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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 Neil Goldmacher, Josh Friedman and Dan Madison of Newmark Grubb Knight Frank.
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
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 12,000 professionals operate from more than 320 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.