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••• S•• G•• L••

Asset manager (funds and pooled vehicles)Frisco, TexasCRD 298964SEC 801-128484websiteIAPD
Latest filing Jun 30, 2026
First filing on the tape Jun 30, 2023 · 7 filings
SEC status approved since Jul 31, 2023
RAUM
$1.1B
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
20
17 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
17
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$1.1B as of Jun 30, 2026
Mar 29, 2024$767M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 30, 2026
Mar 29, 20240 then
Employees (5.A)20 as of Jun 30, 2026
Mar 29, 202419 then
Private funds17 as of Jun 30, 2026
Mar 29, 202416 then
RAUM -12% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Jun 30, 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
$62.1MderivedRAUM 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
-12%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-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
yesreportedItem 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
  • 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • 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$1.1B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
17reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 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
      16 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      B••• I••• L•••Private Equity Fund$186M40Mar 29, 2024
      B•••••••• C•••••••• L•Private Equity Fund$144M5Mar 31, 2023
      B••• I•• L•••Private Equity Fund$120M4Mar 23, 2023
      B•••••••• •••• C•••••••• L•Private Equity Fund$87.9M2Mar 31, 2023
      B••• S••• I••••••••• P•••••••• L•••Private Equity Fund$66.4M3Mar 23, 2023
      B•••••• •••• C•••••••• L•Private Equity Fund$62.1M2Mar 29, 2024
      W•• C•••••• I•• L••Private Equity Fund$54.1M14Mar 31, 2023
      B••••••••• C•••••••• L•Private Equity Fund$43.9M11Mar 31, 2023
      B•••••••• C•••••••• L•Private Equity Fund$36.9M8Mar 29, 2024
      W•• C••••••• L••Private Equity Fund$26.0M13Mar 31, 2023
      R•• C••••••• L••Private Equity Fund$13.5M7Mar 31, 2023
      B••• I• C• C•••••••• L••Private Equity Fund$8.1M8Mar 31, 2023
      B•••••• ••• C•••••••• L•Private Equity Fund$6.2M3Mar 29, 2024
      B••• C•••••••• L••Private Equity Fund$1.9M4Mar 31, 2023
      B••• I• E• C•••••••• L••Private Equity Fund$1.8M5Mar 31, 2023
      R•• C•••••• 2• L••Private Equity Fund$1.5M3Mar 31, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • W•••••••• D•••••• M••• · Ceocontrol
        since 09/2020 · owns less than 5%
      • W•••••••• R•••••• S•••• · Managing Member/Presidentcontrol
        since 05/2018 · owns less than 5%
      • W•••••••• R•••••• S•••• · Sole Membercontrol
        since 05/2018 · owns 75% or more of C•••••• I••• I•••
      • G••••• L•••••• N••••• · Chief Compliance Officer & Controller
        since 06/2023 · owns less than 5%
      Entity owners
      • C•••••• I••• I••• · Sole Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • B••• S••• I••••••••• P••••••• G•• L••
        pooled vehicle sponsorn
      • B••• I• G•• L••
        pooled vehicle sponsorn
      • B••• I•• G•• L••
        pooled vehicle sponsorn
      • B•••••••• C•••••••• G• L••
        pooled vehicle sponsorn
      • B•••••• •••• C•••••••• G• L••
        pooled vehicle sponsorn
      • B•••••• ••• C•••••••• G• L••
        pooled vehicle sponsorn
      • B••••••••• C•••••••• G• L••
        pooled vehicle sponsorn
      • B•••••••• •••• C•••••••• G• L••
        pooled vehicle sponsorn
      • B•••••••• C•••••••• G• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 18 to 17
        May 23, 2025 to Mar 31, 2026
      • Advisory employees · 20 to 17
        May 23, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 18 to 17
        May 23, 2025 to Mar 31, 2026
      • Employees · 23 to 20
        May 23, 2025 to Mar 31, 2026
      • Private funds · 18 to 17
        May 23, 2025 to Mar 31, 2026
      • Discretionary RAUM · $1.2B to $1.1B
        May 23, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $1.2B to $1.1B
        May 23, 2025 to Mar 31, 2026
      • RAUM · $1.2B to $1.1B
        May 23, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Mar 31, 2025 to May 23, 2025
      • Accounts · 16 to 18
        Apr 30, 2024 to Mar 31, 2025
      • Advisory employees · 15 to 20
        Apr 30, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 16 to 18
        Apr 30, 2024 to Mar 31, 2025
      • Employees · 19 to 23
        Apr 30, 2024 to Mar 31, 2025
      • Private funds · 16 to 18
        Apr 30, 2024 to Mar 31, 2025
      • Discretionary RAUM · $767M to $1.2B
        Apr 30, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $767M to $1.2B
        Apr 30, 2024 to Mar 31, 2025
      • RAUM · $767M to $1.2B
        Apr 30, 2024 to Mar 31, 2025
      • Accounts · 12 to 16
        Jun 30, 2023 to Mar 29, 2024
      • Advisory employees · 14 to 15
        Jun 30, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 12 to 16
        Jun 30, 2023 to Mar 29, 2024
      • Employees · 17 to 19
        Jun 30, 2023 to Mar 29, 2024
      • Private funds · 24 to 16
        Jun 30, 2023 to Mar 29, 2024
      • Discretionary RAUM · $337M to $767M
        Jun 30, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $337M to $767M
        Jun 30, 2023 to Mar 29, 2024
      • RAUM · $337M to $767M
        Jun 30, 2023 to Mar 29, 2024
      Signals
      3 dated events
      • B••• S•• G•• L•• reported RAUM $1.2B, up 56% from $767.4M (2024-04-30 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • B••• S•• G•• L•• reported RAUM $767.4M, up 128% from $337.3M (2023-06-30 to 2024-03-29)
        Mar 29, 2024 · RAUM change · derived
      • B••• S•• G•• L•• filed its initial SEC registration (Form ADV)
        Jun 30, 2023 · 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/blue-star-innovation-partnersreportedpublic record, Form ADV, Sep 18, 2026
      Website
      bsipgp.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      469-421-8060reportedpublic record, Form ADV, Jun 30, 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