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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 100m 1b

HEALTH EVOLUTION MANAGEMENT CO., LLC

CRD 160418

SAN FRANCISCO, CA

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Search this name across graphsid dfx:ria:100567b6-7dfc-fbdf-c81b-29865320020b

Data as of Dec 13, 2017 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 4:34 AM UTC and rebuilt at most every 15 minutes.

Relationships: 9
Dated events: 0
On other graphs: 1
Observed: Feb 14, 2012 to Dec 13, 2017
7 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Private Equityidentity

Health Evolution Partners

Private equity manager · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $343MItem 5.F on the latest filing (2017-12-13); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $343M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 5
Advisory employees: 4
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 3
Private funds: 3Schedule D 7.B(1)
Private fund GAV: $343Mgross asset value as reported per fund; never fund size
Custody, client assets: $0
SEC number: 801-74038
CRD: 160418
Filings on the tape: 7
First filed: Feb 14, 2012
Latest filed: Dec 13, 2017
Organised: Limited Liability Company, Delaware

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
HEALTH EVOLUTION PARTNERS FUND I, L.P.	Private Equity Fund	$116M	Feb 5, 2024	13	Feb 14, 2012	reported	021-125113
HEALTH EVOLUTION PARTNERS CO-INVEST, LLC	Private Equity Fund	$1.6M	Feb 5, 2024	20	Feb 14, 2012	reported	021-125121
SPECTRUM HEALTHCARE FUND, LLC	Private Equity Fund	$0	Mar 27, 2015	0	Feb 14, 2012	dropped	021-125113
HEALTH EVOLUTION PARTNERS FUND I (AIV I), L.P.	Private Equity Fund	$0	Feb 22, 2021	0	Feb 14, 2012	reported	n/a

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
BRAILER, DAVID	MANAGING MEMBER	C	yes	05/2007	Feb 14, 2012	Dec 13, 2017
HEALTH EVOLUTION MANAGEMENT PRINCIPALS, LLC	MANAGING MEMBER, HEALTH EVOLUTION MANAGEMENT CO., LLC	E	yes	05/2007	Feb 14, 2012	Dec 13, 2017
KELLY, BRADEN, R.	Member	C	yes	07/2016	Mar 22, 2017	Dec 13, 2017
YUN, KAY, HYEWON	Member	C	yes	07/2016	Feb 14, 2012	Dec 13, 2017
YUN, KAY, HYEWON	PARTNER AND CHIEF COMPLIANCE OFFICER, HEALTH EVOLUTION MANAGEMENT CO., LLC	Na	no	01/2012	Feb 14, 2012	Dec 13, 2017

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
HEALTH EVOLUTION PARTNERS GP, LLC	n/a	n/a	n/a	N	yes	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2016	Mar 22, 2017	$343M	$343M	5	4	n/a	3	$343M
2015	Mar 21, 2016	$372M	$372M	7	6	n/a	3	$372M
2014	Mar 27, 2015	$548M	$548M	7	6	n/a	4	$548M
2013	Mar 28, 2014	$670M	$670M	16	12	n/a	4	$670M
2012	Mar 28, 2013	$670M	$670M	16	11	n/a	4	$670M

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2016	$343M	$372M	-7.9%	$670M	-20.0%	5	7	0	n/a

Relationships

Advises (4)

→ HEALTH EVOLUTION PARTNERS CO-INVEST, LLCPrivate fundPrivate Equity Fund, ERA
Feb 14, 2012 to presentfactForm ADV
→ HEALTH EVOLUTION PARTNERS FUND I, L.P.Private fundPrivate Equity Fund, ERA
Feb 14, 2012 to presentfactForm ADV
→ HEALTH EVOLUTION PARTNERS FUND I (AIV I), L.P.Private fundPrivate Equity Fund, ERA
Feb 14, 2012 to presentfactForm ADV
→ SPECTRUM HEALTHCARE FUND, LLCPrivate fundPrivate Equity Fund, IA, no longer reported
Feb 14, 2012 to Mar 27, 2015factForm ADV

Controls (4)

← YUN, KAY, HYEWONOwnerMEMBER, ownership code C, individual
Feb 14, 2012 to presentfactForm ADV
← KELLY, BRADEN, R.OwnerMEMBER, ownership code C, individual
Mar 22, 2017 to presentfactForm ADV
← BRAILER, DAVIDOwnerMANAGING MEMBER, ownership code C, individual
Feb 14, 2012 to presentfactForm ADV
← HEALTH EVOLUTION MANAGEMENT PRINCIPALS, LLCOwnerMANAGING MEMBER, HEALTH EVOLUTION MANAGEMENT CO., LLC, ownership code E, domestic entity
Feb 14, 2012 to presentfactForm ADV

Owns (1)

← YUN, KAY, HYEWONOwnerPARTNER AND CHIEF COMPLIANCE OFFICER, HEALTH EVOLUTION MANAGEMENT CO., LLC, ownership code NA, individual
Feb 14, 2012 to presentfactForm ADV

Dated events

No dated event names this entity yet.

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:100567b6-7dfc-fbdf-c81b-29865320020b
First observed: Feb 14, 2012
Last observed: Dec 13, 2017 106 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

HEALTH EVOLUTION MANAGEMENT CO., LLC

CRD 160418

SAN FRANCISCO, CA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:100567b6-7dfc-fbdf-c81b-29865320020b

Data as of Dec 13, 2017 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 4:34 AM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

HEALTH EVOLUTION PARTNERS FUND I, L.P.

Private Equity Fund

$116M

Feb 5, 2024

Feb 14, 2012

reported

021-125113

HEALTH EVOLUTION PARTNERS CO-INVEST, LLC

Private Equity Fund

$1.6M

Feb 5, 2024

Feb 14, 2012

reported

021-125121

SPECTRUM HEALTHCARE FUND, LLC

Private Equity Fund

Mar 27, 2015

Feb 14, 2012

dropped

021-125113

HEALTH EVOLUTION PARTNERS FUND I (AIV I), L.P.

Private Equity Fund

Feb 22, 2021

Feb 14, 2012

reported

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BRAILER, DAVID

MANAGING MEMBER

yes

05/2007

Feb 14, 2012

Dec 13, 2017

HEALTH EVOLUTION MANAGEMENT PRINCIPALS, LLC

MANAGING MEMBER, HEALTH EVOLUTION MANAGEMENT CO., LLC

yes

05/2007

Feb 14, 2012

Dec 13, 2017

KELLY, BRADEN, R.

Member

yes

07/2016

Mar 22, 2017

Dec 13, 2017

YUN, KAY, HYEWON

Member

yes

07/2016

Feb 14, 2012

Dec 13, 2017

YUN, KAY, HYEWON

PARTNER AND CHIEF COMPLIANCE OFFICER, HEALTH EVOLUTION MANAGEMENT CO., LLC

01/2012

Feb 14, 2012

Dec 13, 2017

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

HEALTH EVOLUTION PARTNERS GP, LLC

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2016

Mar 22, 2017

$343M

n/a

$343M

2015

Mar 21, 2016

$372M

n/a

$372M

2014

Mar 27, 2015

$548M

n/a

$548M

2013

Mar 28, 2014

$670M

n/a

$670M

2012

Mar 28, 2013

$670M

n/a

$670M

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2016

$343M

$372M

-7.9%

$670M

-20.0%

n/a