Investment adviser · CRD 313799

LS BDC ADVISER, LLC

Investment adviser filing (IA)

MIAMI, FL, United States · Form ADV filed Jun 2, 2026

Regulatory AUM
$1.04B
Form ADV · Item 5.F
Client accounts
2
Accounts, not individual clients
Employees
35
Reported in this filing
Advisory professionals
28
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Business development companies1$1,018,852,95097.9%
Other clientsFewer than 5$21,356,5632.1%
Filing source

Form ADV 2108803 · Jun 2, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

1 Private fund

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

LAFAYETTE SQUARE PRIVATE FUND, LLCOther Private Fund · Last reported Mar 30, 2026$97.2MGross asset value

Feeder funds

  • LAFAYETTE SQUARE PRIVATE FUND BLOCKER, LLC
Fund administrator LS ADMINISTRATION, LLC MIAMI, Florida, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes
Auditor ERNST & YOUNG LLP NEW YORK, New York, United States
Custodian CITIZENS BANK, NA RIVERSIDE, Rhode Island, United States Related to adviser: No
Custodian U.S. BANK NATIONAL ASSOCIATION HOUSTON, Texas, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LLP
PCAOB 42

CITIZENS BANK, NA
LEI DRMSV1Q0EKMEXLAU1P80

U.S. BANK NATIONAL ASSOCIATION
LEI 310841368

Fund details & source
Fund ID
805-1771182318
Reported beneficial owners
2
Minimum commitment
$1M

Form ADV 2083898 · Mar 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Jun 2, 2026. View historical filings

Reported services

Investment company portfolio management · Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

175 SW 7TH STREET, UNIT 2307
MIAMI, FL, 33130, United States

CRD 313799

Filing source

Form ADV 2108803 · Jun 2, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.