DFX Intelligence

Data Factory

RIA / WealthRegistered adviserasset managerSEC registeredRAUM 100m 1b

BAY HILLS CAPITAL MANAGEMENT, LLC

CRD 158603

SAN FRANCISCO, CA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:b3931475-c39f-408f-ef43-0bfc11a0342a

Data as of Mar 31, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 2:51 PM UTC and rebuilt at most every 15 minutes.

Relationships: 17
Dated events: 2
On other graphs: 2
Observed: Jan 20, 2012 to Mar 31, 2026
29 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Private Equityidentity

BAY Hills Capital Management, LLC

Private equity manager · shared crd

Independent Sponsorsidentity

BAY Hills Capital Management, LLC

Capital provider to sponsors · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: asset managerderivedprivate_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $570MItem 5.F on the latest filing (2026-03-31); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $570M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 7
Advisory employees: 5
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 10
Private funds: 14Schedule D 7.B(1)
SEC number: 801-73082
CRD: 158603
Filings on the tape: 29
First filed: Jan 20, 2012
Latest filed: Mar 31, 2026
Organised: Limited Liability Company, DE
Website: bayhillscapital.com

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
BAY HILLS CAPITAL PARTNERS IV, LP	Private Equity Fund	$200M	Mar 28, 2024	102	Mar 29, 2019	reported	021-316492
BAY HILLS CAPITAL PARTNERS V, LP	Private Equity Fund	$154M	Mar 28, 2024	148	Mar 31, 2022	reported	021-401477
BAY HILLS CAPITAL PARTNERS III L.P.	Private Equity Fund	$145M	Mar 28, 2024	28	Mar 28, 2014	reported	021-227785
BAY HILLS EMERGING PARTNERS II LP	Private Equity Fund	$119M	Mar 28, 2024	2	Jan 20, 2012	reported	n/a
BAY HILLS EMERGING PARTNERS III L.P.	Private Equity Fund	$110M	Mar 28, 2024	2	Mar 28, 2014	reported	021-245220
BAY HILLS EMERGING PARTNERS II B LP	Private Equity Fund	$79.4M	Mar 28, 2024	2	Jan 20, 2012	reported	n/a
BAY HILLS CAPITAL PARTNERS II LP	Private Equity Fund	$76.1M	Mar 28, 2024	23	Jan 20, 2012	reported	021-214431
BAY HILLS CAPITAL PARTNERS SPV, LLC	Private Equity Fund	$66.7M	Mar 28, 2024	2	Mar 31, 2022	reported	021-400700
BAY HILLS CAPITAL PARTNERS VI, L.P.	Private Equity Fund	$10.5M	Mar 28, 2024	63	Mar 28, 2024	reported	021-478798
BAY HILLS CAPITAL PARTNERS IV-A, LP	Private Equity Fund	$8.6M	Mar 28, 2024	14	Mar 31, 2022	reported	021-387870
BAY HILLS EMERGING PARTNERS I LP	Private Equity Fund	$6.5M	Mar 28, 2024	2	Jan 20, 2012	reported	n/a
BAY HILLS CAPITAL PARTNERS V-A, LP	Private Equity Fund	$6.2M	Mar 28, 2024	22	Mar 28, 2024	reported	021-413255
BAY HILLS CAPITAL PARTNERS I L.P.	Private Equity Fund	$4.9M	Mar 28, 2024	19	Jan 20, 2012	reported	n/a
BAY HILLS CAPITAL PARTNERS VI-A, L.P.	Private Equity Fund	$123,838	Mar 28, 2024	7	Mar 28, 2024	reported	021-478793

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
MANSBRIDGE, LANCE, DAVID	MANAGING PARTNER	E	yes	09/2006	Jan 20, 2012	Mar 28, 2024
BELOHLAV, BRET	Partner	Na	no	01/2021	Jan 6, 2017	Mar 28, 2024
Robertson, Kellen, David	Cco	Na	no	01/2023	Mar 28, 2023	Mar 28, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
BHCP GP I, LLC	n/a	n/a	n/a	N	yes	n/a
BHCP GP II, LLC	n/a	n/a	n/a	N	yes	n/a
BHCP GP III, LLC	n/a	n/a	n/a	N	yes	n/a
BHCP GP IV-A, LLC	n/a	n/a	n/a	N	yes	n/a
BHCP GP IV, LLC	n/a	n/a	n/a	N	yes	n/a
BHCP GP SPV, LLC	n/a	n/a	n/a	N	yes	n/a
BHCP GP V-A, LLC	n/a	n/a	n/a	N	yes	n/a
BHCP GP V, LLC	n/a	n/a	n/a	N	yes	n/a
BHCP GP VI-A, LLC	n/a	n/a	n/a	N	yes	n/a
BHCP GP VI, LLC	n/a	n/a	n/a	N	yes	n/a
BHEP GP I, LLC	n/a	n/a	n/a	N	yes	n/a
BHEP GP II-B, LLC	n/a	n/a	n/a	N	yes	n/a
BHEP GP II, LLC	n/a	n/a	n/a	N	yes	n/a
BHEP GP III, LLC	n/a	n/a	n/a	N	yes	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 31, 2026	$570M	$570M	7	5	0	14	n/a
2024	Jan 21, 2025	$864M	$864M	7	5	0	14	n/a
2023	Mar 28, 2024	$864M	$864M	7	5	0	14	$987M
2022	Mar 28, 2023	$781M	$781M	7	5	0	11	$837M
2021	Mar 31, 2022	$781M	$781M	7	5	0	11	$837M
2020	Mar 24, 2021	$617M	$617M	8	6	0	8	$747M
2019	Mar 20, 2020	$590M	$590M	7	5	0	8	$643M
2018	Mar 29, 2019	$552M	$552M	7	5	0	8	$658M
2017	Mar 21, 2018	$516M	$516M	7	5	0	7	$579M
2016	Mar 22, 2017	$515M	$515M	8	5	n/a	7	$539M
2015	Mar 28, 2016	$750M	$750M	10	6	n/a	7	$522M
2014	Mar 9, 2015	$452M	$452M	5	4	n/a	7	$452M
2013	Mar 28, 2014	$431M	$431M	7	7	n/a	7	$431M
2012	Mar 27, 2013	$285M	$285M	6	6	n/a	5	$156M

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$570M	$864M	-34.1%	$781M	-10.0%	7	7	0	0

Relationships

Advises (14)

→ BAY HILLS EMERGING PARTNERS I LPPrivate fundPrivate Equity Fund, IA
Jan 20, 2012 to presentfactForm ADV
→ BAY HILLS CAPITAL PARTNERS V-A, LPPrivate fundPrivate Equity Fund, IA
Mar 28, 2024 to presentfactForm ADV
→ BAY HILLS EMERGING PARTNERS III L.P.Private fundPrivate Equity Fund, IA
Mar 28, 2014 to presentfactForm ADV
→ BAY HILLS CAPITAL PARTNERS VI, L.P.Private fundPrivate Equity Fund, IA
Mar 28, 2024 to presentfactForm ADV
→ BAY HILLS EMERGING PARTNERS II B LPPrivate fundPrivate Equity Fund, IA
Jan 20, 2012 to presentfactForm ADV
→ BAY HILLS CAPITAL PARTNERS SPV, LLCPrivate fundPrivate Equity Fund, IA
Mar 31, 2022 to presentfactForm ADV
→ BAY HILLS EMERGING PARTNERS II LPPrivate fundPrivate Equity Fund, IA
Jan 20, 2012 to presentfactForm ADV
→ BAY HILLS CAPITAL PARTNERS IV, LPPrivate fundPrivate Equity Fund, IA
Mar 29, 2019 to presentfactForm ADV
→ BAY HILLS CAPITAL PARTNERS II LPPrivate fundPrivate Equity Fund, IA
Jan 20, 2012 to presentfactForm ADV
→ BAY HILLS CAPITAL PARTNERS I L.P.Private fundPrivate Equity Fund, IA
Jan 20, 2012 to presentfactForm ADV
→ BAY HILLS CAPITAL PARTNERS VI-A, L.P.Private fundPrivate Equity Fund, IA
Mar 28, 2024 to presentfactForm ADV
→ BAY HILLS CAPITAL PARTNERS III L.P.Private fundPrivate Equity Fund, IA
Mar 28, 2014 to presentfactForm ADV
→ BAY HILLS CAPITAL PARTNERS IV-A, LPPrivate fundPrivate Equity Fund, IA
Mar 31, 2022 to presentfactForm ADV
→ BAY HILLS CAPITAL PARTNERS V, LPPrivate fundPrivate Equity Fund, IA
Mar 31, 2022 to presentfactForm ADV

Controls (1)

← MANSBRIDGE, LANCE, DAVIDOwnerMANAGING PARTNER, ownership code E, individual
Jan 20, 2012 to Mar 28, 2024factForm ADV

Owns (2)

← BELOHLAV, BRETOwnerPARTNER, ownership code NA, individual
Jan 6, 2017 to Mar 28, 2024factForm ADV
← Robertson, Kellen, DavidOwnerCCO, ownership code NA, individual
Mar 28, 2023 to Mar 28, 2024factForm ADV

Dated events

Occurred
Mar 31, 2026
Regulatory AUM changed
Bay Hills Capital Management, Llc reported RAUM $569.8M, down 35% from $873.7M (2025-05-01 to 2026-03-31)
Form ADVobserved 5 days ago
$-304M
Occurred
Mar 31, 2022
Regulatory AUM changed
Bay Hills Capital Management, Llc reported RAUM $780.6M, up 26% from $617.1M (2022-03-02 to 2022-03-31)
Form ADVobserved 5 days ago
$164M

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:b3931475-c39f-408f-ef43-0bfc11a0342a
First observed: Jan 20, 2012
Last observed: Mar 31, 2026 5 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

BAY HILLS CAPITAL MANAGEMENT, LLC

CRD 158603

SAN FRANCISCO, CA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:b3931475-c39f-408f-ef43-0bfc11a0342a

Data as of Mar 31, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 2:51 PM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

BAY HILLS CAPITAL PARTNERS IV, LP

Private Equity Fund

$200M

Mar 28, 2024

102

Mar 29, 2019

reported

021-316492

BAY HILLS CAPITAL PARTNERS V, LP

Private Equity Fund

$154M

Mar 28, 2024

148

Mar 31, 2022

reported

021-401477

BAY HILLS CAPITAL PARTNERS III L.P.

Private Equity Fund

$145M

Mar 28, 2024

Mar 28, 2014

reported

021-227785

BAY HILLS EMERGING PARTNERS II LP

Private Equity Fund

$119M

Mar 28, 2024

Jan 20, 2012

reported

n/a

BAY HILLS EMERGING PARTNERS III L.P.

Private Equity Fund

$110M

Mar 28, 2024

Mar 28, 2014

reported

021-245220

BAY HILLS EMERGING PARTNERS II B LP

Private Equity Fund

$79.4M

Mar 28, 2024

Jan 20, 2012

reported

n/a

BAY HILLS CAPITAL PARTNERS II LP

Private Equity Fund

$76.1M

Mar 28, 2024

Jan 20, 2012

reported

021-214431

BAY HILLS CAPITAL PARTNERS SPV, LLC

Private Equity Fund

$66.7M

Mar 28, 2024

Mar 31, 2022

reported

021-400700

BAY HILLS CAPITAL PARTNERS VI, L.P.

Private Equity Fund

$10.5M

Mar 28, 2024

reported

021-478798

BAY HILLS CAPITAL PARTNERS IV-A, LP

Private Equity Fund

$8.6M

Mar 28, 2024

Mar 31, 2022

reported

021-387870

BAY HILLS EMERGING PARTNERS I LP

Private Equity Fund

$6.5M

Mar 28, 2024

Jan 20, 2012

reported

n/a

BAY HILLS CAPITAL PARTNERS V-A, LP

Private Equity Fund

$6.2M

Mar 28, 2024

reported

021-413255

BAY HILLS CAPITAL PARTNERS I L.P.

Private Equity Fund

$4.9M

Mar 28, 2024

Jan 20, 2012

reported

n/a

BAY HILLS CAPITAL PARTNERS VI-A, L.P.

Private Equity Fund

$123,838

Mar 28, 2024

reported

021-478793

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

MANSBRIDGE, LANCE, DAVID

MANAGING PARTNER

yes

09/2006

Jan 20, 2012

Mar 28, 2024

BELOHLAV, BRET

Partner

01/2021

Jan 6, 2017

Mar 28, 2024

Robertson, Kellen, David

Cco

01/2023

Mar 28, 2023

Mar 28, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

BHCP GP I, LLC

n/a

yes

n/a

BHCP GP II, LLC

n/a

yes

n/a

BHCP GP III, LLC

n/a

yes

n/a

BHCP GP IV-A, LLC

n/a

yes

n/a

BHCP GP IV, LLC

n/a

yes

n/a

BHCP GP SPV, LLC

n/a

yes

n/a

BHCP GP V-A, LLC

n/a

yes

n/a

BHCP GP V, LLC

n/a

yes

n/a

BHCP GP VI-A, LLC

n/a

yes

n/a

BHCP GP VI, LLC

n/a

yes

n/a

BHEP GP I, LLC

n/a

yes

n/a

BHEP GP II-B, LLC

n/a

yes

n/a

BHEP GP II, LLC

n/a

yes

n/a

BHEP GP III, LLC

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 31, 2026

$570M

n/a

2024

Jan 21, 2025

$864M

n/a

2023

Mar 28, 2024

$864M

$987M

2022

Mar 28, 2023

$781M

$837M

2021

Mar 31, 2022

$781M

$837M

2020

Mar 24, 2021

$617M

$747M

2019

Mar 20, 2020

$590M

$643M

2018

Mar 29, 2019

$552M

$658M

2017

Mar 21, 2018

$516M

$579M

2016

Mar 22, 2017

$515M

n/a

$539M

2015

Mar 28, 2016

$750M

n/a

$522M

2014

Mar 9, 2015

$452M

n/a

$452M

2013

Mar 28, 2014

$431M

n/a

$431M

2012

Mar 27, 2013

$285M

n/a

$156M

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$570M

$864M

-34.1%

$781M

-10.0%