Three Cities Research

Three Cities Research is a private equity firm based in New York City that was founded in 1976. The firm specialized in middle-market buyouts and recapitalizations, targeting companies with established market positions across diverse sectors such as industrial manufacturing, consumer goods, and healthcare services. While Three Cities Research maintained a portfolio that included healthcare-related investments, it operated as a financial investment entity rather than a biotechnology or pharmaceutical development company. The firm was known for its long-term investment approach, often holding portfolio companies for significantly longer periods than the industry average. Currently, the firm is considered inactive, as it has wound down its primary investment operations and dissolved its main corporate structure.