# First Manhattan

First Manhattan is a Private Equity based in New York, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** 399 Park Avenue, New York, NY 10022
- **Founded:** 1964
- **Assets under management:** $36B
- **Website:** www.firstmanhattan.com
- **LinkedIn:** https://www.linkedin.com/company/firstmanhattan
- **Wikidata:** Q16993374

## Regulatory record

- **CRD number:** 325281
- **SEC file number:** 801-12411
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/325281

## About

First Manhattan is an SEC-registered investment adviser in NEW YORK, NY, since 1977. The firm manages $38.1 billion in assets, $35.7 billion on a discretionary basis. It has 147 employees and 51 investment advisers.

## Sectors

- Financial Services

## Offices

- Greenwich, CT, United States

## People

- Zachary A. Wydra — Chief Executive Officer, Partner, Portfolio Manager
- Robert W. Gottesman — Executive Chairman, Partner, Portfolio Manager
- Alvaro Spinola — Chief Financial Officer, Chief Operating Officer
- Himayani Puri — Partner, Portfolio Manager, Head of Research
- Sharon Appelman — Senior Managing Director, Wealth Advisor, Co-Head of Wealth Planning
- Christopher Dende — Managing Director, Wealth Advisor, Co-Head of Wealth Planning

## Questions

### Who runs investment decisions at First Manhattan?

Portfolio management is distributed across a partnership of portfolio managers. Himayani Puri serves as Head of Research, overseeing the independent research foundation that informs investment choices. Individual portfolio managers construct and manage client portfolios directly, with no central CIO making allocation decisions across all accounts.

### Does First Manhattan offer pooled funds or only separately managed accounts?

The firm emphasizes separately managed portfolios, with each client at the center of the investment process. There is no mention of commingled mutual funds or pooled private funds on its public materials. The structure is designed for direct ownership of securities by the client.

### What wealth planning services does First Manhattan provide?

The wealth planning group, co-headed by Sharon Appelman and Christopher Dende, offers estate planning, trust services, and a comprehensive view of a client's financial picture. The firm employs professionals with CFP, JD, and LL.M. credentials and has a dedicated Head of Trusts & Estates, Jennifer McCarthy.

### Where does First Manhattan operate?

The firm operates from its headquarters at 399 Park Avenue in New York and maintains an additional office at 80 Field Point Road in Greenwich, Connecticut. Physical mail is only accepted at the New York location.

### How is First Manhattan's research team structured?

The research team is led by Himayani Puri, a partner and portfolio manager. The team includes managing directors and directors listed as research analysts on the firm's website. The firm describes its research as rigorous and independent, forming the foundation of all investment decision-making.

## Related profiles

- [FirstLook Partners](https://altss.com/profile/firstlook-partners)
- [FirstMark Capital](https://altss.com/profile/firstmark-capital)

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Last updated: 2026-07-08T23:12:17.142Z

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