LEVEL EQUITY

other names
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Adviser Profile
As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 44
of those in investment advisory functions 39 -2.50%
Registration SEC, Approved, 10/31/2017
Other registrations (1)
AUM* 3,486,917,773 -0.72%
of that, discretionary 3,486,917,773 -0.72%
Private Fund GAV* 2,730,539,951 7.94%
Avg Account Size 249,065,555 -0.72%
SMA’s No
Private Funds 14
Contact Info 212 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
4B 4B 3B 2B 2B 1B 590M
2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count14 GAV$2,730,539,951

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Brochure Summary

Overview

A. Level Equity, a Delaware limited liability company formed in 2009, is a registered investment adviser located in New York, New York. The majority of the Firm is owned by Benjamin Levin (the “Principal”). B. The Firm provides investment advisory services to pooled investment vehicles (the “Funds”) and co‐investment vehicles (“Co‐invests” collectively with the Funds, “Clients”). Level Equity provides discretionary investment management services to the Clients in accordance with the applicable limited partnership agreements, investment management agreements, operating agreements, offering memoranda and other such agreements (the “Governing Documents”). The Governing Documents of the Funds typically allow the general partners (“General Partners”) to establish one or more Co‐invests to facilitate additional investment by investors who may or may not be investors in the Funds in some or all of the investments made by the Funds. The Firm has adopted policies and procedures to address co‐investment opportunities to investors and/or third parties which Level Equity believes to be suitable for co‐investment opportunities. Level Equity seeks to generate long‐term capital gains for its Clients. The Firm’s primary investment objective is to invest, through equity and debt interests, in rapidly growing, privately held, capital efficient businesses (“Portfolio Companies”) with the goal of increasing enterprise value primarily through growth.
Level Equity is affiliated with other entities that are General Partners to the Funds and managing members (“Managing Members”) to the Co‐invests. The General Partners and Managing Members delegate day‐to‐day management responsibilities for the Clients to Level Equity. The advisory services of Level Equity and Managing Members are described in this Brochure and in the related Governing Documents. The General Partners will rely upon the investment adviser registration of Level Equity in accordance with related SEC guidance. The information set forth herein regarding the investment advisory services provided by Level Equity shall also apply in respect of the General Partners and Managing Members unless specifically noted. C. Level Equity does not provide advisory services to underlying investors in the Clients. Such investors accept the terms of advisory services as set forth in each Client’s Governing Documents. The Firm expects to have broad investment authority with respect to the Clients and, as such, prospective investors should consider whether the investment objectives of the Clients are in line with their individual objectives and risk tolerance prior to investment. D. Level Equity does not participate in wrap fee programs. E. As of December 31, 2023, Level Equity managed $3,486,917,773 in regulatory assets on a discretionary basis. All of Level Equity’s regulatory assets under management are discretionary.