LIGHTYEAR CAPITAL LLC other names

{{ Info.Overview }}
Revenue: {{ Info.Revenue | formatUSD }} Headquarters: {{ Info.Headquarters }}
{{ Info.Homepage }}

Adviser Profile

As of Date:

04/18/2024

Adviser Type:

- Large advisory firm

Number of Employees:

49 -2.00%

of those in investment advisory functions:

23 -11.54%

Registration:

SEC, Approved, 3/30/2012

AUM:

5,017,837,060 21.00%

of that, discretionary:

5,017,837,060 21.00%

Private Fund GAV:

4,409,399,712 37.52%

Avg Account Size:

238,944,622 9.47%

SMA’s:

NO

Private Funds:

20 2

Contact Info

212 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
5B 4B 4B 3B 2B 1B 701M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Lori Forlano - Managing Director - Lightyear Capital
09/22/2022

... operations of Lightyear and the management of its investment funds, ... a convertible arbitrage hedge fund, where she was a Managing Director ...

lycap.com

Buyout firm Lightyear Capital raises $1.6 billion flagship fund
11/12/2021

investing.com

Lightyear’s Therapy Brands goes to KKR for $1.25bn
04/09/2021

Therapy Brands has scored a new majority owner in KKR as the growth of behavioral healthcare calls for more tailored software, with Lightyear Capital marking its second ... Brands through its Americas XII Fund, appears a natural buyer.

pehub.com

KKR buys majority stake in health software company Therapy Brands
04/08/2021

Global investment firm KKR plans to acquire a majority stake in health software company Therapy Brands. PSG, a previous investor in the company, will remain a minority shareholder.

medcitynews.com

KKR Snaps Up Majority Stake In Therapy Brands
04/08/2021

(See KKR stock analysis on TipRanks) KKR is acquiring the majority stake from existing investors, funds associated with Lightyear Capital LLC, Oak HC/FT, and Greater Sum Ventures. Existing investor, PSG, will continue to be a minority stakeholder in ...

NASDAQ

Global firm buys majority stake in fast-growing Therapy Brands
04/08/2021

KKR will be acquiring the majority interest from Therapy Brands' existing shareholders, investment funds affiliated with Lightyear Capital LLC OAK HC/FT and Greater Sum Ventures. Existing investor PSG will participate in the transaction alongside KKR and ...

bizjournals.com


Private Funds Structure

Fund Type Count GAV
Private Equity Fund 20 $4,409,399,712

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM # funds
PRINCIPAL ORIGIN - - - - - - - - 4.6b -
ALTAMONT CAPITAL PARTNERS - - 4.4b - - - - 4.4b 4.2b 26
INVESTCORP INVESTMENT ADVISERS LLC - - 4.0b - - - - 4.0b 4.1b 35
VWH CAPITAL MANAGEMENT, LP - - 3.7b - - - - 3.7b 4.0b 3
PRITZKER PRIVATE CAPITAL - - 5.6b - - - - 5.6b 5.6b 9
J.F. LEHMAN AND COMPANY LLC - - 6.3b - - - - 6.3b 6.3b 20
BRIGHTSTAR CAPITAL PARTNERS - - 4.3b - - - - 4.3b 4.3b 13
C-BRIDGE CAPITAL LLC - - 4.4b - - - - 4.4b 4.5b 4
LNW - - 14.1m - - - - 14.1m 4.6b 1
SDC CAPITAL PARTNERS, LLC - - 4.5b - - - - 4.5b 4.5b 5

Private Funds



Employees




Brochure Summary

Overview

Lightyear Capital LLC (collectively with any affiliates, as the context requires, “Lightyear”), a Delaware limited liability company founded in 2000, is a registered investment adviser located in New York, NY. Lightyear and its subsidiaries, Lightyear Capital II, LLC, Lightyear Capital III, LLC, Lightyear Capital IV, LLC, Lightyear Capital V, LLC, and Lightyear Capital VI, LLC (each, an “Affiliated Adviser” or, collectively, the “Affiliated Advisers”), provide investment advisory services to several private equity funds (each a “Fund” or, collectively, the “Funds”). The Funds invest primarily in high-growth, “asset-light” companies at the nexus of financial services and technology, healthcare, and business services. The Funds are typically structured as limited partnerships and each has a general partner (or similar persons or entities, each, a “General Partner” or, collectively, the “General Partners”). Each General Partner is an affiliate of Lightyear Capital LLC. Investment advice is provided directly to the Funds and not individually to the persons and entities that invest in the Funds (each, a “Limited Partner” and, collectively, the “Limited Partners”; and referred to collectively with the General Partners as “Partners”). In providing services to the Funds, Lightyear formulates each Fund’s investment objectives, directs, and manages the investment and reinvestment of each Fund’s assets, and provides
reports to the Limited Partners. Lightyear provides investment advisory services to each of the Funds pursuant to separate advisory or management agreements and manages the assets of the Funds in accordance with the limited partnership agreements, investment advisory agreements, private placement memoranda, and other governing documents applicable to each Fund (the “Governing Fund Documents”). The investment guidelines of each Fund are described in the applicable Governing Fund Documents. Limited partnership interests in the Funds are not registered under the Securities Act of 1933, as amended (the “Securities Act”), and the Funds are not registered under the Investment Company Act of 1940, as amended. Accordingly, interests in the Funds are privately offered and sold exclusively to Limited Partners satisfying the applicable eligibility and suitability requirements for private transactions within the U.S. Lightyear Capital LLC is wholly owned by Lightyear Capital Management LP, the general partner of which is Lightyear Capital GP LLC. Both Lightyear Capital Management LP and Lightyear Capital GP LLC are wholly owned by Mark Vassallo and his estate planning vehicle. Mark Vassallo is also the manager of Lightyear Capital GP LLC and the Managing Partner of Lightyear Capital LLC. As of December 31, 2023, Lightyear managed approximately $5.02 billion in regulatory assets under management on a discretionary basis.