Napier Park Global Capital completed its spinout from Citigroup on 1 March 2013, and is majority-owned by the firm’s employees.