Matrix Co-Founder Buys $19M NYC Apartment

Mar 4 2014 | 9:27am ET

Matrix Capital Management had a banner year in 2013, and co-founder David Goel is celebrating with a new pied-a-terre.

Goel paid $19 million for a three-bedroom apartment on New York’s Fifth Avenue. The residence spans the building’s sixth floor and features a library, two fireplaces and “his and hers ensuite marble-clad baths.”

Goel bought the apartment from Seagram Co. heir Charles Bronfman. He had sought $19.9 million for the place. Bronfman paid $21 million for it in 2010.

The building is at Fifth Avenue and 62nd Street.

Matrix returned 56% through October last year, and 20% in 2012.


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Versum Materials (VSM), with a market capitalization of $2.7 billion, enables chipmakers to achieve higher performance at lower cost with enhanced reliability. Versum is a leading global provider of electronic materials for the integrated circuit and flat-panel display markets.