Clients
LS Power Equity Advisors serves 22 clients. The average client has about $575 million with the firm.
- Pooled investment vehicles22 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 22 | $12,642,968,122 | 100.0% | $574.7M |
| Total | 22 | $12,642,968,122 | 100% | $574.7M |
- Clients
- 22
- Regulatory AUM
- $12,642,968,122
- Share
- 100.0%
- Avg. per client
- $574.7M
Total
- Clients
- 22
- Regulatory AUM
- $12,642,968,122
- Share
- 100%
- Avg. per client
- $574.7M
What it does
LS Power Equity Advisors provides portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.
LS Power Equity Advisors advises 9 private funds.
100.0% of assets ($12.64B across 22 accounts) are managed with discretion. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
Custodians
LS Power Equity Advisors has custody of $12.64B for 22 clients.
- All other custodians$12.64B100%
Ownership and leadership
LSP Generation IV, LLC owns 75% or more of LS Power Equity Advisors.
- Owns 75% or more of LS Power Equity Advisors, LLC
LSP Generation IV, LLC
Control person · since February 2012
- Owns 75% or more of LSP Generation IV, LLC
LS Power Associates, L.P.
Control person · since February 2012
- Owns 75% or more of LS Power Associates, L.P.
LS Power Capital, L.P.
Control person · since February 2012
Segal Management, LLC
Gp · Control person · since December 2011
- Owns 25% to 50% of Segal Management, LLC
Paul Segal
Control person · since January 2013
- Owns 25% to 50% of Segal Management, LLC
Theodore Segal
Control person · since January 2013
LS Power Development, LLC
Gp of ls power associates, l.p. · Control person · since February 2001
- Owns 25% to 50% of LS Power Development, LLC
Mikhail Segal
Control person · since January 2001
Leadership
- Anthony HammondSenior Vice President
- Darpan KapadiaExecutive Vice President
- David NanusPresident
- Upendra PrajapatiSenior Vice President, Tax
- John StaikosExecutive Vice President and General Counsel
- Andrew GroffChief Financial Officer, Generation
- Jennifer NeillChief Financial Officer, Private Equity
- Richard RoloffChief Financial Officer
- Jeffrey WadeChief Compliance Officer
- John BurkeManaging Director
- Michelle GenieczkoAssistant Secretary
- Nathan HansonManaging Director
- Ernest KimManaging Director
- David MarshallManaging Director, Private Equity & General Counsel
- Suzanne RobbinsManaging Director, Tax
- Alex StaehelyManaging Director
Staff
- 224 employees
- 121 in advisory functions
Reported holdings
LS Power Equity Advisors’ reported 13F holdings total $108.9M across 18 positions, and the ten largest make up 94.9% of it.
- $108.9M
- Reported 13F value
- 18
- Positions
- 94.9%
- In the 10 largest
- −20.9%
- Value vs. prior quarter
- Expand Energy Corporation26.8%
- EQT Corp.25.9%
- Gulfport Energy Corp. · Common Shares15.4%
- State Str SPDR S&P 500 ETF T · TR Unit5.6%
- Alphabet Inc. · Cap Stk CL C5.1%
- iShares TR · MSCI Emg Mkt ETF5.0%
- Vaneck ETF Trust · Gold Miners ETF3.6%
- iShares TR · Russell 2000 ETF3.1%
- Amazon Com Inc.2.3%
- Microsoft Corp.2.1%
Together, the ten largest are 94.9% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $108.9M is not its $12.64B in regulatory assets and does not represent any individual client's portfolio.
Fees
LS Power Equity Advisors is paid through a percentage of assets under management and performance-based fees.
LS Power Equity Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, LS Power Equity Advisors has 4 offices, with 5 listed addresses across 4 states.
New York · 2 listed addresses
- 250 W 55th Street, 31st Floor, New YorkHQ
- 1700 Broadway, New York
California · 1 listed address
- 11455 El Camino Real, San Diego
Missouri · 1 listed address
- 16150 Main Circle Drive, Chesterfield
New Jersey · 1 listed address
- One Tower Center BLVD., East Brunswick
Registration details
- Legal name
- LS Power Equity Advisors, LLC
- Headquarters
- 250 W 55th Street, 31st Floor, New York, NY 10019-5905
- Phone
- 212-615-3456
- Website
- www.lspower.com
- SEC file
- 801-74052
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does LS Power Equity Advisors have?
LS Power Equity Advisors has 22 clients and manages $12.6 billion for them, as of April 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 April 2026
What services does LS Power Equity Advisors offer?
LS Power Equity Advisors provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does LS Power Equity Advisors have?
LS Power Equity Advisors has 0 investment adviser representatives registered with state securities authorities, out of 224 employees, and 121 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns LS Power Equity Advisors?
LS Power Equity Advisors is owned through a chain of holding companies by Paul and Theodore Segal and Mikhail Segal. Its direct owner is LSP Generation IV, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 April 2026
How does LS Power Equity Advisors get paid?
LS Power Equity Advisors is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file