Top 10 States for Private Equity Firms
More than 80% of U.S. private equity firms are located in just 10 states, with the largest concentration of firms in New York, California and Illinois.
The table below shows the top 15 states for private equity firms.
- New York = 23.3%
- California = 18.8%
- Illinois = 9.4%
- Texas = 8.8%
- Connecticut = 6.5%
- Massachusetts = 5.9%
- Florida = 4.5%
- Pennsylvania = 4.2%
- New Jersey = 3.7%
- Georgia = 3.2%
- Ohio = 3.0%
- Colorado = 2.7%
- North Carolina = 2.5%
- Virginia = 2.4%
- Michigan = 2.0%
While the private equity firms themselves are fairly geographically concentrated, it’s interesting to note that their portfolio companies are a little more dispersed.
(Sample Size: 1,000+ private equity firms, 10,000+ portfolio companies)
Source: Private Equity Info