DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Bayswater Management Company LP
Latest filing Mar 31, 2026
First filing on the tape Nov 4, 2016 · 15 filings
SEC status approved since Nov 10, 2016
RAUM
$991M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
18
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
6
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$991M as of Mar 31, 2026
Mar 10, 2017$242M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 10, 20170 then
Employees (5.A)18 as of Mar 31, 2026
Mar 10, 201714 then
Private funds6 as of Mar 31, 2026
Mar 10, 20172 then
RAUM -48% over the last fiscal year-26% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $142MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -48%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$991M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 7reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
5 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Bayswater Natural Resources Fund IV-B, LP | Private Equity Fund | $566M | 18 | Mar 29, 2019 |
| Bayswater Elgin Natural Resources Fund III-B, LP | Private Equity Fund | $417M | 17 | Mar 10, 2017 |
| Bayswater Natural Resources Fund IV-Annex, LP | Private Equity Fund | $251M | 11 | Mar 31, 2022 |
| Bayswater Elgin Natural Resources Fund III-A, LP | Private Equity Fund | $244M | 65 | Mar 10, 2017 |
| Bayswater Natural Resources Fund IV-A, LP | Private Equity Fund | $217M | 42 | Mar 29, 2019 |
Owners and control persons
Schedule A and B, latest filing
- Stephen Lynn Belcher · Limited Partnercontrolsince 09/2016 · owns 10% to 25%
- Michael Stephen Struna · Limited Partnercontrolsince 09/2016 · owns 25% to 50%
- Anthony Victor Wind · Chief Compliance Officercontrolsince 09/2016 · owns 5% to 10%
- Stephen Lynn Belcher · Membercontrolsince 09/2016 · owns 25% to 50% of Bayswater Management Gp, LLC
- Michael Stephen Struna · Membercontrolsince 09/2016 · owns 25% to 50% of Bayswater Management Gp, LLC
- William John Arsenault · Limited Partnersince 09/2016 · owns 5% to 10%
- Wayne Donald Barbula · Limited Partnersince 09/2016 · owns 5% to 10%
- Edwin John Dyer · Limited Partnersince 09/2016 · owns 5% to 10%
Entity owners
- Bayswater Management Gp, LLC · General Partner Of The Adviserdirect · owns less than 5%
Related persons
Schedule D 7.A
- Bayswater Fund III-A Gp, LLCpooled vehicle sponsory
- Bayswater Fund III-B Gp, LLCpooled vehicle sponsory
- Bayswater Fund IV-A Gp, LLCpooled vehicle sponsory
- Bayswater Fund IV-Annex Gp, LLCpooled vehicle sponsory
- Bayswater Fund IV-B Gp, LLCpooled vehicle sponsory
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM down 25 %Change between filings · filing Mar 31, 2026RAUM (Item 5.F) moved from $1,888,828,123 to $991,480,270 (-48.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +8.0% (673 comparable advisers, 1.0th percentile of changes)peers: asset managers, $500M to $1B (673) · 0.9% percentile
What changed
consecutive filings, newest first
- Advisory employees · 7 to 6Mar 31, 2025 to Mar 31, 2026
- Employees · 25 to 18Mar 31, 2025 to Mar 31, 2026
- Financial planning clients · to 0Mar 31, 2025 to Mar 31, 2026
- Discretionary RAUM · $1.9B to $991MMar 31, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $1.9B to $991MMar 31, 2025 to Mar 31, 2026
- RAUM · $1.9B to $991MMar 31, 2025 to Mar 31, 2026
- Accounts · 6 to 7Mar 29, 2024 to Mar 31, 2025
- Advisory employees · 8 to 7Mar 29, 2024 to Mar 31, 2025
- Pooled vehicle clients · 6 to 7Mar 29, 2024 to Mar 31, 2025
- Employees · 26 to 25Mar 29, 2024 to Mar 31, 2025
- Financial planning clients · unset to Mar 29, 2024 to Mar 31, 2025
- Private funds · 5 to 6Mar 29, 2024 to Mar 31, 2025
- Discretionary RAUM · $1.8B to $1.9BMar 29, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $1.8B to $1.9BMar 29, 2024 to Mar 31, 2025
- RAUM · $1.8B to $1.9BMar 29, 2024 to Mar 31, 2025
- Advisory employees · 6 to 8Mar 31, 2023 to Mar 29, 2024
- Employees · 25 to 26Mar 31, 2023 to Mar 29, 2024
- Discretionary RAUM · $2.5B to $1.8BMar 31, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $2.5B to $1.8BMar 31, 2023 to Mar 29, 2024
- RAUM · $2.5B to $1.8BMar 31, 2023 to Mar 29, 2024
- Employees · 26 to 25May 18, 2022 to Mar 31, 2023
- Discretionary RAUM · $2.0B to $2.5BMay 18, 2022 to Mar 31, 2023
- Pooled vehicle RAUM · $2.0B to $2.5BMay 18, 2022 to Mar 31, 2023
- RAUM · $2.0B to $2.5BMay 18, 2022 to Mar 31, 2023
- Accounts · 5 to 6Mar 31, 2021 to Mar 31, 2022
- Advisory employees · 7 to 6Mar 31, 2021 to Mar 31, 2022
- Pooled vehicle clients · 5 to 6Mar 31, 2021 to Mar 31, 2022
- Employees · 27 to 26Mar 31, 2021 to Mar 31, 2022
- Private funds · 4 to 5Mar 31, 2021 to Mar 31, 2022
- Discretionary RAUM · $1.1B to $2.0BMar 31, 2021 to Mar 31, 2022
- Pooled vehicle RAUM · $1.1B to $2.0BMar 31, 2021 to Mar 31, 2022
- RAUM · $1.1B to $2.0BMar 31, 2021 to Mar 31, 2022
- Advisory employees · 11 to 7May 8, 2020 to Mar 31, 2021
- Employees · 21 to 27May 8, 2020 to Mar 31, 2021
- Discretionary RAUM · $1.2B to $1.1BMay 8, 2020 to Mar 31, 2021
- Pooled vehicle RAUM · $1.2B to $1.1BMay 8, 2020 to Mar 31, 2021
- RAUM · $1.2B to $1.1BMay 8, 2020 to Mar 31, 2021
- Discretionary RAUM · $1.4B to $1.2BMar 25, 2020 to May 8, 2020
- Pooled vehicle RAUM · $1.4B to $1.2BMar 25, 2020 to May 8, 2020
- RAUM · $1.4B to $1.2BMar 25, 2020 to May 8, 2020
Signals
7 dated events
- Bayswater Management Company Lp reported RAUM $991.5M, down 48% from $1.9B (2025-03-31 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- Bayswater Management Company Lp reported RAUM $1.8B, down 27% from $2.5B (2023-03-31 to 2024-03-29)Mar 29, 2024 · RAUM change · derived
- Bayswater Management Company Lp reported RAUM $2.0B, up 85% from $1.1B (2021-03-31 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- Bayswater Management Company Lp reported RAUM $1.4B, up 120% from $638.9M (2019-03-29 to 2020-03-25)Mar 25, 2020 · RAUM change · derived
- Bayswater Management Company Lp reported RAUM $638.9M, up 31% from $486.5M (2018-03-26 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
- Bayswater Management Company Lp reported RAUM $486.5M, up 101% from $242.1M (2017-07-05 to 2018-03-26)Mar 26, 2018 · RAUM change · derived
- Bayswater Management Company Lp filed its initial SEC registration (Form ADV)Nov 4, 2016 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Bayswater Management Company LP · Independent Sponsorsshared crd · capital_provider
- Bayswater Management Company LP · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/bayswater-exploration-&-production-llcreportedpublic record, Form ADV, Sep 17, 2026
- Website
- BAYSWATER.USreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 303-893-2503reportedpublic record, Form ADV, Mar 31, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026