# Boardman Bay Capital Management: portfolio, investments and team > Boardman Bay Capital Management is an asset manager based in United States. 3 investments on record, 1 in the last 12 months, latest May 2026. Source: https://millionrounds.com/fund/boardman-bay-capital-management (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Boardman Bay Capital Management Last cheque observed May 2026; 3 cheques on record. Email Deploying now Asset manager Series A Series B Series D Generative AI Co-packaged Optics Datacenter Infrastructure Follow Boardman Bay Capital Management and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fboardman-bay-capital-management) Deploying now **50%** of best year **1** **cheques in 12 months**, 3 on record Since the last cheque **156** days **00** hrs **00** min **00** sec Median round **$100M** Rounds led **0 of 3** Pitch Boardman Bay Capital Management ## Boardman Bay Capital Management highlights - 01 1 cheques in the last 12 months - 02 Mostly Series A and Series B: 67% of its rounds ## What they do > Boardman Bay Capital Management (BBCM) is a leading investment manager specializing in public and private technology companies. From their own website - **Type:** Asset manager - **Cheque size:** Not stated - **Sectors:** Generative AI Co-packaged Optics Datacenter Infrastructure - **Based in:** New York, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **3 appearances** - **2026** 1 round - **May** **[Havoc](https://millionrounds.com/company/havoc)** Series A · US · Outlander VC **$100M** With 17 others - **2025** 1 round - **Jul** **[xLight](https://millionrounds.com/company/xlight)** Series B · US · TechStartups **$40M** With 6 others - **2024** 1 round - **Dec** **[Ayar Labs](https://millionrounds.com/company/ayar-labs)** Series D · US · Crunchbase News **$155M** With 14 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **2 named** KB **Kenneth Bernard Brown** CCO i Form ADV WB **William Boardman Graves** Managing Member and Chief Investment Officer i Form ADV We also hold **2** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$518M** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Boardman BAY Capital Management LLC - **SEC number:** CRD 164577 Funds on its Form ADV **7** private funds, **$60M** in gross assets · filed Mar 2024 Private equity **5** Hedge **2** - Boardman Bay Ventures, L.P. - Series I *Private equity* 90 investors $27M - Boardman Bay Ventures, L.P. - Series H *Private equity* 46 investors $13M - Boardman Bay Master, LTD. *Hedge* 25 investors $7.1M - Boardman Bay Optical Opportunities, L.P. *Hedge* 16 investors $6.7M - Boardman Bay Ventures, L.P. - Series A *Private equity* 19 investors $2.2M - Boardman Bay Ventures, L.P. - Series B *Private equity* 10 investors $2.0M - Boardman Bay Ventures, L.P. - Series F *Private equity* 42 investors $1.8M ## The cheque Series A Series B Series D Median round joined **$100M** the round, not its cheque Led 0 of 3 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** May 2026 Rounds by stage said on their site - Series A *1* - Series B *1* - Series D *1* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [IAG Capital Partners](https://millionrounds.com/fund/iag-capital-partners) 2 - [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) 2 - [Playground Global](https://millionrounds.com/fund/playground-global) 2 **Pitching Boardman Bay Capital Management?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Boardman Bay Capital Management. A count of rooms they were both in, not a relationship either has claimed. [**IAG Capital Partners** Private equity **2** rounds together](https://millionrounds.com/fund/iag-capital-partners)[**Lockheed Martin** Corporate VC **2** rounds together](https://millionrounds.com/fund/lockheed-martin-ventures)[**Playground Global** VC firm **2** rounds together](https://millionrounds.com/fund/playground-global) ## Recently backed The latest companies Boardman Bay Capital Management put money into. [**Ayar Labs** $155M · Dec 2024](https://millionrounds.com/company/ayar-labs) ## Quick answers about Boardman Bay Capital Management ### What does Boardman Bay Capital Management invest in? Boardman Bay Capital Management invests most often at Series A and Series B (67% of the rounds on record), in sectors such as Generative AI, Co-packaged Optics and Datacenter Infrastructure. ### How active is Boardman Bay Capital Management? 3 investments on record, 1 of them in the last 12 months. The most recent was in May 2026. ### What has Boardman Bay Capital Management invested in recently? Its most recent investments on record: Havoc (Series A, May 2026), xLight (Series B, Jul 2025) and Ayar Labs (Series D, Dec 2024). ### How big are Boardman Bay Capital Management's cheques? The median round it joins is $100M. ### Is Boardman Bay Capital Management investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does Boardman Bay Capital Management invest alongside? Most often IAG Capital Partners (2 rounds together), Lockheed Martin (2 rounds together) and Playground Global (2 rounds together). ### What kind of investor is Boardman Bay Capital Management? Boardman Bay Capital Management is an asset manager based in New York, United States. ### How much does Boardman Bay Capital Management manage? About $518M, as regulatory assets under management (Oct 2026). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=boardman-bay-capital-management) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=boardman-bay-capital-management)