Renovated Manhattan Skyscraper Adds New Finance Firm as Tenant

Junto Capital Management is moving from its offices on Park Avenue into a newly renovated tower owned by the Olayan Group.

550 Madison Ave. in New York.Photographer: Alex Fradkin
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Junto Capital Management, an investment firm led by James Parsons who worked at Viking Global Investors for almost a decade, is moving into offices at 550 Madison Ave., a recently renovated Manhattan tower that’s drawn firms seeking new space in the city.

The money manager will take 25,000 square feet (2,300 square meters) on the tower’s 33rd floor as it relocates from its current spot at 450 Park Ave., according to a statement Monday.