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.

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SEC-registered adviser

B•• C••••••

Asset manager (funds and pooled vehicles)Atlanta, GeorgiaCRD 292983SEC 801-112753websiteIAPD
Legal name B•• C••••••• L••
Latest filing Mar 25, 2026
First filing on the tape Mar 2, 2018 · 15 filings
SEC status approved since Apr 2, 2018
RAUM
$1.3B
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
50
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
61
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$1.3B as of Mar 25, 2026
Mar 6, 2019$90.4M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 25, 2026
Mar 6, 20190 then
Employees (5.A)50 as of Mar 25, 2026
Mar 6, 201913 then
Private funds61 as of Mar 25, 2026
Mar 6, 20195 then
RAUM +18% over the last fiscal year+11% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 25, 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
$20.8MderivedRAUM 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
+18%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 vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
$1.3B, 62 clientsreportedItem 9.A
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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.1B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
62reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$1.3B for 62 clientsreported
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
      50 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      P•••••••• V•••••• F••• 5•••• L•Private Equity Fund$190M353Mar 31, 2021
      B•• C•••••• V•••••• F••• I••••• L•Private Equity Fund$97.6M173May 10, 2018
      P•••••••• S••••••• E••••• I••••• L••Venture Capital Fund$97.6M291Mar 30, 2023
      B•• C•••••• 2••• S••••• D••• F••• I•••••• L••no longer reportedPrivate Equity Fund$43.1M155Nov 17, 2021
      P•••••••• A•••• F••• 4••••• L•Private Equity Fund$34.9M153Mar 30, 2023
      B•• C•••••• V•••••• F••• I•• L•Private Equity Fund$33.4M100May 10, 2018
      P•••••••• V•••••• F••• 5• L•Private Equity Fund$31.9M94Mar 31, 2021
      B•• C•••••• M••• F••• I•••••• L•Private Equity Fund$27.2M70Mar 30, 2020
      P•••••••• A•••• F••• 4•••• L•Venture Capital Fund$26.1M114Mar 30, 2022
      B•• C•••••• M••• F••• I••••• L•Private Equity Fund$26.0M69Mar 6, 2019
      B•• C•••••• M••• F••• I••••••• L•Private Equity Fund$23.3M71Mar 31, 2021
      B•• C•••••• 2••• M•••• E••••• V••• L••Venture Capital Fund$23.2M83Nov 17, 2021
      P•••••••• T••••• A••••••••• I•••• L•Venture Capital Fund$22.7M119Mar 30, 2022
      B•• C•••••• H••••• C••••••••• N•••• L••Venture Capital Fund$21.5M43Nov 17, 2021
      P•••••••• C•••••••• E••••• I••••• L••Venture Capital Fund$17.9M138Mar 30, 2023
      B•• C•••••• 2••• M•••• E••••• X• L••Venture Capital Fund$17.6M94Mar 30, 2023
      P•••••••• A•••• F••• 4•• L•Venture Capital Fund$16.9M93Mar 30, 2023
      B•• C•••••• 2••• S••••• D••• F••• I••• L••no longer reportedPrivate Equity Fund$16.7M96Nov 17, 2021
      B•• C•••••• M••• F••• I•• L•Private Equity Fund$16.6M69Mar 6, 2019
      B•• V••••••• 2••• M•••• E••••• X•••••• L••Venture Capital Fund$16.2M41Mar 29, 2024
      P•••••••• S••••••• E••••• I••••• L••Venture Capital Fund$16.2M86Mar 30, 2023
      B•• C•••••• M••• F••• I••• L•Private Equity Fund$14.7M70Mar 30, 2020
      B•• C•••••• H••••• E••••• I•• L••Venture Capital Fund$14.6M10Nov 17, 2021
      B•• C•••••• M••• F••• I•••• L•Private Equity Fund$14.3M55Mar 31, 2021
      B•• V••••••• 2••• M•••• E••••• X•••••• L••Venture Capital Fund$14.2M65Mar 29, 2024
      P•••••••• 2••• M•••• E••••• X••••• L••Venture Capital Fund$11.6M100Mar 29, 2024
      B•• C•••••• M••• F•••• L•Private Equity Fund$10.8M94Mar 6, 2019
      P•••••••• T••••• A••••••••• I• L•Venture Capital Fund$8.7M63Mar 30, 2022
      B•• C•••••• C•••••••• C••••••••• N••• I• L••no longer reportedVenture Capital Fund$8.7M3Nov 17, 2021
      B•• C•••••• A•••••••• S••••• E••• L••Venture Capital Fund$6.8M46Nov 17, 2021
      B•• C•••••• C•••••••• C••••••••• N••• I• L••Venture Capital Fund$6.5M3Mar 30, 2023
      P•••••••• A•••• F••• 4• L•Private Equity Fund$6.2M44Mar 30, 2022
      B•• C•••••• P•• E••••• I•• L••Venture Capital Fund$5.6M68Nov 17, 2021
      P•••••••• S••••••• E••••• I•••• L••Venture Capital Fund$4.8M218Mar 30, 2023
      P•••••••• 2••• M•••• E••••• X••••• L••Venture Capital Fund$3.8M56Mar 29, 2024
      P•••••••• C•••••••• E••••• I••••• L••Venture Capital Fund$3.2M49Mar 30, 2023
      P•••••••• M••••••• E••••• I• L••Venture Capital Fund$3.0M31Mar 30, 2023
      B•• C•••••• P•• C••••••••• N•••• L••Venture Capital Fund$2.7M32Nov 17, 2021
      B•• C•••••• W••••••• S••••• D••• I•• L••Private Equity Fund$2.5M54Nov 17, 2021
      P•••••••• E•••••• E••••• I• L••Venture Capital Fund$2.2M43Mar 30, 2023
      All funds of B•• C••••••
      Owners and control persons
      Schedule A and B, latest filing
      • B••••••••• M•••• A••••• · Ceocontrol
        since 01/2018 · owns less than 5%
      • B••••••••• M•••• A••••• · Member And Elected Managercontrol
        since 01/2018 · owns 75% or more of B•••••• L••
      • F••••••••• M•••• A••••••• · Coo
        since 01/2018 · owns less than 5%
      • K••••••• T•••• E••• · Cco And Cfo
        since 01/2018 · owns less than 5%
      Entity owners
      • B•••••• L•• · Owner
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      Advisers that list B•• C•••••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • many private funds relative to firm sizeStatic outlier · filing Mar 25, 2026
        private funds per $1B of RAUM of 47.3 against a peer median of 4.3 (953 comparable advisers, 100.0th percentile, 13.8 robust deviations)
        peers: asset managers, $1B to $5B (953) · 100% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 54 to 62
        Mar 28, 2025 to Mar 25, 2026
      • Advisory employees · 13 to 10
        Mar 28, 2025 to Mar 25, 2026
      • Pooled vehicle clients · 53 to 61
        Mar 28, 2025 to Mar 25, 2026
      • Assets in custody · $1.1B to $1.3B
        Mar 28, 2025 to Mar 25, 2026
      • Employees · 43 to 50
        Mar 28, 2025 to Mar 25, 2026
      • Private funds · 53 to 61
        Mar 28, 2025 to Mar 25, 2026
      • Discretionary RAUM · $1.1B to $1.3B
        Mar 28, 2025 to Mar 25, 2026
      • Pooled vehicle RAUM · $1000M to $1.1B
        Mar 28, 2025 to Mar 25, 2026
      • RAUM · $1.1B to $1.3B
        Mar 28, 2025 to Mar 25, 2026
      • Accounts · 44 to 54
        Mar 29, 2024 to Mar 28, 2025
      • Advisory employees · 11 to 13
        Mar 29, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 43 to 53
        Mar 29, 2024 to Mar 28, 2025
      • Assets in custody · $1.0B to $1.1B
        Mar 29, 2024 to Mar 28, 2025
      • Employees · 39 to 43
        Mar 29, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Mar 28, 2025
      • Private funds · 43 to 53
        Mar 29, 2024 to Mar 28, 2025
      • Discretionary RAUM · $1.0B to $1.1B
        Mar 29, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $956M to $1000M
        Mar 29, 2024 to Mar 28, 2025
      • RAUM · $1.0B to $1.1B
        Mar 29, 2024 to Mar 28, 2025
      • Accounts · 40 to 44
        Jul 21, 2023 to Mar 29, 2024
      • Advisory employees · 14 to 11
        Jul 21, 2023 to Mar 29, 2024
      • Advisory activities · 1 to 2
        Jul 21, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 40 to 43
        Jul 21, 2023 to Mar 29, 2024
      • Assets in custody · $943M to $1.0B
        Jul 21, 2023 to Mar 29, 2024
      • Employees · 41 to 39
        Jul 21, 2023 to Mar 29, 2024
      • Private funds · 40 to 43
        Jul 21, 2023 to Mar 29, 2024
      • Discretionary RAUM · $943M to $1.0B
        Jul 21, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $943M to $956M
        Jul 21, 2023 to Mar 29, 2024
      • RAUM · $943M to $1.0B
        Jul 21, 2023 to Mar 29, 2024
      • Accounts · 33 to 40
        Mar 30, 2022 to Mar 30, 2023
      • Pooled vehicle clients · 33 to 40
        Mar 30, 2022 to Mar 30, 2023
      • Assets in custody · $741M to $943M
        Mar 30, 2022 to Mar 30, 2023
      • Employees · 28 to 41
        Mar 30, 2022 to Mar 30, 2023
      • Private funds · 33 to 40
        Mar 30, 2022 to Mar 30, 2023
      • Discretionary RAUM · $741M to $943M
        Mar 30, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $741M to $943M
        Mar 30, 2022 to Mar 30, 2023
      • RAUM · $741M to $943M
        Mar 30, 2022 to Mar 30, 2023
      • Accounts · 27 to 33
        Dec 23, 2021 to Mar 30, 2022
      • Advisory employees · 12 to 14
        Dec 23, 2021 to Mar 30, 2022
      • Pooled vehicle clients · 27 to 33
        Dec 23, 2021 to Mar 30, 2022
      Signals
      5 dated events
      • B•• C•••••• reported RAUM $942.6M, up 27% from $741.1M (2022-03-30 to 2023-03-30)
        Mar 30, 2023 · RAUM change · derived
      • B•• C•••••• reported RAUM $741.1M, up 43% from $518.3M (2021-12-23 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      • B•• C•••••• reported RAUM $518.3M, up 78% from $290.6M (2021-03-31 to 2021-11-17)
        Nov 17, 2021 · RAUM change · derived
      • B•• C•••••• reported RAUM $290.6M, up 74% from $166.9M (2020-03-30 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • B•• C•••••• filed its initial SEC registration (Form ADV)
        Mar 2, 2018 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/bipventuresreportedpublic record, Form ADV, Sep 18, 2026
      Website
      bipventures.vcreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      404-410-6476reportedpublic record, Form ADV, Mar 25, 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