# Newlight Partners LP

> Newlight Partners LP is an SEC-registered investment advisory firm in New York, NY, registered since 2018, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 19, 2026.

- CRD: 296190
- Filed as: NEWLIGHT PARTNERS LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: May 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/296190
- AdvisorCensus page: https://advisorcensus.com/firm/newlight-partners-lp-new-york-ny-296190

## Quick answers

**How is Newlight Partners LP compensated?**
On its Form ADV (Item 5.E, October 2026), Newlight Partners LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Newlight Partners LP located?**
Newlight Partners LP's principal office is in New York, NY, according to its Form ADV.

**Is Newlight Partners LP registered with the SEC or a state?**
Newlight Partners LP is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 296190.

**How much does Newlight Partners LP manage?**
Newlight Partners LP reports $1,324,684,000 in regulatory assets under management in its Form ADV filing dated May 19, 2026 (100% discretionary).

**How have Newlight Partners LP's assets and staff changed since 2021?**
In the Form ADV data for Newlight Partners LP: Regulatory assets under management: $5,773,215,615 in the October 2021 data and $1,324,684,000 in the October 2026 data, down 77%. Total employees: 29 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Newlight Partners LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).

**Does Newlight Partners LP 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/296190

**What changed in Newlight Partners LP's recent Form ADV filings?**
In the June 2026 filing data: 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: $1,324,684,000
- Discretionary: $1,324,684,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $1,324,684,000 |

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

### Firm details
- Registered since: 2018 (8 years)
- Employees: 19 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- newlightpartners.com
- LinkedIn @newlight-partners-lp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $5,773,215,615 | 29 | March 30, 2021 |
| October 2022 | $4,628,656,252 | 38 | March 30, 2022 |
| October 2023 | $3,467,980,636 | 36 | March 24, 2023 |
| October 2024 | $2,607,488,782 | 33 | March 14, 2024 |
| October 2025 | $1,863,523,000 | 23 | July 1, 2025 |
| October 2026 | $1,324,684,000 | 19 | May 19, 2026 |

Regulatory assets under management: $5,773,215,615 in the October 2021 data and $1,324,684,000 in the October 2026 data, down 77%.
Total employees: 29 in October 2021 and 19 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 19 to 14.
- Regulatory assets under management went from $1,863,523,000 to $1,324,684,000 (-29%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Newlight Partners LP (CRD 296190): Form ADV filing data as of October 2026.