Levine Leichtman Capital Partners, LLC

Levine Leichtman Capital Partners, LLC advises privately offered pooled investment vehicles and managed accounts, with a focus on structured private equity funds, co‑investment vehicles and lower‑middle‑market and European funds. As of December 31, 2025, the firm reported discretionary assets under management of about $11.7 billion and generally serves qualified, institutional and high‑net‑worth investors through pooled vehicles rather than individual retail accounts.

The firm’s investment approach centers on a structured private‑equity strategy that commonly combines subordinated notes and common equity to provide regular cash distributions, downside protection and long‑term equity upside while using relatively modest third‑party leverage. Investment teams take active board roles and pursue value‑creation plans, applying a disciplined screening process that targets middle‑market and lower‑middle‑market companies with predictable revenue, strong EBITDA margins and high free‑cash‑flow conversion.

Distinctive aspects of the firm’s disclosures include a multi‑entity operating structure with affiliated adviser entities (including European adviser affiliates) and operations across eight offices, and a formalized program of co‑invest vehicles and side‑letter arrangements for selected investors. The firm’s public materials also note the use of testimonials, endorsements and third‑party ratings in its advertising, practices that are less common among managers that primarily run pooled institutional funds.