Lightyear Capital
MediumFirm Overview
Lightyear Capital is an American private equity firm based in New York City that focuses on leveraged buyout and growth capital investments.
Lightyear Capital was founded in 2000 by Donald Marron, the former chairman and CEO of PaineWebber, following the merger of PaineWebber and UBS. Based in New York City, the firm specializes in financial services and related sectors, drawing on the deep industry expertise of its leadership team, many of whom have backgrounds in major financial institutions.
The firm has raised multiple flagship funds since its inception, including its first fund in 2002 which was heavily backed by UBS. Over the years, Lightyear has evolved into a prominent player in the wealth management and financial technology space, having raised over $3 billion across its first five funds and securing significant commitments for its sixth flagship fund. Following the death of Donald Marron in 2019, the firm has continued its operations under the leadership of Managing Partner Mark Vassallo.
Leadership
Notable Investments
Historical and current deals referenced in public sources.
Portfolio Companies
| Company | Sector | Status | Website |
|---|---|---|---|
| Advisor Group | Financial Services | Exited | Visit ↗ |
| Alegeus | Financial Technology, Healthcare | Exited | Visit ↗ |
| Allworth | Financial Services | Current | Visit ↗ |
| Allworth (Fund V) | Financial Services | Exited | Visit ↗ |
| Allworth (Fund VI) | Financial Services | Current | Visit ↗ |
| AmpliFI | Financial Technology, Tech-Enabled Business Services | Exited | Visit ↗ |
| Antares | Financial Services | Exited | Visit ↗ |
| ARGUS | Financial Technology | Exited | Visit ↗ |
| Athilon | Financial Services | Exited | — |
| BakerCorp | Financial Services | Exited | Visit ↗ |
| C&S | Financial Services | Exited | — |
| Callahan | — | Exited | — |
| Cascade | Financial Services | Exited | — |
| Cerity Partners | Financial Services | Exited | Visit ↗ |
| Cerity Partners (Fund IV) | Financial Services | Exited | Visit ↗ |
| Cerity Partners (Fund V) | Financial Services | Current | Visit ↗ |
| Cetera | Financial Services | Exited | Visit ↗ |
| CFS | Financial Services | Exited | Visit ↗ |
| Clarion | Financial Services | Exited | Visit ↗ |
| Corestream | Healthcare | Current | Visit ↗ |
| CuraLinc Healthcare | Healthcare | Current | Visit ↗ |
| Datalot | Financial Technology, Healthcare | Exited | Visit ↗ |
| DeepGreen | Financial Services | Exited | — |
| eCommission | Financial Services, Financial Technology | Current | Visit ↗ |
| Ed Broking | Financial Services, Financial Technology | Exited | Visit ↗ |
| Endurance | Financial Services | Exited | — |
| Engage PEO | Tech-Enabled Business Services | Current | Visit ↗ |
| Findexa | — | Exited | — |
| FirstSun | Financial Services | Current | Visit ↗ |
| Flagstone | Financial Services | Exited | — |
| Goldleaf | Financial Technology | Exited | — |
| Higher One | Financial Services, Financial Technology | Exited | — |
| HIIG | Financial Services | Exited | Visit ↗ |
| HPOne | Financial Technology, Healthcare | Current | Visit ↗ |
| Inszone | Financial Services | Current | Visit ↗ |
| Kepler | Financial Services | Exited | — |
| Key | — | Exited | Visit ↗ |
| Key (Key Plastics) | — | Exited | Visit ↗ |
| Key Plastic | — | Exited | — |
| Key Plastics | — | Exited | Visit ↗ |
| King Risk Partners | Financial Services | Current | Visit ↗ |
| Lendmark | Financial Services | Current | Visit ↗ |
| Lighthouse | Tech-Enabled Business Services | Current | Visit ↗ |
| Lightyear Capital | — | Current | Visit ↗ |
| Medpointe | — | Exited | — |
| NAU | Financial Services | Exited | Visit ↗ |
| Neff | Financial Services | Exited | — |
| New Flyer | — | Exited | Visit ↗ |
| NIBC | Financial Services | Exited | Visit ↗ |
| Paradigm | Healthcare, Tech-Enabled Business Services | Exited | — |
Source: www.lycap.com/portfolio
Portfolio Web Readiness
Not yet assessed
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Sources
- Wikipedia Wikipedia/Wikidata · public reference
- Firm website Firm website · primary public source
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