# Blueline Capital

> Blueline Capital is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 26, 2026.

- CRD: 338340
- Filed as: BLUELINE CAPITAL
- Legal name: Blueline Capital Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: June 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/338340
- AdvisorCensus page: https://advisorcensus.com/firm/blueline-capital-san-francisco-ca-338340

## Quick answers

**How is Blueline Capital compensated?**
On its Form ADV (Item 5.E, October 2026), Blueline Capital reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other.

**How much does Blueline Capital charge?**
Its Form ADV Part 2A brochure dated June 26, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Blueline Capital located?**
Blueline Capital's principal office is in San Francisco, CA, according to its Form ADV.

**Is Blueline Capital registered with the SEC or a state?**
Blueline Capital is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 338340.

**How much does Blueline Capital manage?**
Blueline Capital reports $240,437,028 in regulatory assets under management in its Form ADV filing dated June 26, 2026 (100% discretionary).

**What types of clients does Blueline Capital serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does Blueline 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/338340

**What changed in Blueline Capital's recent Form ADV filings?**
In the December 2025 filing data: Began filing reports as an exempt reporting adviser.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated June 26, 2026)

- Asset-based fee: 2% of assets a year

> Blueline charges each Fund a management fee (the “Management Fee”), generally 2% per annum of each limited partner’s commitments.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $240,437,028
- Discretionary: $240,437,028
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $240,437,028 |

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

### Firm details
- Registered since: 2026 (0 years)
- Employees: 7 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- bluelinelp.com
- LinkedIn @bluelinelp

## Changes in the filing (last 12 months)

### December 2025
- Began filing reports as an exempt reporting adviser.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Blueline Capital (CRD 338340): Form ADV filing data as of October 2026.