Investment adviser · CRD 158603

BAY HILLS CAPITAL MANAGEMENT, LLC

Investment adviser filing (IA)

SAN FRANCISCO, CA, United States · Form ADV filed Mar 31, 2026

Regulatory AUM: $570M
Client accounts: 10
Employees: 7
Advisory professionals: 5

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	10	$569,785,000	100.0%

Filing source

Form ADV 2089778 · Mar 31, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

14 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

BAY HILLS CAPITAL PARTNERS IV, LPPrivate Equity Fund · Last reported Mar 31, 2026$263MGross asset value

Form D fundraising filings

BAY HILLS CAPITAL PARTNERS IV, L.P.

Fund administrator ADURO ADVISORS, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, P.C. SAN FRANCISCO, California, United States

Custodian SILICON VALLEY BANK MENLO PARK, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

BDO USA, P.C.
PCAOB 243

Fund details & source

Fund ID: 805-4111000344
Reported beneficial owners: 104
Minimum commitment: $1M
Form D file number: 021-316492

Form ADV 2089778 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BAY HILLS CAPITAL PARTNERS V, LPPrivate Equity Fund · Last reported Mar 31, 2026$202MGross asset value

Form D fundraising filings

BAY HILLS CAPITAL PARTNERS V, L.P.

Fund administrator ADURO ADVISORS, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, P.C. SAN FRANCISCO, California, United States

Custodian SILICON VALLEY BANK MENLO PARK, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

BDO USA, P.C.
PCAOB 243

Fund details & source

Fund ID: 805-6818783526
Reported beneficial owners: 148
Minimum commitment: $1M
Form D file number: 021-401477

Form ADV 2089778 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BAY HILLS CAPITAL PARTNERS III L.P.Private Equity Fund · Last reported Mar 31, 2026$151MGross asset value

Form D fundraising filings

BAY HILLS CAPITAL PARTNERS III, L.P.

Fund administrator 145559324 DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, P.C. SAN FRANCISCO, California, United States

Custodian SILICON VALLEY BANK MENLO PARK, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

BDO USA, P.C.
PCAOB 243

Fund details & source

Fund ID: 805-6578537265
Reported beneficial owners: 30
Minimum commitment: $1M
Form D file number: 021-227785

Form ADV 2089778 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BAY HILLS EMERGING PARTNERS II LPPrivate Equity Fund · Last reported Mar 31, 2026$106MGross asset value

Fund administrator ADURO ADVISORS, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, P.C. SAN FRANCISCO, California, United States

Custodian SILICON VALLEY BANK MENLO PARK, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

BDO USA, P.C.
PCAOB 243

Fund details & source

Fund ID: 805-3692189049
Reported beneficial owners: 2
Minimum commitment: $1M

Form ADV 2089778 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BAY HILLS EMERGING PARTNERS III L.P.Private Equity Fund · Last reported Mar 31, 2026$94.8MGross asset value

Fund administrator ADURO ADVISORS, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, P.C. SAN FRANCISCO, California, United States

Custodian SILICON VALLEY BANK MENLO PARK, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

BDO USA, P.C.
PCAOB 243

Fund details & source

Fund ID: 805-1322158696
Reported beneficial owners: 2
Minimum commitment: $1M

Form ADV 2089778 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BAY HILLS CAPITAL PARTNERS SPV, LLCPrivate Equity Fund · Last reported Mar 31, 2026$94.7MGross asset value

Form D fundraising filings

BAY HILLS CAPITAL PARTNERS SPV, LLC

Fund administrator ADURO ADVISORS, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, P.C. SAN FRANCISCO, California, United States

Custodian SILICON VALLEY BANK MENLO PARK, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

BDO USA, P.C.
PCAOB 243

Fund details & source

Fund ID: 805-2151443262
Reported beneficial owners: 2
Minimum commitment: $1M
Form D file number: 021-400700

Form ADV 2089778 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BAY HILLS CAPITAL PARTNERS II LPPrivate Equity Fund · Last reported Mar 31, 2026$73.7MGross asset value

Form D fundraising filings

BAY HILLS CAPITAL PARTNERS II, L.P.

Fund administrator ADURO ADVISORS, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, P.C. SAN FRANCISCO, California, United States

Custodian SILICON VALLEY BANK MENLO PARK, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

BDO USA, P.C.
PCAOB 243

Fund details & source

Fund ID: 805-4330439304
Reported beneficial owners: 23
Minimum commitment: $1M
Form D file number: 021-214431

Form ADV 2089778 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Pooled investment vehicle management · Selection of other advisers

Compensation

Percentage of assets · Performance-based

Principal office

435 PACIFIC AVE, SUITE 400
SAN FRANCISCO, CA, 94133, United States

CRD 158603

Filing source

Form ADV 2089778 · Mar 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.