# Bsip SLP GP, LLC

> Bsip SLP GP, LLC is an SEC-registered investment advisory firm in Frisco, TX, registered since 2023, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 30, 2026.

- CRD: 298964
- Filed as: BSIP SLP GP, LLC
- Also doing business as: BLUE STAR INNOVATION PARTNERS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Frisco, TX
- Filing period: October 2026
- Form ADV filing dated: June 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/298964
- AdvisorCensus page: https://advisorcensus.com/firm/bsip-slp-gp-llc-frisco-tx-298964

## Quick answers

**How is Bsip SLP GP, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Bsip SLP GP, LLC 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 Bsip SLP GP, LLC located?**
Bsip SLP GP, LLC's principal office is in Frisco, TX, according to its Form ADV.

**Is Bsip SLP GP, LLC registered with the SEC or a state?**
Bsip SLP GP, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 298964.

**How much does Bsip SLP GP, LLC manage?**
Bsip SLP GP, LLC reports $1,056,486,148 in regulatory assets under management in its Form ADV filing dated June 30, 2026 (100% discretionary).

**How have Bsip SLP GP, LLC's assets and staff changed since 2023?**
In the Form ADV data for Bsip SLP GP, LLC: Regulatory assets under management: $337,283,505 in the October 2023 data and $1,056,486,148 in the October 2026 data, up 213%. Total employees: 17 in October 2023 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Bsip SLP GP, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (17).

**Does Bsip SLP GP, LLC 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/298964

**What changed in Bsip SLP GP, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 20 to 17. Regulatory assets under management went from $1,199,228,888 to $1,056,486,148 (-12%).

## 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: $1,056,486,148
- Discretionary: $1,056,486,148
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 17 | $1,056,486,148 |

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

### Firm details
- Registered since: 2023 (3 years)
- Employees: 20 total, 17 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)
- [bluestarinnovationpartners.com](https://bluestarinnovationpartners.com)
- [bsipgp.com](https://bsipgp.com)
- LinkedIn @blue-star-innovation-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $337,283,505 | 17 | June 30, 2023 |
| October 2024 | $767,400,192 | 19 | April 30, 2024 |
| October 2025 | $1,199,228,888 | 23 | May 23, 2025 |
| October 2026 | $1,056,486,148 | 20 | June 30, 2026 |

Regulatory assets under management: $337,283,505 in the October 2023 data and $1,056,486,148 in the October 2026 data, up 213%.
Total employees: 17 in October 2023 and 20 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 20 to 17.
- Regulatory assets under management went from $1,199,228,888 to $1,056,486,148 (-12%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Bsip SLP GP, LLC (CRD 298964): Form ADV filing data as of October 2026.