Equinox is primarily owned by The Related Companies, a leading U.S. real estate and investment firm founded by Stephen M. Ross. The company’s day-to-day operations are led by Executive Chairman Harvey Spevak, with key roles held by President Marc Mastronardi and Chief Marketing & Digital Officer Bindu Shah (Equinox Official, Wikipedia). If you want to know exactly who’s behind the global Equinox fitness empire, you’re in the right place!
Understanding the ownership and management structure of Equinox is important for anyone interested in premium gyms, business trends, or luxury wellness. In this article, you’ll get a clear overview of Equinox’s owners, key leadership, recent changes, and what this means for members and investors in 2025.
Who Owns Equinox Gym in 2025?
The Related Companies: The Main Owner
The Related Companies, a powerhouse in real estate development and private investments, holds the controlling stake in Equinox. The company is led by billionaire Stephen M. Ross and has been the majority owner since 2006. Related’s involvement has fueled Equinox’s global expansion and its entry into new luxury ventures, including hotels and digital fitness platforms (Fitt Insider, 2024).
- Related acquired Equinox in 2006, becoming the primary owner.
- Stephen M. Ross, founder and chairman of Related, is one of America’s most influential real estate investors.
- Related’s financial backing has driven Equinox’s transformation into a global wellness brand.
Other Investors: L Catterton and Private Equity
Alongside Related, private equity firm L Catterton became a significant minority investor in Equinox in 2017. Additional financial partners have included firms such as Sixth Street, Silver Lake, Ares Management, and HPS Investment Partners.
This diverse investment mix supports Equinox’s rapid growth and ability to offer cutting-edge facilities for its members (Wikipedia, 2025).
Equinox Leadership: Who Runs Equinox Day to Day?
Harvey Spevak (Executive Chairman & Managing Partner)
Harvey Spevak has been the visionary leader behind Equinox’s rise for nearly two decades. He led the 2006 management buyout and continues to oversee Equinox’s strategy, innovation, and member experience.
Marc Mastronardi (President)
In August 2024, Marc Mastronardi joined Equinox as President. Mastronardi brings extensive retail and operational expertise from his previous roles at Macy’s and other major brands, signaling Equinox’s commitment to luxury service and brand expansion (Health & Fitness Press Release, 2024).
Bindu Shah (Chief Marketing & Digital Officer)
Appointed in June 2025, Bindu Shah is responsible for growing Equinox’s brand awareness, digital experience, and global reach (Marketing Dive, 2025). Her background in luxury brands and tech innovation keeps Equinox at the forefront of the fitness industry.
Ownership History: Key Timeline
- 1991: Founded by the Errico siblings in New York City.
- 2000: Management buyout led by Harvey Spevak, with backing from North Castle Partners and J.W. Childs.
- 2006: The Related Companies, led by Stephen Ross, acquires a controlling stake.
- 2017: L Catterton joins as a major minority investor.
- 2024–2025: New leadership appointments signal continued growth and innovation.
For more historical details, see the Equinox Group Wikipedia page.
How Does Ownership Affect Members & Services?
- Luxury Focus: Related’s deep pockets and vision support premium amenities, high-end design, and innovative wellness experiences.
- Expansion: The company’s real estate connections enable Equinox to open new locations in the world’s top cities.
- Stable Growth: Backing from top private equity firms ensures long-term stability and ongoing investments in technology, staff, and member experience.
Note: Membership fees reflect this luxury positioning, with prices averaging $200–$300/month in major cities and higher for all-access or destination clubs. Always check the official Equinox pricing page for the latest fees and offers.
Recent News: Is Equinox Ownership Changing?
As of July 2025, Equinox remains majority-owned by The Related Companies, with no reported major ownership changes. Private equity involvement supports further expansion rather than shifting control.
Recent leadership hires and a $1.8 billion funding round in late 2024 have reinforced Equinox’s position as the world’s leading luxury fitness brand (Fitt Insider, 2024).
For any breaking updates, refer to the Equinox official newsroom.
Frequently Asked Questions
Who is the CEO of Equinox?
- Harvey Spevak acts as Executive Chairman and Managing Partner. Day-to-day operations are led by President Marc Mastronardi.
Is Equinox a public company?
- No, Equinox is privately held and not listed on public stock exchanges.
Can I invest in Equinox?
- Equinox is not publicly traded. Investments are restricted to private equity and institutional partners.
Where can I find official Equinox policy info?
- Always refer to the Equinox Official Website or Member FAQ for up-to-date company policies and terms.
Conclusion
Equinox is owned by The Related Companies, led by billionaire Stephen M. Ross, with key leadership from Harvey Spevak and an expert executive team. Backed by strategic private equity, Equinox continues to set the standard for luxury fitness worldwide.