US advisers that report private equity funds on SEC Form ADV: fields, counts and prices by state.
Private equity firms in New York
~830 SEC-registered and exempt reporting advisers that report private equity funds have their main office in New York City, in the SEC's Form ADV file of 2026-10-02. That is more than a quarter of the ~3,100 in the US. Across New York State the count is ~890, so almost every New York adviser of this kind sits in the city. The table ranks the 25 largest focused advisers there by the gross assets of the private funds the adviser reports, not fund size or assets raised.
~830 SEC-registered and exempt reporting advisers that report private equity funds have a New York City main office (SEC Form ADV, file of 2026-10-02).
~830New York State has ~890 of these advisers, 29% of the US count and more than any other state.
~890All 25 of the largest focused advisers in New York City are also in the national top 100.
25 of 25The 25 largest private equity advisers in New York City
| Adviser | Main office | Gross private-fund assets | PE funds reported | Evidence |
|---|---|---|---|---|
| 1. Kohlberg Kravis Roberts & Co. L.P. | New York, NY | $518.1 billion | 553 PE funds of 630 private funds | adviserinfo.sec.gov |
| 2. HPS Investment Partners, LLC | New York, NY | $150.8 billion | 142 PE funds of 253 private funds | adviserinfo.sec.gov |
| 3. Blackstone Management Partners L.L.C. | New York, NY | $145.7 billion | 36 PE funds of 36 private funds | adviserinfo.sec.gov |
| 4. Coatue Management, L.L.C. | New York, NY | $128.7 billion | 120 PE funds of 146 private funds | adviserinfo.sec.gov |
| 5. General Atlantic Service Company, L.P. | New York, NY | $124.3 billion | 323 PE funds of 334 private funds | adviserinfo.sec.gov |
| 6. Warburg Pincus LLC | New York, NY | $112.3 billion | 213 PE funds of 213 private funds | adviserinfo.sec.gov |
| 7. Tiger Global Management, LLC | New York, NY | $102.2 billion | 28 PE funds of 38 private funds | adviserinfo.sec.gov |
| 8. Blue Owl GPSC Advisors LLC | New York, NY | $95.1 billion | 96 PE funds of 125 private funds | adviserinfo.sec.gov |
| 9. Insight Venture Partners | New York, NY | $92.2 billion | 178 PE funds of 180 private funds | adviserinfo.sec.gov |
| 10. Clayton, Dubilier & Rice, LLC | New York, NY | $86 billion | 42 PE funds of 42 private funds | adviserinfo.sec.gov |
| 11. Strategic Partners Fund Solutions Advisors L.P. | New York, NY | $79.4 billion | 34 PE funds of 45 private funds | adviserinfo.sec.gov |
| 12. Lexington Partners L.P. | New York, NY | $78.5 billion | 113 PE funds of 113 private funds | adviserinfo.sec.gov |
| 13. Global Infrastructure Management, LLC | New York, NY | $72.6 billion | 93 PE funds of 93 private funds | adviserinfo.sec.gov |
| 14. Stonepeak | New York, NY | $56.5 billion | 101 PE funds of 121 private funds | adviserinfo.sec.gov |
| 15. AlpInvest US Holdings, LLC | New York, NY | $55.2 billion | 108 PE funds of 110 private funds | adviserinfo.sec.gov |
| 16. Blackstone Private Credit Strategies LLC | New York, NY | $54.3 billion | 54 PE funds of 54 private funds | adviserinfo.sec.gov |
| 17. Veritas Capital Fund Management, L.L.C. | New York, NY | $53.4 billion | 32 PE funds of 35 private funds | adviserinfo.sec.gov |
| 18. Macquarie Infrastructure Partners | New York, NY | $43.3 billion | 60 PE funds of 60 private funds | adviserinfo.sec.gov |
| 19. ICG Investments Inc | New York, NY | $40.1 billion | 42 PE funds of 67 private funds | adviserinfo.sec.gov |
| 20. D1 Capital Partners L.P. | New York, NY | $39.4 billion | 24 PE funds of 25 private funds | adviserinfo.sec.gov |
| 21. Blackstone Tactical Opportunities Advisors L.L.C. | New York, NY | $39 billion | 103 PE funds of 103 private funds | adviserinfo.sec.gov |
| 22. Blackstone Alternative Credit Advisors LP | New York, NY | $35 billion | 85 PE funds of 87 private funds | adviserinfo.sec.gov |
| 23. BlackRock Alternatives Management, LLC | New York, NY | $33 billion | 53 PE funds of 82 private funds | adviserinfo.sec.gov |
| 24. New Mountain Capital, LLC | New York, NY | $31.2 billion | 14 PE funds of 14 private funds | adviserinfo.sec.gov |
| 25. TJC LP | New York, NY | $30.8 billion | 48 PE funds of 48 private funds | adviserinfo.sec.gov |
Blackstone fills four of these rows, because it files under four advisers: Blackstone Management Partners, Blackstone Private Credit Strategies, Blackstone Tactical Opportunities Advisors and Blackstone Alternative Credit Advisors. We don't combine them. Each evidence link opens the adviser's Form ADV record on the SEC's Investment Adviser Public Disclosure site.
Being listed is not an endorsement, and none of these firms is connected to nodilist.
How we rank New York
City
We count main offices whose city is filed on Form ADV as New York, New York City or NYC, with the state New York. In practice these are mostly Manhattan addresses. Offices filed under Brooklyn or another borough's name are not in the count or the table, and neither are Westchester and Long Island.
Count
The city count takes every adviser in the register with such an office, whether or not private equity is most of its business.
Table
The table takes only focused advisers, whose private equity funds are at least half of the private funds they report, and orders them by their exact filed gross private-fund assets.
Same rules as the national ranking
Suspect filings and residence-flagged offices are out, and each row is one SEC filer. The national ranking sets out the full method.
What kind of firms lead in New York
All 25 New York firms also appear in the national top 100, and Kohlberg Kravis Roberts & Co. L.P. leads both tables. Five of the national top ten are in this table: KKR, HPS Investment Partners, Blackstone Management Partners, Coatue Management and General Atlantic Service Company.
Fewer than half of the 25 report only private equity funds. Most also report private funds of another type, and those count toward the measure. Judging by the names alone, the table holds:
- Credit managers. Two Blackstone rows carry "credit" in their names. HPS Investment Partners reports many private funds of other types beside its private equity funds.
- Infrastructure managers. Global Infrastructure Management and Macquarie Infrastructure Partners.
- Growth and crossover investors. Coatue, Tiger Global and D1 Capital, which pass the focus rule because at least half of their private funds are filed as private equity funds.
- Secondaries. Lexington Partners describes itself as a manager of "secondary private equity and co-investment funds", and Strategic Partners Fund Solutions and AlpInvest also rank.
We read these groupings from firm names, fund counts and one firm's own description, not from fund-level strategy data. Form ADV counts any private fund without ordinary redemption rights that isn't a hedge, liquidity, real estate, securitized asset or venture capital fund as private equity, which is why lending and infrastructure managers show up here.
What the New York ranking doesn't show
- Firms with a New York office but a main office elsewhere. Form ADV gives one main office per adviser, so a Boston or Greenwich firm with a large Manhattan team is not here.
- The outer boroughs and suburbs. They fall outside the city definition above.
- Capital raised, fund size, returns or deal count. Gross assets include uncalled commitments and every private fund the adviser reports.
- A city total. We publish no sum of the table, because funds that invest in other funds report the same assets as the funds they hold.
Looking for the private equity firm list?
The private equity firm list covers every adviser that reports a private equity fund, in New York and every other state, with one row per firm. Its page shows the counts by state, and you can order the New York file or the whole country there.
Private equity firm listSources
- SEC, Information About Registered Investment Advisers and Exempt Reporting Advisers, Form ADV data files ia100226.zip and ia100226-exempt.zip (file of 2026-10-02), https://www.sec.gov/data-research/sec-markets-data/information-about-registered-investment-advisers-exempt-reporting-advisers (accessed 2026-10-04)
- SEC, Investment Adviser Public Disclosure, firm summary pages (one per ranked adviser, linked by CRD number in the table), https://adviserinfo.sec.gov/ (accessed 2026-10-04)
- SEC, Form ADV Part 1A, Item 7.B and Schedule D Section 7.B.(1), https://www.sec.gov/about/forms/formadv-part1a.pdf (accessed 2026-10-04)
- Lexington Partners, home page, https://www.lexingtonpartners.com/ (accessed 2026-10-04)