Ls Power Equity Advisors, LLC (New York)

Name: Ls Power Equity Advisors, LLC
Address: 1700 Broadway, New York, NY, 10019 5905
Telephone: 212-615-3456

Ls Power Equity Advisors, LLC is a large advisory firm based in New York. It manages $5.19 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Ls Power Equity Advisors provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ls Power Equity Advisors: assets under management

The assets under management (AUM) of Ls Power Equity Advisors, LLC is $5.19 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.19 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $370.92 million each.

Ls Power Equity Advisors has custody of $5.19 billion in cash and securities for 14 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ls Power Equity Advisors, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ls Power Equity Advisors serves?

The only and largest group of clients of Ls Power Equity Advisors is pooled investment vehicles with 14 clients and $5.19 billion of assets under management. Among the 11 most similar advisory firms, Ls Power Equity Advisors has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.19 billion for 14 clients. None of the firm’s clients are foreign persons or businesses.

Ls Power Equity Advisors also advises several private funds. Namely, six private equity funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Ls Power Equity Advisors, LLC

The company employs 179 people that are either part- or full-time employees. 18 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Darpan Subhash Kapadia	Managing director - ls power equity advisors, llc	1 Jul 2004	Other	4263051
Mark (Nmn) Brennan	Treasurer - ls power equity advisors, llc	1 Jul 2004	Other	5913727
Jobey Lynn Eddleman	Assistant treasurer - ls power equity advisors, llc	1 Jul 2004	Other	5913737
James Theodore Bartlett	President - ls power equity advisors, llc	1 May 2005	Other	1981963
Paul (Nmn) Segal	President - lsp credit advisors i, llc, relying adviser	1 Feb 2008	Other	2935393
James Theodore Bartlett	Executive vice president - lsp credit advisors i, llc, relying adviser	1 Feb 2008	Other	1981963
David Graig Nanus	Managing director - lsp credit advisors i, llc, relying adviser	1 Feb 2008	Other	4433779
Darpan Subhash Kapadia	Managing director - lsp credit advisors i, llc, relying adviser	1 Feb 2008	Other	4263051
Mark (Nmn) Brennan	Treasurer - lsp credit advisors i, llc, relying adviser	1 Feb 2008	Other	5913727
Jobey Lynn Eddleman	Assistant treasurer - lsp credit advisors i, llc, relying adviser	1 Feb 2008	Other	5913737
Llc Lsp Generation Iv	Member/owner - ls power equity advisors, llc	1 Feb 2012	75% - 100%	45-4469089
David Graig Nanus	Executive vice president - ls power equity advisors, llc	1 Feb 2012	Other	4433779
John (Nmn) Staikos	Secretary - ls power equity advisors, llc	1 Feb 2012	Other	5913739
Jeffrey Paul Wade	Chief compliance officer - ls power equity advisors, llc & lsp credit advisors i, llc, relying adviser	1 Feb 2012	Other	3137712
Ronald Wilson Fischer	Secretary - lsp credit advisors i, llc, relying adviser	1 Feb 2012	Other	6028722
Shimon Bezalel Edelstein	Executive vice president, tax - ls power equity advisors, llc & lsp credit advisors i, llc, relying adviser	1 Jan 2013	Other	6162143
Daniel Yehuda Wise	Director, tax - ls power equity advisors, llc & lsp credit advisors i, llc, relying adviser	1 Jan 2013	Other	6162145
Joseph Esteves	Executive vice president	1 Jan 2015	Other	xxx-xx-xxxx
Joseph David Esteves	Executive vice president	1 Jan 2015	Other	1574288
Jennifer Rosiak Neill	Senior vice president	1 Sep 2017	Other	4298538
Carolyne Murff	Vice president	1 Feb 2018	Other	7085708

Indirect Owners

The SEC currently registers 10 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Radion (Nmn) Segal	Trustee	1 Apr 2011	25% - 50%	5913719
L.P. Ls Power Associates	Member/owner	1 Feb 2012	75% - 100%	22-3783102
L.P. Ls Power Capital	General partner/owner	1 Feb 2012	75% - 100%	45-4472935
L.P. Segal Capital Iv	General partner/owner	1 Feb 2012	50% - 75%	45-4473003
Village Drive 2012 Trust	Limited partner/owner	1 Feb 2012	25% - 50%	45-6742705
Radion (Nmn) Segal	Trustee	1 Feb 2012	25% - 50%	5913719
Rustic 2011 Trust	Limited partner/owner	1 Feb 2012	25% - 50%	45-6232445
Granite 2012 Ps Trust	Lp/owner	1 May 2012	25% - 50%	38-7041006
Theodore Zellie Segal	Trustee	1 May 2012	Other	6179705
Jenna Bari Segal	Trustee	1 May 2012	Other	6179706

Based in New York

The principal office where Ls Power Equity Advisors, LLC performs its advisory services is located at 1700 Broadway, New York, NY 10019 5905, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-615-3456 or by fax 212-615-3440. The normal business hours are 9 am - 6 pm on Monday - Friday. You can find more information about the New York firm at lspower.com and its LinkedIn profile.