# Blue Sage Capital

> Blue Sage Capital is an SEC-registered investment advisory firm in Austin, TX, registered since 2018, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 22, 2026.

- CRD: 297282
- Filed as: BLUE SAGE CAPITAL
- Legal name: Blue Sage Services, L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Austin, TX
- Filing period: October 2026
- Form ADV filing dated: May 22, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/297282
- AdvisorCensus page: https://advisorcensus.com/firm/blue-sage-capital-austin-tx-297282

## Quick answers

**How is Blue Sage Capital compensated?**
On its Form ADV (Item 5.E, October 2026), Blue Sage Capital reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Blue Sage Capital located?**
Blue Sage Capital's principal office is in Austin, TX, according to its Form ADV.

**Is Blue Sage Capital registered with the SEC or a state?**
Blue Sage Capital is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 297282.

**How much does Blue Sage Capital manage?**
Blue Sage Capital reports $1,255,383,524 in regulatory assets under management in its Form ADV filing dated May 22, 2026 (100% discretionary).

**How have Blue Sage Capital's assets and staff changed since 2021?**
In the Form ADV data for Blue Sage Capital: Regulatory assets under management: $470,462,186 in the October 2021 data and $1,255,383,524 in the October 2026 data, up 167%. Total employees: 13 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Blue Sage Capital serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5).

**Does Blue Sage Capital report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/297282

**What changed in Blue Sage Capital's recent Form ADV filings?**
In the June 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $1,255,383,524
- Discretionary: $1,255,383,524
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $1,255,383,524 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2018 (8 years)
- Employees: 16 total, 15 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- bluesage.com
- LinkedIn @BLUE-SAGE-CAPITAL
- X @BLUESAGECAPITAL

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $470,462,186 | 13 | March 10, 2021 |
| October 2022 | $487,117,626 | 13 | March 28, 2022 |
| October 2023 | $398,447,218 | 13 | March 30, 2023 |
| October 2024 | $466,775,564 | 14 | March 27, 2024 |
| October 2025 | $991,176,127 | 13 | March 31, 2025 |
| October 2026 | $1,255,383,524 | 16 | May 22, 2026 |

Regulatory assets under management: $470,462,186 in the October 2021 data and $1,255,383,524 in the October 2026 data, up 167%.
Total employees: 13 in October 2021 and 16 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 12 to 15.
- Regulatory assets under management went from $991,176,127 to $1,255,383,524 (+27%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Blue Sage Capital (CRD 297282): Form ADV filing data as of October 2026.