Black Bay Partners, Llc
- Regulatory AUM
- $830M
- Discretionary
- $830M
- Clients
- 7
- Avg AUM / client
- $119M
- Accounts
- 7
- Employees
- 17
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 7 | $830M | 100.0% |
Private funds (6)
Reported in Form ADV Section 7.B.(1), filing of Nov 2024 · $489M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Black Bay Energy Ii, L.P. | Private Equity Fund | Delaware | $263M | 61 |
| Black Bay Energy, L.P. | Private Equity Fund | Delaware | $170M | 58 |
| Bbe Pinon Holdco Llc | Private Equity Fund | Delaware | $39.3M | 27 |
| Black Bay Energy Pinon Co Investment, L.P. | Private Equity Fund | Delaware | $8.3M | 3 |
| Bbe Scs Holdco, Llc | Private Equity Fund | Delaware | $8.0M | 13 |
| Bbe Tops Holdco, Llc | Private Equity Fund | Delaware | $85.9K | 8 |
People (2)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Lebourgeois, Michael, Livaudais | Managing Partner | Dec 2015 (11y) | ≈ 56.25% – 100% via Bbec Holdco Gp, Llc | |
| Isacks, Julie | Chief Compliance Officer | Feb 2017 (10y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Bbec Holdco Gp, Llc | Member | Feb 2017 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Lebourgeois, Michael, Livaudais: 75% – 100% of Bbec Holdco Gp, Llc × 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 (6, $489M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Black Bay Energy Ii, L.P. | Private Equity Fund | $263M | $1.0M | 61 |
| Black Bay Energy, L.P. | Private Equity Fund | $170M | $1.0M | 58 |
| Bbe Pinon Holdco Llc | Private Equity Fund | $39.3M | $0 | 27 |
| Black Bay Energy Pinon Co Investment, L.P. | Private Equity Fund | $8.3M | $1.0M | 3 |
| Bbe Scs Holdco, Llc | Private Equity Fund | $8.0M | $0 | 13 |
| Bbe Tops Holdco, Llc | Private Equity Fund | $85.9K | $0 | 8 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 2.43 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
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
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 31, 2026.
View current Form ADV (SEC/IAPD) ↗