LIGHTYEAR CAPITAL LLC
Adviser information for LIGHTYEAR CAPITAL LLC last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 49 |
|---|---|
| Investment Advisory/Research | 23 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 21 | $5.0B |
| Non-Discretionary | 0 | $0 |
| Total | 21 | $5.0B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 21 | $5.0B |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehiclesINVESTMENT MANAGEMENT FOR PRIVATE EQUITY AND OTHER FUNDS |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Principal Office
40 WEST 57TH STREET22ND FLOOR
NEW YORK
NY
United States
MONDAY - THURSDAY (FRIDAYS REMOTE), 9 AM - 6 PM
Tel: 212-328-0555, Fax: 212-328-0516
Chief Compliance Officer
DOUGLAS CHICIAK
MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER
40 WEST 57TH STREET
22ND FLOOR
NEW YORK
NY
United States
Tel:
212-328-0509
Fax:
212-328-0516
D***********@********M
(Full email address available in API data)
Regulatory Contact
LORI FORLANO
MANAGING DIRECTOR, GENERAL COUNSEL, & CHIEF ADMINISTRATIVE OFFICER
40 WEST 57TH STREET
22ND FLOOR
NEW YORK
NY
United States
Tel:
212-328-0550
Fax:
212-328-0516
L***********@********M
(Full email address available in API data)
Industry Affiliates
| LIGHTYEAR FUND III GP HOLDINGS, LLC | Sponsor, GP, manager of pooled investment vehicles |
| LIGHTYEAR FUND III GP, L.P. | Sponsor, GP, manager of pooled investment vehicles |
| LIGHTYEAR FUND IV GP HOLDINGS, LLC | Sponsor, GP, manager of pooled investment vehicles |
| LIGHTYEAR FUND IV GP, L.P. | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| LIGHTYEAR FUND V (CAYMAN) GP, L.P. | Sponsor, GP, manager of pooled investment vehicles |
| LIGHTYEAR FUND V (CAYMAN) GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| LIGHTYEAR FUND V GP HOLDINGS, LLC | Sponsor, GP, manager of pooled investment vehicles |
| LIGHTYEAR FUND V GP, L.P. | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| LIGHTYEAR FUND VI GP HOLDINGS, LLC | Sponsor, GP, manager of pooled investment vehicles |
| LIGHTYEAR FUND VI GP, L.P. | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| ALLWORTH CO-INVEST I, L.P. | Private Equity Fund | $100.7M | $0.0M | 6 |
| ALLWORTH CO-INVEST II, L.P. | Private Equity Fund | $7.5M | $0.0M | 2 |
| HP ONE CO-INVEST, L.P. | Private Equity Fund | $226.8M | $0.0M | 12 |
| INS CO-INVEST II, L.P. | Private Equity Fund | $17.5M | $0.0M | 4 |
| INS CO-INVEST, L.P. | Private Equity Fund | $45.0M | $0.0M | 6 |
| LIGHTHOUSE CO-INVEST, L.P. | Private Equity Fund | $292.0M | $0.0M | 10 |
| LIGHTYEAR ASSOCIATES V, LLC | Private Equity Fund | $38.1M | $0.0M | 22 |
| LIGHTYEAR CO-INVEST PARTNERSHIP III, L.P. | Private Equity Fund | $0.4M | $0.0M | 34 |
| LIGHTYEAR FUND III, L.P. | Private Equity Fund | $84.3M | $10.0M | 39 |
| LIGHTYEAR FUND IV, L.P. | Private Equity Fund | $1,158.2M | $10.0M | 42 |
| LIGHTYEAR FUND V-A, L.P. | Private Equity Fund | $710.7M | $20.0M | 20 |
| LIGHTYEAR FUND V, L.P. | Private Equity Fund | $754.0M | $20.0M | 24 |
| LY IV CO-INVEST, L.P. | Private Equity Fund | $214.0M | $125.0M | 2 |
| LY V CO-INVEST, L.P. | Private Equity Fund | $232.8M | $200.0M | 2 |
| LY V-A CO-INVEST, L.P. | Private Equity Fund | $90.5M | $200.0M | 2 |
| PS CO-INVEST, L.P. | Private Equity Fund | $134.6M | $0.0M | 22 |
| PT CO-INVEST II, L.P. | Private Equity Fund | $143.8M | $0.0M | 13 |
| PT CO-INVEST, L.P, | Private Equity Fund | $53.6M | $0.0M | 4 |
| SCHM CO-INVEST II, L.P. | Private Equity Fund | $58.1M | $0.0M | 8 |
| SCHM CO-INVEST, L.P. | Private Equity Fund | $46.9M | $0.0M | 5 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| FORLANO, LORI, JO | Individual | – | MANAGING DIRECTOR/GENERAL COUNSEL/CHIEF ADMINISTRATIVE OFFICER | 09/2005 | < 5% |
| VASSALLO, MARK, FRANCIS | Individual | – | MANAGING PARTNER | 10/2003 | < 5% |
| CHICIAK, DOUGLAS, ANDREW | Individual | – | MANAGING DIRECTOR/CHIEF COMPLIANCE OFFICER | 01/2019 | < 5% |
| STENCEL, DANIEL, BENJAMIN | Individual | – | MANAGING DIRECTOR/CHIEF FINANCIAL OFFICER | 07/2021 | < 5% |
| LIGHTYEAR CAPITAL MANAGEMENT, L.P. | Domestic Entity | – | SOLE MEMBER | 11/2021 | > 75% |
| VASSALLO, MARK, FRANCIS | Individual | LIGHTYEAR CAPITAL MANAGEMENT, L.P. | MANAGING MEMBER | 11/2021 | > 75% |
| LIGHTYEAR CAPITAL GP LLC | Domestic Entity | LIGHTYEAR CAPITAL MANAGEMENT, L.P. | GENERAL PARTNER | 11/2021 |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed May 12th, 2017 for period ending March 31st, 2017
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| CASCADE BANCORP | COM NEW | 89K | 11M | – |