Bluestar Flagship Fund LP II
By:
Bluestar Equity
A diversified private-equity fund offering investors access to high-quality small and mid-market companies across North America.
Now available to accredited and eligible investors.
Location
Canada
Risk Profile
Moderate - High
N/A
Min. investment
Accredited: $25K, OM Exemption: $10K
Investment Strategy
Core Plus
ARR
20-25%
Horizon
3 Years
Introduction
Bluestar Flagship Fund II builds on the proven success of its predecessor, continuing Bluestar Equity’s long-standing strategy of identifying, acquiring, and growing exceptional small- and mid-sized businesses. The Fund focuses on enterprises with solid fundamentals, capable leadership, and clear paths to operational or strategic expansion.
With a flexible mandate spanning both private and select public opportunities, Fund II seeks to deliver superior, risk-adjusted returns through active ownership and disciplined portfolio management. By leveraging Bluestar’s deep operational expertise, the Fund targets scalable businesses that can compound value for investors over time.
Key Reasons to invest
Proven Track Record
Backed by over 40 years of investment experience and a history of consistent, above-market performance across economic cycles.
Defined Investment Focus
Concentrated on small and mid-market companies in industrial services, specialty manufacturing, financial services, and select consumer businesses, each offering strong cash flow and scalable growth potential.
Active Value Creation
Bluestar takes controlling or significant minority positions, working directly with management teams to drive operational efficiency, expand margins, and accelerate growth.
Disciplined Risk Management
A balanced portfolio approach combining equity and structured instruments to optimize returns while preserving downside protection.
Project Overview
Bluestar Flagship Fund II aims to generate both capital appreciation and recurring distributions through a curated portfolio of private-equity holdings. The Fund’s strategy blends value-oriented investing with hands-on operational involvement unlocking growth where others may see inefficiency or underperformance.
Target investments include established small and medium-sized enterprises with proven business models and sustainable cash flow. Investors benefit from a disciplined structure designed to produce attractive returns through a combination of equity growth, regular distributions, and potential exit bonuses.
Location
Focused primarily on opportunities in Canada and the United States, with flexibility to pursue select investments in adjacent North American markets.
Multimedia
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Issuer Overview
Bluestar Equity, is an investment holding company. Bluestar Equity Inc.
owns several professional service businesses. These are either owned directly by Bluestar Equity Inc. or owned directly by non-arm’s length relationships in the case where this is a regulatory requirement for the professional (the lawyer, accountant and investment manager) to own the professional corporation. The company includes legal firms that operate across Ontario primarily as “KPA Law”, a wealth management and insurance company called “Richmond Global Wealth”, a corporate finance firm called “LinkRP Solutions” and a CPA firm called “Bluestar CPA”. The full group of companies we can call the “Bluestar Group”. Bluestar Group creates two strategic advantages in both investment opportunities and day-to-day fund management.
Opportunities for private investment in Bluestar Flagship Fund come from a unique origination method where LinkRP Solutions can offer capital to existing clients. In many cases, LinkRP Solutions will already have been working with clients for years prior to the investment. LinkRP Solutions has usually “turned all the stones” and has experience working with the management before the investment is made. This has directly led to successful investment partnerships over the past several decades.
A key strategic advantage to the Bluestar Flagship Fund is that the professional services from the Bluestar Group complete functions within the fund at below market prices. The fund has engaged Richmond Global Wealth to raise the capital, at a below market agency fee of 8% of capital raised. KPA Law has completed the entire LP Partnership agreement, GP service agreement, investment documentation, and the list goes on.
Both of these firms have charged the fund 50% below market. The reduction in the fees will allow the fund to maintain more capital for investor distributions.