Ls Power Equity Advisors, Llc
SEC-registered
Private Fund Manager · Large ($10B–$100B)
CRD 158272
· SEC file 801-74052
· New York, NY
· www.facebook.com
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ADV data as of Apr 30, 2026
- Regulatory AUM
- $12.6B
- Discretionary
- $12.6B
- Clients
- 22
- Avg AUM / client
- $575M
- Accounts
- 22
- Employees
- 224
AUM over time
$3.4B
$12.6B
Dec 2011
Dec 2025
Annual snapshots from Form ADV filings · as of Apr 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 22 | $12.6B | 100.0% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of Apr 2024 · $9.0B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Ls Power Equity Partners Iii, L.P. master | Private Equity Fund | Delaware | $3.2B | 176 |
| Ls Power Equity Partners Iv, L.P. master | Private Equity Fund | Delaware | $3.0B | 162 |
| Ls Power Equity Partners V, L.P. master | Private Equity Fund | Delaware | $2.3B | 132 |
| Ls Power Equity Partners Iv Aiv, L.P. master | Private Equity Fund | Delaware | $598M | 162 |
People (20)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Segal, Mikhail | Manager Of Segal Management, Llc And Ls Power Development, Llc | Jan 2001 (26y) | GP / trustee / elected manager of Ls Power Development, Llc (indirect) | |
| Kapadia, Darpan, Subhash | Executive Vice President | Jul 2004 (22y) | Less than 5% | |
| Nanus, David, Graig | President | Feb 2012 (15y) | Less than 5% | |
| Staikos, John, (Nmn) | Managing Director, General Counsel & Secretary | Feb 2012 (15y) | Less than 5% | |
| Wade, Jeffrey, Paul | Chief Compliance Officer | Feb 2012 (15y) | Less than 5% | |
| Edelstein, Shimon, Bezalel | Executive Vice President, Tax | Jan 2013 (14y) | Less than 5% | |
| Segal, Paul, (Nmn) | Member/Owner Of Segal Management, Llc And Ls Power Development, Llc | Jan 2013 (14y) | 25% – 50% of Segal Management, Llc (indirect) | |
| Segal, Theodore, Zellie | Member/Owner Of Segal Management, Llc And Ls Power Development, Llc | Jan 2013 (14y) | 25% – 50% of Segal Management, Llc (indirect) | |
| Neill, Jennifer, Rosiak | Chief Financial Officer | Sep 2017 (9y) | Less than 5% | |
| Burke, John, Patrick | Managing Director | Mar 2020 (6y) | Less than 5% | |
| Kim, Ernest, Lee | Managing Director | Mar 2020 (6y) | Less than 5% | |
| Mitchell, Matthew | Managing Director | Mar 2020 (6y) | Less than 5% | |
| Prajapati, Upendra, Pramodchandra | Senior Vice President, Tax | Mar 2020 (6y) | Less than 5% | |
| Roloff, Richard, Charles | Managing Director | Mar 2020 (6y) | Less than 5% | |
| Tansey, James, Scott | Treasurer | Mar 2020 (6y) | Less than 5% | |
| Myers, Joseph, Louis | Senior Vice President | May 2020 (6y) | Less than 5% | |
| Marshall, David, Jan | Senior Vice President & Assistant Secretary | May 2021 (5y) | Less than 5% | |
| Genieczko, Michelle, Denise | Assistant Secretary | Jul 2021 (5y) | Less than 5% | |
| Hanson, Nathan, Erick | Managing Director | Feb 2022 (5y) | Less than 5% | |
| Hammond, Anthony, Charles | Senior Vice President | Aug 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Lsp Generation Iv, Llc | Member/Owner | Feb 2012 | A | 75% or more |
| Ls Power Associates, L.P. | Member/Owner | Feb 2012 | B | ≈ 56.25% – 100% via Lsp Generation Iv, Llc |
| Ls Power Capital, L.P. | Lp/Owner Of Ls Power Associates, L.P. | Feb 2012 | B | ≈ 42.19% – 100% via Ls Power Associates, L.P. |
| Segal Management, Llc | Gp | Dec 2011 | B | GP / trustee / elected manager of Ls Power Capital, L.P. (indirect) |
| Ls Power Development, Llc | Gp Of Ls Power Associates, L.P. | Feb 2001 | B | GP / trustee / elected manager of Ls Power Associates, L.P. (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Ls Power Associates, L.P.: 75% – 100% of Lsp Generation Iv, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Ls Power Capital, L.P.: 75% – 100% of Ls Power Associates, L.P. × 75% – 100% of Lsp Generation Iv, Llc × 75% – 100% direct ≈ 42.19% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (4, $9.0B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Ls Power Equity Partners Iii, L.P. | Private Equity Fund | $3.2B | $10.0M | 176 |
| Ls Power Equity Partners Iv, L.P. | Private Equity Fund | $3.0B | $10.0M | 162 |
| Ls Power Equity Partners V, L.P. | Private Equity Fund | $2.3B | $10.0M | 132 |
| Ls Power Equity Partners Iv Aiv, L.P. | Private Equity Fund | $598M | $10.0M | 162 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/30/2026 | 3.61 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 30, 2026.
View current Form ADV (SEC/IAPD) ↗