AltMountain

Lightyear Capital LLC

New York, NY · CRD 156781
Private equity manager

Lightyear Capital LLC is an SEC-registered investment adviser based in New York, NY that reports managing 28 private funds on Form ADV, including 28 private equity funds. It reports $8.1 billion in regulatory assets under management. Its private funds hold $5.4 billion in gross assets.

Regulatory assets under management
$8.1 billionForm ADV Item 5.F
Gross assets of private funds
$5.4 billionAll private fund types, Form ADV
Private funds managed
28PE 28 · VC 0 · hedge 0
Employees
50Form ADV Item 5.A
Registration
SEC-registered adviserCRD 156781
Latest Form ADV
09/21/2026Disciplinary disclosures: yes, see SEC record

Private equity funds filing Form D (3)

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 (5)

Fund
Gross assets
Minimum
Owners
Adviser
Lightyear Fund IV, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$1.2B
Minimum$10.0M
Owners42
AdviserLightyear Capital LLC
Lightyear Fund V, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$754M
Minimum$20.0M
Owners24
AdviserLightyear Capital LLC
Lightyear Fund V-A, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$711M
Minimum$20.0M
Owners20
AdviserLightyear Capital LLC
Lightyear Fund III, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$84.3M
Minimum$10.0M
Owners39
AdviserLightyear Capital LLC
Lightyear Associates V, LLC
Delaware, United StatesPrivate equity fund
Gross assets$38.1M
MinimumNone set
Owners22
AdviserLightyear Capital LLC

As reported in the adviser's Form ADV filed Nov 13, 2024. Funds also listed from Form D are shown above.

Fund vehicles: feeder funds and single-deal vehicles (15)

Fund
Gross assets
Minimum
Owners
Adviser
Lighthouse Co-Invest, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$292M
MinimumNone set
Owners10
AdviserLightyear Capital LLC
LY V Co-Invest, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$233M
Minimum$200M
Owners2
AdviserLightyear Capital LLC
HP One Co-Invest, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$227M
MinimumNone set
Owners12
AdviserLightyear Capital LLC
LY IV Co-Invest, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$214M
Minimum$125M
Owners2
AdviserLightyear Capital LLC
PT Co-Invest II, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$144M
MinimumNone set
Owners13
AdviserLightyear Capital LLC
PS Co-Invest, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$135M
MinimumNone set
Owners22
AdviserLightyear Capital LLC
Allworth Co-Invest I, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$101M
MinimumNone set
Owners6
AdviserLightyear Capital LLC
LY V-A Co-Invest, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$90.5M
Minimum$200M
Owners2
AdviserLightyear Capital LLC
SCHM Co-Invest II, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$58.1M
MinimumNone set
Owners8
AdviserLightyear Capital LLC
PT Co-Invest, L.p,
Delaware, United StatesPrivate equity fund
Gross assets$53.6M
MinimumNone set
Owners4
AdviserLightyear Capital LLC
SCHM Co-Invest, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$46.9M
MinimumNone set
Owners5
AdviserLightyear Capital LLC
INS Co-Invest, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$45.0M
MinimumNone set
Owners6
AdviserLightyear Capital LLC
INS Co-Invest II, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$17.5M
MinimumNone set
Owners4
AdviserLightyear Capital LLC
Allworth Co-Invest II, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$7.5M
MinimumNone set
Owners2
AdviserLightyear Capital LLC
Lightyear Co-Invest Partnership III, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$374K
Minimum$2K
Owners34
AdviserLightyear Capital LLC

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