{
  "crd_number": 158272,
  "slug": "ls-power-equity-advisors-llc-new-york-ny-158272",
  "primary_business_name": "LS POWER EQUITY ADVISORS, LLC",
  "legal_name": "LS POWER EQUITY ADVISORS, LLC",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2012-03-30",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-04-30",
  "carried_forward": false,
  "raum_total": 12642968122.0,
  "raum_discretionary": 12642968122.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 224,
  "advisory_employees": 121,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 12642968122.0,
      "count": 22
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MO",
    "NY"
  ],
  "websites": [
    "https://facebook.com/LSPowerGroup",
    "https://linkedin.com/company/ls-power",
    "https://lspower.com",
    "https://x.com/lspowergroup"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/158272",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/ls-power-equity-advisors-llc-new-york-ny-158272",
  "display_name": "LS Power Equity Advisors, LLC",
  "summary": "LS Power Equity Advisors, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated April 30, 2026.",
  "citation": "AdvisorCensus. LS Power Equity Advisors, LLC (CRD 158272): 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 LS Power Equity Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), LS Power Equity Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is LS Power Equity Advisors, LLC located?",
      "a": "LS Power Equity Advisors, LLC's principal office is in New York, NY, according to its Form ADV; the May 2026 filing also lists 4 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is LS Power Equity Advisors, LLC registered with the SEC or a state?",
      "a": "LS Power Equity Advisors, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 158272."
    },
    {
      "q": "How much does LS Power Equity Advisors, LLC manage?",
      "a": "LS Power Equity Advisors, LLC reports $12,642,968,122 in regulatory assets under management in its Form ADV filing dated April 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have LS Power Equity Advisors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for LS Power Equity Advisors, LLC: Regulatory assets under management: $5,987,133,599 in the October 2021 data and $12,642,968,122 in the October 2026 data, up 111%. Total employees: 272 in October 2021 and 224 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does LS Power Equity Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (22)."
    },
    {
      "q": "Does LS Power Equity Advisors, LLC 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/158272"
    },
    {
      "q": "What changed in LS Power Equity Advisors, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 139 to 121. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 5987133599.0,
      "total_employees": 272,
      "filing_date": "2021-04-28"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 6951069658.0,
      "total_employees": 173,
      "filing_date": "2022-04-27"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 6458181987.0,
      "total_employees": 179,
      "filing_date": "2023-04-26"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 8996276849.0,
      "total_employees": 211,
      "filing_date": "2024-04-24"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 12422324399.0,
      "total_employees": 258,
      "filing_date": "2025-05-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 12642968122.0,
      "total_employees": 224,
      "filing_date": "2026-04-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 139 to 121.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-11-01",
      "period_label": "November 2025",
      "notes": [
        "Added an office in New York, NY.",
        "Added an office in San Diego, CA."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/ls-power-equity-advisors-llc-new-york-ny-158272.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 22,
      "fewer_than_5": false,
      "raum": 12642968122.0
    }
  ],
  "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/158272",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}