L Squared Capital Partners
Newport Beach, CA · CRD 288509
Private equity manager
L Squared Capital Partners is an SEC-registered investment adviser based in Newport Beach, CA that reports managing 23 private funds on Form ADV, including 23 private equity funds. It reports $2.0 billion in regulatory assets under management. Its private funds hold $1.7 billion in gross assets.
- Regulatory assets under management
- $2.0 billionForm ADV Item 5.F
- Gross assets of private funds
- $1.7 billionAll private fund types, Form ADV
- Private funds managed
- 23PE 23 · VC 0 · hedge 0
- Employees
- 18Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 288509
- Latest Form ADV
- 09/01/2026Disciplinary disclosures: none reported
Private equity funds filing Form D (5)
Fund
First sale
Raised
Investors
Minimum
Offering
L Squared Capital Partners V LP
Newport Beach, CA
First sale—
Raised$0
Investors0
Minimum$5.0M
Offering506(b)
L Squared Capital Partners V-B LP
Newport Beach, CA
First sale—
Raised$0
Investors0
Minimum$10.0M
Offering506(b)
L Squared Capital Partners V-A LP
Newport Beach, CA
First sale—
Raised$0
Investors0
Minimum$10.0M
Offering506(b)
LSCP Btx Cv-C LP
Newport Beach, CA
First sale—
Raised$0
Investors0
MinimumNone set
Offering506(b)
FineLine CV LP
Newport Beach, CA
First sale—
Raised$0
Investors0
MinimumNone set
Offering506(b)
Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.
Private funds reported on Form ADV (3)
Fund
Gross assets
Minimum
Owners
Adviser
L Squared Capital Partners IV-A LP
Delaware, United StatesPrivate equity fund
Gross assets$116M
MinimumNone set
Owners10
AdviserL Squared Capital Partners
L Squared Capital Partners III LLC - 2021 Series Fineline
Delaware, United StatesPrivate equity fund
Gross assets$72.2M
MinimumNone set
Owners40
AdviserL Squared Capital Partners
L Squared Capital Partners IV-B LP
Delaware, United StatesPrivate equity fund
Gross assets$63.7M
MinimumNone set
Owners9
AdviserL Squared Capital Partners
As reported in the adviser's Form ADV filed Dec 3, 2024. Funds also listed from Form D are shown above.
Fund vehicles: feeder funds and single-deal vehicles (14)
Fund
Gross assets
Minimum
Owners
Adviser
L Squared Capital Partners II LLC - Series Oracle
Delaware, United StatesPrivate equity fund
Gross assets$231M
MinimumNone set
Owners19
AdviserL Squared Capital Partners
L Squared Capital Partners II LLC - Series Raptor Scientific
Delaware, United StatesPrivate equity fund
Gross assets$156M
MinimumNone set
Owners20
AdviserL Squared Capital Partners
L Squared Capital Partners III Llc- Series Lumaverse
Delaware, United StatesPrivate equity fund
Gross assets$136M
MinimumNone set
Owners41
AdviserL Squared Capital Partners
L Squared Capital Partners LLC - Series Fineline
Delaware, United StatesPrivate equity fund
Gross assets$128M
MinimumNone set
Owners11
AdviserL Squared Capital Partners
L Squared Capital Partners III Llc- Series Literacy Resources
Delaware, United StatesPrivate equity fund
Gross assets$127M
MinimumNone set
Owners38
AdviserL Squared Capital Partners
L Squared Capital Partners III Llc- Series Crane
Delaware, United StatesPrivate equity fund
Gross assets$93.2M
MinimumNone set
Owners41
AdviserL Squared Capital Partners
L Squared Capital Partners III Llc- Series Foundant
Delaware, United StatesPrivate equity fund
Gross assets$75.0M
MinimumNone set
Owners38
AdviserL Squared Capital Partners
L Squared Capital Partners III Llc- Series Sterling Tech
Delaware, United StatesPrivate equity fund
Gross assets$69.9M
MinimumNone set
Owners41
AdviserL Squared Capital Partners
L Squared Capital Partners III LLC - Series Era
Delaware, United StatesPrivate equity fund
Gross assets$57.9M
MinimumNone set
Owners38
AdviserL Squared Capital Partners
L Squared Capital Partners II LLC - Series United Scope
Delaware, United StatesPrivate equity fund
Gross assets$55.0M
MinimumNone set
Owners19
AdviserL Squared Capital Partners
L Squared Capital Partners IV Lp- Series Msp
Delaware, United StatesPrivate equity fund
Gross assets$18.8M
MinimumNone set
Owners70
AdviserL Squared Capital Partners
LSCP III - Series Literacy Resources Aiv LP
Delaware, United StatesPrivate equity fund
Gross assets$7.3M
MinimumNone set
Owners4
AdviserL Squared Capital Partners
LSCP III - Series Era Aiv LP
Delaware, United StatesPrivate equity fund
Gross assets$4.6M
MinimumNone set
Owners5
AdviserL Squared Capital Partners
L Squared Capital Partners II LLC - Series Gws Tool
Delaware, United StatesPrivate equity fund
Gross assets$0
MinimumNone set
Owners20
AdviserL Squared Capital Partners
Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.
From SEC filings. Firm data comes from the SEC's Form ADV data. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures