{
  "crd_number": 158164,
  "slug": "leonard-green-and-partners-l-p-los-angeles-ca-158164",
  "primary_business_name": "LEONARD GREEN & PARTNERS, L.P.",
  "legal_name": "LEONARD GREEN & PARTNERS, L.P.",
  "dbas": [],
  "city": "Los Angeles",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2012-03-30",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 85597789230.0,
  "raum_discretionary": 85597789230.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 96,
  "advisory_employees": 57,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 85597789230.0,
      "count": 117
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA"
  ],
  "websites": [
    "https://leonardgreen.com",
    "https://linkedin.com/company/leonard-green"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/158164",
  "city_as_filed": "LOS ANGELES",
  "url": "https://advisorcensus.com/firm/leonard-green-and-partners-l-p-los-angeles-ca-158164",
  "display_name": "Leonard Green & Partners, L.P.",
  "summary": "Leonard Green & Partners, L.P. is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Leonard Green & Partners, L.P. (CRD 158164): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Leonard Green & Partners, L.P. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Leonard Green & Partners, L.P. reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is Leonard Green & Partners, L.P. located?",
      "a": "Leonard Green & Partners, L.P.'s principal office is in Los Angeles, CA, according to its Form ADV."
    },
    {
      "q": "Is Leonard Green & Partners, L.P. registered with the SEC or a state?",
      "a": "Leonard Green & Partners, L.P. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 158164."
    },
    {
      "q": "How much does Leonard Green & Partners, L.P. manage?",
      "a": "Leonard Green & Partners, L.P. reports $85,597,789,230 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Leonard Green & Partners, L.P.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Leonard Green & Partners, L.P.: Regulatory assets under management: $52,576,947,864 in the October 2021 data and $85,597,789,230 in the October 2026 data, up 63%. Total employees: 69 in October 2021 and 96 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Leonard Green & Partners, L.P. serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (117)."
    },
    {
      "q": "Does Leonard Green & Partners, L.P. report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/158164"
    },
    {
      "q": "What changed in Leonard Green & Partners, L.P.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 53 to 57. Regulatory assets under management went from $75,013,953,069 to $85,597,789,230 (+14%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 52576947864.0,
      "total_employees": 69,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 58783837239.0,
      "total_employees": 71,
      "filing_date": "2022-09-13"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 69749207798.0,
      "total_employees": 83,
      "filing_date": "2023-04-03"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 77831733868.0,
      "total_employees": 87,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 75013953069.0,
      "total_employees": 96,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 85597789230.0,
      "total_employees": 96,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 53 to 57.",
        "Regulatory assets under management went from $75,013,953,069 to $85,597,789,230 (+14%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/leonard-green-and-partners-l-p-los-angeles-ca-158164.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 117,
      "fewer_than_5": false,
      "raum": 85597789230.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/158164",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}
