Broadlight Capital Management, LLC
BroadLight Capital — Partnering with exceptional founders building the future.
- Regulatory AUM
- $288M
- PE fund assets
- $221M
- PE funds
- 4
- Investments held
- 0 of 14
7 additional team members, 2 additional counterparties and placement agents, 15 additional funds, deals and LP commitments
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 180 days. Last change: 20 Oct 2022, Filed a Form D on 20 Oct 2022, the first public sign that a vehicle is taking commitments.
People to know
View all people- Managing PartnerWhy: Managing partner: runs the firmProfile
- Co-Founder & General PartnerWhy: Founder of the firmProfile
- PartnerWhy: Partner: part of the investment decisionProfile
Capital path
who backs this record, through what, into what; each name opens its own path- Regiment Securities, LLC.placement agent, 3 shared
- Pickwick Capital Partners, LLCplacement agent, 3 shared
- Digital Investments and Strategies, S.A.placement agent, 3 shared
Relationship network
34 connected entities
From announced deals and their parties, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the private equity graph. Dollar figures appear only where a source disclosed one.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the deals and sources behind it. Line weight is deals together; dashed lines are inferred.
- Company
- Service provider
- Fund or vehicle
- Person
›How strength and recency are read
Strength is read from the deals: three or more is a strong observed relationship, two a repeat counterparty, one a single interaction. People and vehicles are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Classification, Form ADV and stated criteria
Classification, Form ADV and stated criteria
How this organization is classified, and on what basisBuyout firm · 2 in historyShowHide
- Class
- Buyout firmconfirmed, confidence 85%
- Basis
- 4 of 6 distinct vehicles are sworn Private Equity Funds; 4 reported gross assets on a filing in 2022 or later
- Size band
- Lower middle marketdefined by: proxy: $0.22bn Private Equity Fund GAV on the Form ADV filed 2026-03-30
Classification history (2)
- Sep 23, 2026Buyout firm (confirmed, 85%)4 of 6 distinct vehicles are sworn Private Equity Funds; 4 reported gross assets on a filing in 2022 or later
- Sep 13, 2026Buyout firm (confirmed, 85%)4 of 4 distinct vehicles are sworn Private Equity Funds; 4 reported gross assets on a filing in 2022 or later
Regulatory footprint (Form ADV)RAUM $288M · 4 PE funds · filed Mar 30, 2026ShowHide
- Adviser type
- Registered investment adviser
- Form ADV filings
- Jun 2, 2021 to Mar 30, 2026
- RAUM
- $288Mregulatory assets under management of the adviser; not dry powder, not a fund size
- PE funds, latest filing
- 4
- PE fund GAV, latest filing
- $221Mreported gross assets (Form ADV), not fund size
- All private fund GAV
- $288Mevery private fund type, latest filing
- 2024 PE fund GAV
- $221Msum over funds typed Private Equity Fund with a 2024 or later as-of date
- PE share of funds, lifetime
- 67%
- Fund type mix
- Private equity fund: 4 funds, $221M reported gross assets
- Other private fund: 2 funds, $66.7M reported gross assets
- Employees
- 6
- Headquarters
- Greenwich, CT
Stated criteria beside observed behaviour2 of 8 criteria stated · 14 observed dealsShowHide
- Sectors
- Distribution, technology
- Geography
- not stated or not yet read
- Revenue
- not stated or not yet read
- EBITDA
- not stated or not yet read
- Enterprise value
- not stated or not yet read
- Equity check
- not stated or not yet read
- Control
- not stated or not yet read
- Thesis
- BroadLight invests in high-growth technology companies and accelerates their distribution through collaboration with the most influential voices in culture.
- On record
- 14 companies, 14 holdings
- Most deals
- Software (1 of 14, e.g. Ramp)
- Subsectors
- Vertical software (1 of 14)
- Deal roles
- 14 with role not stated
- Control
- 14 not stated
- Where
- Ca (1 of 14)
14 companies on the graph (0 transactions); most in software (1); no dated observations
Funds
How vehicles are groupedFeeders, parallels, executive funds, alternative investment vehicles and lettered sleeves are folded under the fund they belong to, read from the vehicle names. Deal-by-deal co-investment vehicles are pooled. Current funds come first: families are ordered by vintage, newest first, among those holding at least a twentieth of the largest family’s assets, then by size. The figure is the sum of each vehicle’s latest reported gross assets on Form ADV, not a fund size.Broadlight Capital Partners Fund I · 3 vehicles · vintage 2021$219M
- Broadlight Capital Partners Fund I Buyout fund · 2021$108M
- Broadlight Capital Partners Fund I-A Buyout fund · 2021$87.0M
- Broadlight Capital Partners Fund I-B Buyout fund · 2021$24.7M
Decision makers
- David Austin Dorfman · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-09-17, confidence 90%
- Rick Yorn · Co-Founder & General PartnerWhy this person: Founder of the firm; Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-09-17, confidence 90%
- Kevin Yorn · PartnerWhy this person: Partner: part of the investment decision; Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-09-17, confidence 90%
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 3 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Team
Where the team comes fromEach row names its source in short; hover the source for its full description. Sources on this list: Investment organization websites (team, portfolio, strategy, criteria, news); SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites). A person named by two sources under two spellings is shown once, with both sources.- Co-Founder & General Partner
- Managing Partner · since Jan 1, 2021
- Partner · since Jan 1, 2021
Deals
How deals are mergedOne row per deal. A portfolio relationship and a transaction that describe the same deal (the same transaction, or the same company on the same date) are printed once, with the columns of both. 14 portfolio relationships and 0 transactions are on this record.| Date | Company | Deal | This firm’s role | Status | Partner | Source |
|---|---|---|---|---|---|---|
| date unknown | ZeroEyes | Portfolio relationship | Role unknown | unknown | unknown | Fact Firm website |
| date unknown | ElevenLabs | Portfolio relationship | Role unknown | unknown | unknown | Fact Firm website |
| date unknown | Ramp | Portfolio relationship | Role unknown | unknown | unknown | Fact Firm website |
Portfolio credit
Where these figures come fromPortfolio companies matched to a BDC borrower by an identity-graded bridge, read from each BDC’s own schedule of investments: the lenders’ marks, their accrual footnotes, PIK and maturities. Observed, never forecast. Firms whose own BDC lends to the company are left out.- Principal held
- $21.1M
- 1 lenders
- Weighted mark
- 98.8
- +1 pt on the quarter, same 1
- Non-accrual now
- 0
- 0 placed at Jun 30, 2026
- Marked down
- 0
- 2 pts or more on the quarter
- Maturing in 12 months
- 0
- none stated
- 1 portfolio company on a BDC schedule at Jun 30, 2026: 0 with ownership stated current, 1 listed on a portfolio page with no date or status.
- Lenders mark them at 98.8 on cost, weighted by principal (1 borrower with a mark inside the plausible band).
- On the 1 borrower marked at both Mar 31, 2026 and Jun 30, 2026, the weighted mark moved +1 point; 0 fell 2 points or more and 0 rose 2 points or more.
Show the credit outlook: 1 borrowers, 1 lenders, 6 quartersas of Jun 30, 2026
1 borrower is in every figure above and named with Private Credit Intelligence.
1 lender is counted here and named with Private Credit Intelligence.
| Quarter end | Held | Principal | Mark | Non-accrual placed | PIK added or up |
|---|---|---|---|---|---|
| Dec 31, 2024 | 1 | n/a | n/a | 0 | 0 |
| Jun 30, 2025 | 1 | $16.2M | 100.0 | 0 | 0 |
| Sep 30, 2025 | 1 | $16.3M | 100.0 | 0 | 0 |
| Dec 31, 2025 | 1 | $32.8M | 100.5 | 0 | 0 |
| Mar 31, 2026 | 1 | $16.5M | 98.4 | 0 | 0 |
| Jun 30, 2026 | 1 | $21.1M | 98.8 | 0 | 0 |
A look back at today’s portfolio companies, not a record of what the sponsor owned then. Mark is fair value over cost across every position inside the plausible band.
- A mark is the lender's own fair value over cost for the quarter. Below 90 means the lender carries the loan at a discount of 10 or more on the dollar; it is that lender's valuation, not DFX's.
- Two lenders on the same facility 10 points apart are valuing the same loan differently; which one is right is not something a schedule of investments says.
- Non-accrual is read from the BDC's own footnote, never inferred from a mark. PIK is interest the borrower pays in more debt rather than cash.
- No forecast is made here. DFX does not publish a default or distress prediction for a sponsor.
Population: portfolio companies matched to a BDC borrower by an identity-graded bridge, on a BDC schedule of investments at Jun 30, 2026, ownership not recorded as exited. Firms whose own BDC lends to the company, and private credit managers, are left out: that is lending, not ownership. Marks, principal and accrual status are the BDCs' own filed figures; the quarter before is Mar 31, 2026.
Placement agents, lenders, advisers and co-investors
- Regiment Securities, LLC. 3 shared · strong · last Jan 1, 2023
- Pickwick Capital Partners, LLC 3 shared · strong · last Jan 1, 2023
- Digital Investments and Strategies, S.A. 3 shared · strong · last Oct 20, 2022
Placement agents by fund generation
| Agent | Funds | Years | Strategies | Latest generation |
|---|---|---|---|---|
| Regiment Securities, LLC. | 3 | vintage 2021 | Capital Partners | not on the vintage 2023 generation |
| Pickwick Capital Partners, LLC | 3 | vintage 2021 | Capital Partners | not on the vintage 2023 generation |
| Digital Investment and Strategies, S.A. | 3 | vintage 2021 | Capital Partners | not on the vintage 2023 generation |
From Form ADV Schedule D, which names the placement agents on each private fund an adviser reports, year by year.
LP commitments
How LPs are totalledOne line per LP, largest disclosed total first. A commitment that the same LP reports again in a later document is counted once in its total; both documents stay in the full list. Rows repeated line for line from one document are shown once.Events
- Nov 19, 2025November 19, 2025 Function Health Closes $298M Series B at a $2.5B Valuation, Launches Medical Intelligence →
- May 17, 2023May 17, 2023 Kevin and Rick Yorn's Broadlight Capital Launches New Fund →
- Jun 2, 2021Broadlight Capital Management, LLC first filed Form ADV in the extract (IA)
Broadlight Capital Management, LLC is the same institution as 3 records in Independent Sponsors, RIA and Wealth and Private Credit.
DFX found 3 relationships across 3 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Record history
- Firm news2025-11-19source on record
- Firm news2023-05-17source on record
- Adviser first ADV filing2021-06-02source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
Not yet on record: deals, last 12 months.