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Blacksand Capital, LLC

● SEC registered since 2018CRD 291612SEC# 801-112601Honolulu, HI
Export (members)
Ranks #3,879 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$506.3M
Fund GAV
$480.8M
Private funds
11
Employees
7
Accounts
13
Location
Honolulu, HI

Blacksand Capital, LLC assets under management

Blacksand Capital, LLC is an SEC-registered investment adviser based in Honolulu, HI. The firm has been registered since 2018. It reports $506.3 million in regulatory assets under management and employs 7 people. Blacksand Capital, LLC manages 11 private funds with combined gross assets of $480.8 million, including Blacksand Capital Opportunity Fund II, L.P. By regulatory assets, it ranks 3,879 of 6,004 private fund managers.

Blacksand Capital, LLC private funds

11 funds · $480.8M GAV
FundTypeGross assetsMin.
Blacksand Capital Opportunity Fund II, L.P.Real Estate$180.1M$1M
Blacksand Capital Opportunity Fund Ii-A, L.P.Real Estate$90.7M$1M
Blacksand Kuilei Pe Co-Invest II, L.P.Private Equity$49.2M
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Blacksand Capital, LLC owners & executives

7 reported
NameTitleOwnershipSince
Benjamin Jay Wang ControlPrincipalUnder 5%2011
Bert Akio Kobayashi ControlManaging Member, Chairman And Chief Executive Officer50-75%2010
Bryan K.k. Li ControlPrincipalUnder 5%2011
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Frequently asked questions

How much does Blacksand Capital, LLC manage?

Blacksand Capital, LLC reports $506.3 million in regulatory assets under management on its Form ADV.

How many private funds does Blacksand Capital, LLC manage?

Blacksand Capital, LLC manages 11 private funds with combined gross assets of $480.8 million.

How many employees does Blacksand Capital, LLC have?

Blacksand Capital, LLC reports 7 employees.

Where is Blacksand Capital, LLC located?

Blacksand Capital, LLC is based in Honolulu, HI and has been SEC-registered since 2018.

Does Blacksand Capital, LLC disclose fund performance?

Blacksand Capital, LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address2270 Kalakaua Avenue, Suite 1788, Honolulu, HI 96815-2519
Phone808-738-8400
Fax808-681-7413
Office hours9:00 a.m. To 5:00 p.m.
SEC regionLos Angeles Regional Office (LARO)
Discloses disciplinary historyNo

Regulatory AUM

$506.3M▲ 4%
Mar '25 — $487.3MApr '25 — $487.3MMay '25 — $487.3MJun '25 — $487.3MJul '25 — $487.3MAug '25 — $487.3MSep '25 — $487.3MOct '25 — $487.3MNov '25 — $487.3MDec '25 — $487.3MJan '26 — $487.3MFeb '26 — $487.3MMar '26 — $506.3MApr '26 — $506.3MMay '26 — $506.3MJun '26 — $506.3M
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 48%
Larger than 52% of 16,271 advisers
AUM vs fund managersTop 65%
Larger than 35% of 6,004 private-fund managers
Number of fundsTop 23%
More funds than 77% of fund managers
EmployeesTop 51%
More than 49% of 16,825 advisers

Assets under management

$506.3Mregulatory AUM
Discretionary $506.3M

Fund type mix

Private Equity9
Real Estate2

Service providers

Auditor