Top Private Equity Firms & Locations (2024)

Private equity firms are some of the most sought-after employers for those looking to build careers oriented around financial analysis and investing. Private equity firms are located all across the United States, and there are many of them. Many top firms will have multiple locations across the U.S. and major cities around the globe.

So, how do you know which firms to target? What are the top PE firms in XYZ city? If you’re ready to explore your options for private equity firms, we’ve got you covered. In this article, we’ll take a look at the top private equity firms across twelve major U.S. cities.

Before we get to the list, let’s discuss how a top private equity firm earns its “top” moniker. The most important metric in this discussion is a firm’s value of assets under management. Top PE firms have billions of dollars in assets and, at the end of the day, firms that handle the most money have the most influence – and the most jobs available. Now, let’s get started with our list of the top PE firms in the U.S.

Private Equity Firms Dallas

The two biggest private equity firms Dallas has to offer are TPG and Lone Star Funds.

TPG Capital (Fort Worth)

TPG is a private equity investment firm that manages over $120B in assets. The Fort Worth headquarters is the center of activity for this global behemoth. Founded in 1992, TPG Capital focuses their efforts on leveraged buyouts and growth capital.

Lone Star Funds

This PE firm represents Texas with pride. The private equity firm focuses on distressed assets in North America, Europe, and Japan.

Private Equity Firms Chicago

When talking about private equity firms in Chicago, the two biggest are Thoma Bravo and Bain Capital.

Thoma Bravo

Thoma Bravo is a private equity firm with three U.S. locations that focuses on investments and private credit funds. The company has amassed over $100B in assets under management. Currently, just over 110 employees work for the firm.

Bain Capital

Bain is a world-renowned private equity firm with headquarters in Boston, MA. With over 1,000 employees and $160 billion in assets under management, Bain is a force in the world of PE.

Private Equity Firms Boston

The largest private equity firms in the Boston area are Blackstone and, once again, Bain Capital.

Blackstone Inc.

Blackstone is the largest private equity firm in the world, with $900+ billion in assets under management. That’s almost a trillion dollars! Blackstone focuses on real estate, hedge funds, PE, credit and insurance. CEO and founder Stephen A. Schwarzman has become one of the wealthiest men in the world through Blackstone.

Bain Capital

see Chicago

Private Equity Firms Houston

Blackstone and KKR headline the top two private equity firms in Houston.

Blackstone, Inc.

see Boston

KKR

KKR is a top private equity firm with close to $500B in assets under management. The company’s 1,600 employees can work at office locations in 21 cities across 16 countries worldwide. KKR is often considered the 2nd most prestigious PE firm in the world.

Private Equity Firms NYC

There are many private equity firms in NYC, a financial capital of the world. The two biggest private equity firms NYC has to offer are Blackstone and KKR. Both firms are headquartered in NYC.

Blackstone, Inc.

See Boston

KKR

See Houston

Private Equity Firms Atlanta

The top two private equity firms in Atlanta are H.I.G. and Roark.

H.I.G. Capital LLC

HIG is a private equity firm that invests in small and mid-sized companies. Founded in 1993, the firm claims around $48 billion in assets under management.

Roark Capital Group

Roark Capital touts $33 billion in assets under management. Founded in 2001, Roark has ~100 employees that work with middle-market companies, namely in the food & restaurant, health and wellness, and business services industries. Roark is based in Atlanta.

Private Equity Firms Denver

For private equity, opportunities in Denver are not as extensive as other major cities. That said, there are still promising roles. The two biggest private equity firms in Denver are Platte River and Excellere Partners.

Platte River Equity

Platte River Equity was founded in 2005. The young firm has a modest $1.3 billion in assets under management. The firm focuses on lower middle-market companies for investment.

Excellere Partners

This PE firm specializes in partnering with management teams and entrepreneurs in industries such as energy, healthcare, industrial technology, and more. The $1.36 billion in assets under management makes it the largest private equity firm in Denver, but not by much.

Top Private Equity Firms & Locations (1)

Resume + Cover Letter Edits

  • 2 Rounds of Edits each on 1 Resume and 1 Cover Letter
  • Digital pass: 24 templates, 5 e-books
Learn More

$500Add to cart

Top Private Equity Firms & Locations (2)

Black Belt

  • 8 hours 1:1 Zoom sessions with MBB coach of your choice
  • All Access Pass: 600+ cases, 10K+ math/structure drills, 9 video courses, 18 chatbot cases
  • 2 Rounds of Edits each on 1 Resume and 1 Cover Letter
  • 1 Year Membership to MC Community
Learn More

$2050

17 Spots Remaining

Add to cart

Private Equity Firms in San Francisco

PE firms in San Francisco are plentiful. The top private equity firms in San Francisco are familiar names: Blackstone and KKR. These two begin an extensive list of firms that call the Bay Area home.

Blackstone, Inc.

See Boston

KKR

See Houston

Private Equity Firms Miami

The two biggest private equity firms Miami has to offer are Blackstone and Carlyle.

Blackstone, Inc.

See Boston

Carlyle

Carlyle is a multinational private equity firm founded in 1987. The firm focuses on leveraged buyouts, growth capital, energy, structured credit, and real estate. Carlyle boasts $325 billion in assets under management, and has over 1,900 employees.

Private Equity Firms Los Angeles

When it comes to private equity in Los Angeles, Blackstone and Carlyle are the biggest names in the area. Opportunities in Los Angeles PE are extensive and certainly extend beyond these two firms.

Blackstone, Inc.

See Boston

Carlyle

See Miami

Austin Private Equity Firms

Private equity in Austin, Texas is growing quickly, but it’s nowhere near the size or impact of PE firms in NYC, Chicago, or the like. Private equity firms in Austin are generally smaller than in major cities, making them less competitive for entry level positions. But, of the various Austin private equity firms, Blue Sage and CenterGate are the biggest and best.

Blue Sage Capital

This Austin-based private equity firm has over $400 million in assets under management. The firm claims growth, buyout financings, and recapitalization of small middle-market companies as its focus areas.

CenterGate Capital

CenterGate focuses its private equity operations on lower to middle market companies. Industries served included business services, technology, and healthcare.

Private Equity Firms in Philadelphia

PE in Philadelphia, like in Austin, is smaller-scale than many other cities on the list. The private equity firms in Philadelphia may not be as nationally-recognized as some of the others on this list, but nonetheless, they represent good landing spots for candidates looking to land their first PE role.

Hamilton Lane

Hamilton Lane is an alternative private equity firm. The firm has $850+ billion in assets under management and supervision.

LLR Partners

This lower middle market private equity firm focuses on the industries of education, fintech, healthcare, software, security, and industrial tech.

Conclusion

If you’re looking to break into PE, it’s hard to go wrong with any of the firms on this list. The private equity firms here comprise most if not all of the heavy hitters in the industry. Work with our team to prepare for the private equity interview process.

Additional Resources:

  • Top 25 Consulting Firms
  • Top 10 Boutique Consulting Firms in US
  • Consulting Resume: Complete Guide
  • Case Interview: Complete Prep Guide
Top Private Equity Firms & Locations (2024)

FAQs

Top Private Equity Firms & Locations? ›

The four largest publicly traded private equity firms are Apollo Global Management (APO), The Blackstone Group (BX), The Carlyle Group (CG), and KKR & Co. (KKR).

What are the big 4 private equity firms? ›

How Private Equity Works
RankPrivate equity firmMoney Raised Over Five Years
1Blackstone Inc. (ticker: BX)$125.6 billion
2KKR & Co. Inc. (KKR)$103.7 billion
3EQT AB (OTC: EQBBF)$101.7 billion
4Thoma Bravo LLC$74.1 billion
6 more rows
Feb 22, 2024

What is the most prestigious private equity firm? ›

Blackstone Group

What are the big three PE firms? ›

The four largest publicly traded private equity firms are Apollo Global Management (APO), The Blackstone Group (BX), The Carlyle Group (CG), and KKR & Co. (KKR).

Which is bigger KKR or Blackstone? ›

Largest private equity firms by PE capital raised

Each year Private Equity International publishes the PEI 300, a ranking of the largest private-equity firms by how much capital they have raised for private-equity investment in the last five years. In the 2023 ranking, Blackstone Inc. regained top spot back from KKR.

How much does a VP in private equity make? ›

Private Equity Vice President Salary in California
Annual SalaryWeekly Pay
Top Earners$241,298$4,640
75th Percentile$187,500$3,605
Average$143,004$2,750
25th Percentile$113,500$2,182

Is BlackRock a private equity firm? ›

Private equity is a core pillar of BlackRock's alternatives platform. BlackRock's Private Equity teams manage USD$41.9 billion in capital commitments across direct, primary, secondary and co-investments.

What is the highest salary in private equity? ›

Private Equity Associate salary in India ranges between ₹ 3.0 Lakhs to ₹ 45.0 Lakhs with an average annual salary of ₹ 11.1 Lakhs. Salary estimates are based on 138 latest salaries received from Private Equity Associates. 0 - 5 years exp.

What are top salaries in private equity? ›

Private Equity Managing Director Salary + Bonus: Compensation here is highly variable, but a reasonable range is $700K to $2 million, with slightly less than half from the base salary. “Senior Partners” will earn more if the firm makes the distinction.

Why are people in private equity so rich? ›

Private equity owners make money by buying companies they think have value and can be improved. They improve the company or break it up and sell its parts, which can generate even more profits.

Who is the most popular PE? ›

Top 20 Private Equity Firms in India [Most Active in 2024]
  • Sequoia Capital India.
  • Accel Partners.
  • Matrix Partners.
  • SAIF Partners.
  • Lightspeed India Partners.
Jan 2, 2024

What is the richest investment firm in the world? ›

BlackRock, Inc. is an American multinational investment company. It is the world's largest asset manager, with $10 trillion in assets under management as of December 31, 2023. Headquartered in New York City, BlackRock has 78 offices in 38 countries, and clients in 100 countries.

How prestigious is KKR? ›

KKR is one of the oldest and most prominent private equity investors in the world and is often credited with popularizing the leveraged buyout as an investing strategy. KKR was founded in 1976 and led the famous leveraged buyout of RJR Nabisco in the late 80s.

Who pays more Blackstone or KKR? ›

Salaries. Of the top 3 common jobs between the two companies, The Blackstone Group salaries averaged $1,044 higher than KKR.

Who is Blackstone's biggest competitor? ›

The Blackstone Group competitors include BlackRock, Goldman Sachs and The Carlyle Group.

Why is KKR so good? ›

We take enormous pride in our one-firm approach, operating proactively and collaboratively across businesses and geographies to achieve the best possible results. We continually look to help one another and work together towards common goals.

What is the most prestigious Big 4 firm? ›

Prestige. In general, PwC and Deloitte are considered the most prestigious of the Big 4. If you ask most people about prestige, they'll probably rank PwC/Deloitte > EY > KPMG. This is reflected in pricing, for example.

Is Deloitte a private equity? ›

Deloitte is the market leader in helping private equity firms and portfolio companies navigate complex challenges and environments to accelerate value.

Is KPMG a private equity? ›

KPMG's Private Equity Practice

As a leader in serving private equity firms, we combine a global perspective and in-depth industry knowledge to be a meaningful value-added partner to our private equity clients and their portfolios with an array of service capabilities.

Are BlackRock and Blackstone related? ›

Founded in 1985, both companies fell under an umbrella company called Blackstone Financial Management, a mergers and acquisitions company. In 1988, BlackRock separated from the parent company and focused on risk management. Today, they're now completely separate companies with different offerings.

Top Articles
Latest Posts
Article information

Author: Greg Kuvalis

Last Updated:

Views: 5942

Rating: 4.4 / 5 (55 voted)

Reviews: 86% of readers found this page helpful

Author information

Name: Greg Kuvalis

Birthday: 1996-12-20

Address: 53157 Trantow Inlet, Townemouth, FL 92564-0267

Phone: +68218650356656

Job: IT Representative

Hobby: Knitting, Amateur radio, Skiing, Running, Mountain biking, Slacklining, Electronics

Introduction: My name is Greg Kuvalis, I am a witty, spotless, beautiful, charming, delightful, thankful, beautiful person who loves writing and wants to share my knowledge and understanding with you.