# LS Power Equity Advisors, LLC

> 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.

- CRD: 158272
- Filed as: LS POWER EQUITY ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: April 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/158272
- AdvisorCensus page: https://advisorcensus.com/firm/ls-power-equity-advisors-llc-new-york-ny-158272

## Quick answers

**How is LS Power Equity Advisors, LLC compensated?**
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.

**Where is LS Power Equity Advisors, LLC located?**
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).

**Is LS Power Equity Advisors, LLC registered with the SEC or a state?**
LS Power Equity Advisors, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 158272.

**How much does LS Power Equity Advisors, LLC manage?**
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).

**How have LS Power Equity Advisors, LLC's assets and staff changed since 2021?**
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.

**What types of clients does LS Power Equity Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (22).

**Does LS Power Equity Advisors, LLC report any disciplinary disclosures?**
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

**What changed in LS Power Equity Advisors, LLC's recent Form ADV filings?**
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).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $12,642,968,122
- Discretionary: $12,642,968,122
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 22 | $12,642,968,122 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 224 total, 121 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MO, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Chesterfield, MO
- East Brunswick, NJ
- New York, NY
- San Diego, CA

### Websites listed on Form ADV (Item 1.I)
- lspower.com
- Facebook @LSPowerGroup
- LinkedIn @ls-power
- X @lspowergroup

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $5,987,133,599 | 272 | April 28, 2021 |
| October 2022 | $6,951,069,658 | 173 | April 27, 2022 |
| October 2023 | $6,458,181,987 | 179 | April 26, 2023 |
| October 2024 | $8,996,276,849 | 211 | April 24, 2024 |
| October 2025 | $12,422,324,399 | 258 | May 1, 2025 |
| October 2026 | $12,642,968,122 | 224 | April 30, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 139 to 121.
- Updated its list of owners and control persons (Schedule A).

### November 2025
- Added an office in New York, NY.
- Added an office in San Diego, CA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. LS Power Equity Advisors, LLC (CRD 158272): Form ADV filing data as of October 2026.