GoldPoint Partners — a private equity investment arm of New York Life Insurance Company — is moving.
GoldPoint has signed a 15-year lease with Fisher Brothers for 29,768 square feet of office space at 299 Park Ave. in Manhattan, in New York.
The private equity firm will occupy the entire 37th floor of the Plaza District tower. A source close to the transaction told ThinkAdvisor’s sister publication, GlobeSt.com, that the asking rent was more than $90 per square foot.
The firm which is an affiliate of New York Life Investment Management and subsidiary of New York Life, plans to relocate in the second quarter of 2019. The firm now has its offices at 51 Madison Ave.
GoldPoint manages about $13 billion in private equity assets on behalf of pension funds, endowments, financial institutions and high net-worth investors.
A team from New York Life’s investment division formed the nucleus of GoldPoint in 1991. The firm took its current name in 2012.