Park Hill Group: World's Largest PE Placement Agent

Profile of Park Hill Group, the world's largest private equity placement agent, including capabilities, LP network, fee structures, and client selection criteria.

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Park Hill Group: World's Largest PE Placement Agent

Park Hill Group (PJT Partners)

Park Hill Group operates as the placement agent arm of PJT Partners and stands as the world's largest and most influential private equity placement agent. Since its founding in 2006, Park Hill has raised over $500 billion in capital for alternative asset managers globally.

Overview

  • Parent Company: PJT Partners (NYSE: PJT)
  • Founded: 2006
  • Headquarters: New York, NY
  • Global Offices: London, Hong Kong, San Francisco, Boston
  • Team Size: 100+ placement professionals
  • Capital Raised: $500B+ since inception

Specializations

Park Hill provides placement services across all major alternative asset classes:

  • Private Equity: Buyout, growth equity, venture capital
  • Real Estate: Core, value-add, opportunistic strategies
  • Infrastructure: Energy, transportation, utilities
  • Credit: Direct lending, distressed, special situations
  • Hedge Funds: Long/short equity, macro, credit strategies

LP Network

Park Hill maintains relationships with over 2,000 institutional limited partners worldwide, including:

  • Sovereign wealth funds
  • Public and corporate pension funds
  • Insurance companies
  • Endowments and foundations
  • Family offices
  • Fund of funds

Notable Clients

Park Hill has represented many of the world's largest alternative asset managers:

  • Apollo Global Management
  • KKR & Co.
  • Blackstone (various funds)
  • Carlyle Group
  • TPG Capital
  • Vista Equity Partners

Fee Structure

  • Success Fees: 1.5-2.5% of capital raised
  • Minimum Fund Size: Typically $500M+
  • Retainer Model: Available for select mandates
  • Target Clients: Established institutional-quality managers

Competitive Advantages

Scale and Resources

  • Largest placement agent team globally
  • Multi-strategy capabilities
  • Global office presence
  • Integration with PJT Partners' broader advisory platform

LP Relationships

  • Deepest LP network in the industry
  • Senior-level relationships with major institutions
  • Track record accessing largest commitments globally

Market Intelligence

  • Comprehensive fundraising market data
  • Competitive landscape insights
  • Terms and market positioning expertise

Selection Considerations

Park Hill is best suited for:

  • Established fund managers (Fund III+)
  • Large fundraises ($500M+)
  • Mainstream strategies with broad LP appeal
  • Managers requiring global LP coverage
  • Situations where market-leading brand signals quality

The firm may be less appropriate for:

  • First-time or emerging managers
  • Smaller fund sizes (under $300M)
  • Highly specialized niche strategies
  • Managers seeking boutique-style senior partner attention

Conclusion

Park Hill Group's position as the world's largest placement agent reflects its unmatched LP network, track record, and resources. For established managers raising substantial capital, Park Hill offers the scale, relationships, and brand positioning to maximize fundraising success.