# LS Power Equity Advisors

LS Power Equity Advisors is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 1990
- **Assets under management:** Undisclosed
- **Website:** lspower.com

## Regulatory record

- **CRD number:** 158272
- **SEC file number:** 801-74052
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/158272

## About

LS Power Equity Advisors, LLC is an SEC-registered investment adviser in New York, NY, registered since 2012. The firm manages approximately $12.6 billion in regulatory assets. It has 224 employees and 121 investment advisers.

## Sectors

- Energy Transition & Renewables
- Infrastructure
- Power Generation
- Real Assets

## Offices

- St. Louis, MO

## People

- Michael Segal — Managing Partner
- David Tabors — Managing Director

## Questions

### Who controls investment decisions at LS Power Equity Advisors?

Michael Segal, Managing Partner and co-founder, leads investment decisions. David Tabors, Managing Director, also plays a key role in deal execution. The firm operates with a centralized decision-making structure typical of a partnership.

### Does LS Power Equity Advisors invest solely in renewable energy?

No. The firm invests across the full energy spectrum, including natural gas, coal, renewables (solar, wind), energy storage, and transmission infrastructure. It has historically balanced conventional and renewable assets.

### How does the firm source proprietary deal flow?

LS Power Equity Advisors benefits from the parent company's development platform, which generates a pipeline of projects and acquisitions. This integrated approach provides deal flow not available to pure financial sponsors.

### What is the firm's track record in exits?

The broader LS Power group has executed numerous asset sales and IPOs, including the 2018 spin-off of its renewable energy development business onto the New York Stock Exchange as LS Power Inc. Specific equity advisory exit data is not publicly disclosed.

### Is the firm open to co-investments with external partners?

LS Power Equity Advisors has historically formed joint ventures and consortiums for large projects, such as the development of natural gas plants and transmission lines. However, no standard co-investment vehicle is publicly described.

## Related profiles

- [Differential Capital](https://altss.com/profile/differential-capital-llc)
- [Edge Principal Advisors](https://altss.com/profile/edge-principal-advisors-llc)

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Last updated: 2026-07-09T00:59:38.655Z

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