AUMdb

Bluestem Capital Company, Llc

SEC-registered Investment Adviser CRD 158461 · SEC file 802-126795 · Sioux Falls, SD · WWW.BLUESTEMCAPITAL.COM
☆ Save with Pro ADV data as of Mar 25, 2026
Regulatory AUM
Discretionary
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Avg AUM / client
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Private funds (17)

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Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $130M combined gross assets

FundTypeDomicileGross assetsOwners
Bluestem Investment Fund 2016, Llc Private Equity Fund South Dakota $15.7M 100
Bluestem Vic Ii, Llc Private Equity Fund South Dakota $13.2M 70
Bluestem Investment Fund 2022, Llc D/B/A Bluestem Special Purpose Fund Ii Private Equity Fund South Dakota $12.8M 90
Bluestem Vic, Llc Private Equity Fund South Dakota $12.7M 70
Bluestem Investment Fund 2020, Llc Private Equity Fund South Dakota $10.3M 80
Bluestem Investment Fund 2020 Qp, Llc Private Equity Fund South Dakota $10.2M 40
Bluestem Special Purpose Fund, Llc Private Equity Fund South Dakota $9.9M 70
Bluestem Investment Fund 2017, Llc Private Equity Fund South Dakota $9.0M 100
Bluestem Capital Appreciation Fund, Llc Private Equity Fund South Dakota $8.5M 100
Bluestem Investment Fund 2015, Llc Private Equity Fund South Dakota $8.5M 100
Bluestem Investment Fund 2018, Llc Private Equity Fund South Dakota $4.9M 80
Bluestem Diversified Assets, Llc Private Equity Fund South Dakota $4.5M 100
Bluestem Core Strategies Fund, Llc Private Equity Fund South Dakota $3.6M 90
Bluestem Investment Fund 2018 Qp, Llc Private Equity Fund South Dakota $3.2M 30
Bluestem Select Opportunities Fund, Llc Private Equity Fund South Dakota $2.1M 100

People (4)

NameRole / titleCredentialsWith firm sinceOwnership
Kirby, Steve, Thomas Manager, President Sep 1992 (34y) ≈ 56.25% – 100% via Kirby Capital Corp.
Horst, Sandy, Kay Member, Chief Financial Officer, Secretary, Treasurer, Chief Compliance Officer May 1998 (28y) 5% – 10%
Stowater, Tyler, James Member, Vice President Jul 2005 (21y) 10% – 25%
Mulder, Nikole, Lee Member, Vice President Jan 2012 (15y) Less than 5%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Kirby Capital Corp. Member Feb 1996 A 75% or more

Undisclosed: 0% – 10% of the firm is not attributable from the filed Schedule A bands.

Estimated effective ownership (look-through of filed bands):

  • Kirby, Steve, Thomas: 75% – 100% of Kirby Capital Corp. × 75% – 100% direct ≈ 56.25% – 100% of the firm

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Private funds (17, $130M gross assets)

FundTypeGross assetsMin. investmentOwners
Bluestem Investment Fund 2016, Llc Private Equity Fund $15.7M $150K 100
Bluestem Vic Ii, Llc Private Equity Fund $13.2M $20.0K 70
Bluestem Investment Fund 2022, Llc D/B/A Bluestem Special Purpose Fund Ii Private Equity Fund $12.8M $25.0K 90
Bluestem Vic, Llc Private Equity Fund $12.7M $25.0K 70
Bluestem Investment Fund 2020, Llc Private Equity Fund $10.3M $50.0K 80
Bluestem Investment Fund 2020 Qp, Llc Private Equity Fund $10.2M $100K 40
Bluestem Special Purpose Fund, Llc Private Equity Fund $9.9M $25.0K 70
Bluestem Investment Fund 2017, Llc Private Equity Fund $9.0M $75.0K 100
Bluestem Capital Appreciation Fund, Llc Private Equity Fund $8.5M $150K 100
Bluestem Investment Fund 2015, Llc Private Equity Fund $8.5M $150K 100
Bluestem Investment Fund 2018, Llc Private Equity Fund $4.9M $50.0K 80
Bluestem Diversified Assets, Llc Private Equity Fund $4.5M $75.0K 100
Bluestem Core Strategies Fund, Llc Private Equity Fund $3.6M $75.0K 90
Bluestem Investment Fund 2018 Qp, Llc Private Equity Fund $3.2M $100K 30
Bluestem Select Opportunities Fund, Llc Private Equity Fund $2.1M $75.0K 100
Bluestem Growth & Income Fund Iii, Llc Private Equity Fund $406K $75.0K 100
Bluestem Capital Partners Iii Limited Partnership Private Equity Fund $182K $62.5K 90

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/25/2026 2.77 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

Not reported.

Custody

Firm reports it does not have custody of client funds or securities (Item 9.A).

No custodian data reported or mined yet.

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 25, 2026.

View current Form ADV (SEC/IAPD) ↗