Private Equity Firms in California
169 private equity firms are on this list. Of those that report private fund gross assets from a main office in California, Silver Lake Technology Management is the largest: $117.0 billion through Silver Lake Technology Management, LLC (filed ).
Hellman & Friedman follows with $110.4 billion. The 169 firms counted report $1,107.7 billion together; the ten largest hold 64% of it, and half report less than $987 million.
Updated . Rechecked quarterly; next check . Figures read , as filed to .
- $25BN and over62%9 firms
- $10BN to $25BN15%10 firms
- $5BN to $10BN9%13 firms
- $1BN to $5BN12%52 firms
- $500MM to $1BN1%19 firms
- Under $500MM1%66 firms
Latest Form ADV of each, filed Dec 2025 to Sep 2026. Read ; sources at the end of the page.
- Private equity firms listedList of November 2026; 161 are private equity firms and 8 are advisers with private equity funds
- 169
- Combined fund assets169 counted; as filed to Sep 2026
- $1,107.7BN
- Median firmHalf of the 169 report less
- $987MM
- Held by the ten largestOf the $1,107.7BN combined
- 64%
Silver Lake Technology Management, Hellman & Friedman and Vista Equity Partners lead the California private equity firms by fund assets
The ten largest by private fund gross assets on their latest Form ADV. Together they report $706.3BN, 64% of the $1,107.7BN the 169 counted report.
- 1
Silver Lake Technology Management
Private equity firm, Menlo Park
- 2
Hellman & Friedman
Private equity firm, San Francisco
- 3
Vista Equity Partners
Private equity firm, San Francisco
- 4
Leonard Green & Partners
Private equity firm, Los Angeles
- 5
Clearlake Capital Group
Private equity firm, Santa Monica
- 6
Genstar Capital
Private equity firm, San Francisco
- 7
Platinum Equity Advisors
Private equity firm, Beverly Hills
- 8
Francisco Partners
Private equity firm, San Francisco
- 9
SB Investment Advisers (US)
Private equity firm, Menlo Park
- 10
K1 Investment Management
Private equity firm, Manhattan Beach
Gross assets of the private funds each adviser reported in its latest Form ADV. Each pin opens the filing behind the figure; the ranking rule and sources are at the end of the page. Read .
The ten largest hold 64% of the fund assets
How the 169 firms counted spread by size: most are small, the dollars sit at the top.
One dot per firm counted. Read .
Fund assets each reported in its latest filing; shares are of the $1,107.7BN combined, one row per firm. Read .
11%
of the fund assets reported sits with one firm, Silver Lake Technology Management. The five largest hold 45%; 85 of 169 report under $1 billion.
- Private equity firms161
- Advisers with private equity funds8
Kind of each, from its own website and filings, checked November 2026.
- San Francisco45
- Los Angeles37
- Menlo Park13
- Beverly Hills7
- El Segundo7
- San Mateo6
Main office on each firm's Form ADV.
Leaders beyond the ranking
Figures the main ranking does not compare: the largest holdings of US listed stocks, most active in private offerings, most private funds.
| Rank | Name | Figure |
|---|---|---|
| 1 | Platinum Equity Advisors | $9.0BNQ2 2026 |
| 2 | Leonard Green & Partners | $962MMQ2 2026 |
| 3 | Patient Square Capital | $646MMQ2 2026 |
| 4 | Clearlake Capital Group | $529MMQ2 2026 |
| 5 | Francisco Partners | $361MMQ2 2026 |
| 6 | True Wind Capital Management | $226MMQ2 2026 |
| 7 | Westcap Management | $195MMQ2 2026 |
| 8 | TSG Consumer Partners | $114MMQ2 2026 |
9 firms counted here report listed stocks for a 2026 quarter.
| Rank | Name | Figure |
|---|---|---|
| 1 | Corridor Capital | 63 issuers |
| 2 | Excolere Equity Partners | 42 issuers |
| 3 | L Squared Capital Partners | 44 issuers |
| 4 | Fusion Capital | 33 issuers |
| 5 | Aphias Capital | 22 issuers |
| 6 | Castle Creek Capital | 22 issuers |
| 7 | Cuadrilla Capital | 21 issuer |
| 8 | Levine Leichtman Capital Partners | 22 issuers |
Counts notices, new and amended, filed by issuers whose name begins with the name; offering amounts are not shown.
| Rank | Name | Figure |
|---|---|---|
| 1 | Platinum Equity Advisors | 149May 2026 |
| 2 | Vista Equity Partners | 125Sep 2026 |
| 3 | Leonard Green & Partners | 107Mar 2026 |
| 4 | Clearlake Capital Group | 93Jun 2026 |
| 5 | Zanbato Advisors | 58Dec 2025 |
| 6 | Levine Leichtman Capital Partners | 54Jul 2026 |
| 7 | Bracket Capital | 51Mar 2026 |
| 8 | Hellman & Friedman | 45Mar 2026 |
The list is public. The warm path is not. Schedule a conversation
All 169 private equity firms
A to Z, with each firm's private fund gross assets, private funds, listed stocks and fund offerings, each with a pin to its filing; firms with no figure show the interests they state on their own sites.
Showing all 169 firms
The first 30 are shown here; find, a kind or a size shows every match.
No row matches. Clear the find field or choose All.
Fund assets are the gross assets of the private funds in the adviser's latest Form ADV (solid bar; grey when the firm is not in the totals). Listed stocks are the US listed securities a firm reports each quarter; fund offerings count the private offering notices of funds named for the firm in two years. Each pin opens the filing behind the figure. The square beside a name opens every figure with its filing and notes.
A few large advisers hold most of the money
Six findings from the filings of the 169 firms counted.
- 11%
of the $1,107.7 billion the 169 firms counted report is one firm's: Silver Lake Technology Management. Without it, the other 168 report $990.8 billion.
Fund assets, latest Form ADV of each; sums of filed figures
- $987MM
is the median: half of the 169 report less, and 85 report under $1 billion.
Fund assets, latest Form ADV of each
- 2,392
private funds are advised by the firms counted; Platinum Equity Advisors advises the most, 149.
Private funds on each Form ADV (Schedule D); sums of filed figures
- $12.0BN
of US listed stocks reported by 9 firms counted for a 2026 quarter; the largest, Platinum Equity Advisors, reported $9.0 billion.
Quarterly listed stock reports (Form 13F), 2026
- 46
private offering notices in two years were filed by funds and vehicles named for 23 firms; Corridor Capital leads with 6.
Private offering notices, to
- 77
of the 169 have their main office in San Francisco Bay Area; the next place is Los Angeles, with 72.
Main office on each Form ADV
Questions
How many private equity firms are there in California?
This list holds 169 private equity firms in California; 169 of them report private fund gross assets on Form ADV, $1,107.7 billion together.
What are the largest private equity firms in California?
By the private fund gross assets they report: Silver Lake Technology Management $117.0 billion, Hellman & Friedman $110.4 billion, Vista Equity Partners $105.7 billion, Leonard Green & Partners $85.6 billion, Clearlake Capital Group $75.3 billion.
How much do private equity firms in California typically manage?
Of the 169 that report, the median reports $987 million in private fund gross assets; 85 report under $1 billion.
How do you start a relationship with private equity firms in California?
Each firm on this page links to its own website, and each figure carries a pin that opens the public filing it comes from. For fund managers and companies raising capital, Praxis Rock runs capital formation programs; see Raise Capital.
Sources and method
- Who is listed
- 169 private equity firms, 161 are private equity firms and 8 are advisers with private equity funds, as researched for this list; no row leaves the list.
- Ranking rule
- The top 10, every total, share and median, the charts and the answers to the questions use one set: the 169 advisers that report private fund gross assets in their latest SEC Form ADV, with a main office in California, that the filing itself ties to the row (the CRD the list cites, or the row's own website in Item 1.I), one figure per adviser. A name match with no such tie is shown in the row's detail only, never ranked or counted.
- Our arithmetic
- The $1,107.7BN, the median, shares, charts and boards are sums and medians of filed numbers over that one set; 0 firms with a figure outside it stay listed with the figure and the reason.
- Pins
- Each figure's pin opens the filing it comes from: the adviser's Form ADV as filed, or the SEC filing index of its 13F report or of the latest private offering notice (Form D). The pin's label names the source and its date.
- What we searched
- On we searched every firm by its website against the websites advisers list on Form ADV, by the CRD the list cites, by name for Form ADV, and by every CIK found for 13F reports, and searched private offering notices for funds named for it. Of the 169, 169 report on a current Form ADV, 15 file 13F reports (9 for a 2026 quarter with a value), 23 have funds named for them in private offering notices, and 0 more show a possible match by name only in their detail, not counted.
- Words
- Kinds and interests are each firm's own, from its website. No person names are shown.
| Figure | Source | Period, read |
|---|---|---|
| Assets, private funds, client types, main office, employees | SEC Form ADV adviser data, October 2026 report, and each adviser's Form ADV as filed, 169 advisers | Filings to 2026-10-01; read 2026-10-31 |
| Listed stocks | SEC EDGAR Form 13F, 15 filers | Latest quarter; read 2026-10-31 |
| Private offering notices of funds named for a firm | SEC EDGAR full text search, Form D and D/A | 2024-10-31 to 2026-10-31 |
| Kind, interests and website | Each firm's own website, as researched for this list | Checked 2026-10-31 |
| Logos | Each firm's own website; a monogram where none checks | Read 2026-10-31 |
Cite as: Praxis Rock Advisors, "Private Equity Firms in California," updated November 1, 2026, praxisrock.com/resources/investors/pe-firms-california