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Adviser Profile

As of Date 04/30/2024
Adviser Type - Large advisory firm
Number of Employees 19
of those in investment advisory functions 15
Registration SEC, Approved, 7/31/2023
Other registrations (4)
Former registrations

BSIP SLP GP, LLC

AUM* 767,400,192
of that, discretionary 767,400,192
Private Fund GAV* 860,210,027 110.36%
Avg Account Size 47,962,512
SMA’s No
Private Funds 16
Contact Info 469 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
1 1 1 1

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count16 GAV$860,210,027

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Brochure Summary

Overview

For purposes of this brochure, the “Adviser” means BSIP SLP GP, LLC, a Texas limited liability company, together (where the context permits) with its affiliated general partners and/or managing members of the Advisory Clients (as defined below) and other affiliates that provide advisory services to and/or receive advisory fees from the Advisory Clients. Such affiliates may or may not be under common control with BSIP SLP GP, LLC, but possess a substantial identity of personnel and/or equity owners with BSIP SLP GP, LLC. These affiliates may be formed for tax, regulatory or other purposes in connection with the organization of the Advisory Clients, or may serve as general partners of the Advisory Clients. The Adviser provides investment supervisory services to investment vehicles (the “Advisory Clients”) that are exempt from registration under the Investment Company Act of 1940, as amended (the “1940 Act”) and whose securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”). The Advisory Clients make primarily long-term private equity
and equity-related investments in software and payments companies. The Adviser’s advisory services consist of investigating, identifying and evaluating investment opportunities, structuring, and negotiating investments on behalf of the Advisory Clients, managing and monitoring the performance of such investments and disposing of such investments. Investment advice is provided directly to the Advisory Clients and not individually to the investors in the Advisory Clients. Services are provided to the Advisory Clients in accordance with the Management or other similar agreements with an Advisory Client and/or organizational documents of the applicable Advisory Clients (such documents collectively, an Advisory Client’s “Organizational Documents”). The principal owner of BSIP SLP GP, LLC is Century III, Inc. The Adviser has been in business since 2018. As of December 31, 2023, BSIP SLP GP, LLC has $767,400,192 of client assets, all of which is managed on a discretionary basis.1