DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Frazier Healthcare Partners
Legal name Frazier Management, L.L.C.
Latest filing Jun 18, 2026
First filing on the tape Mar 13, 2015 · 21 filings
SEC status approved since Mar 24, 2015
RAUM
$7.7B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
100
76 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
25
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$7.7B as of Jun 18, 2026
Mar 29, 2016$2.4B then
HNW client RAUM$0 as of Jun 18, 2026
Mar 30, 2018$0 then
State-registered IARs (5.B.3)0 as of Jun 18, 2026
Mar 29, 20160 then
Employees (5.A)100 as of Jun 18, 2026
Mar 29, 201615 then
Private funds25 as of Jun 18, 2026
Mar 29, 201613 then
RAUM +1.3% over the last fiscal year+24% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 18, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $309MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +1.3%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$7.7B100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 25reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
23 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Frazier Healthcare Growth Buyout Fund Ix, L.P. | Private Equity Fund | $1.1B | 116 | Mar 30, 2018 |
| Fh Sunrise Co-Investment I, LP | Private Equity Fund | $715M | 43 | Mar 31, 2022 |
| Fh Csf Holdings, LLC | Private Equity Fund | $651M | 40 | Mar 31, 2021 |
| Frazier Healthcare Growth Buyout Fund X, L.P. | Private Equity Fund | $430M | 100 | Mar 31, 2021 |
| Frazier Healthcare Growth Buyout Fund X Pv, L.P. | Private Equity Fund | $420M | 46 | Mar 31, 2021 |
| Frazier Healthcare Growth Buyout Fund Ix Pv, L.P. | Private Equity Fund | $338M | 26 | Mar 30, 2018 |
| Frazier Healthcare Growth Buyout Fund Viii, L.P. | Private Equity Fund | $337M | 48 | Mar 29, 2016 |
| Mercury Fortuna Buyer, LLC | Private Equity Fund | $225M | 17 | Mar 30, 2018 |
| Frazier Healthcare Growth Buyout Fund Viii Pv, L.P. | Private Equity Fund | $173M | 23 | Mar 31, 2017 |
| Frazier Healthcare V, L.P.no longer reported | Venture Capital Fund | $173M | 57 | Mar 30, 2012 |
| Frazier Healthcare Vii (Cayman), L.P.no longer reported | Private Equity Fund | $118M | 38 | Mar 13, 2015 |
| Frazier Healthcare Vi, L.P. | Venture Capital Fund | $73.7M | 56 | Mar 30, 2012 |
| Frazier Pacific Partner, LP | Private Equity Fund | $61.3M | 2 | Mar 31, 2022 |
| Frazier Healthcare IV, L.P.no longer reported | Venture Capital Fund | $52.5M | 80 | Mar 30, 2012 |
| Frazier Healthcare Vii-A (Cayman), L.P.no longer reported | Private Equity Fund | $33.5M | 5 | Mar 13, 2015 |
| Frazier Healthcare Growth Buyout Affiliates Ix, L.P. | Private Equity Fund | $12.0M | 35 | Mar 30, 2018 |
| Frazier Healthcare Growth Buyout Affiliates X, L.P. | Private Equity Fund | $8.2M | 70 | Mar 31, 2022 |
| Frazier Healthcare Growth Buyout Affiliates Viii, L.P. | Private Equity Fund | $4.9M | 28 | Mar 31, 2017 |
| Targa Frazier Holdings, LLC | Private Equity Fund | $3.6M | 19 | Mar 30, 2018 |
| Frazier Healthcare III, L.P.no longer reported | Venture Capital Fund | $2.6M | 56 | Mar 30, 2012 |
| Frazier Affiliates IV, L.P.no longer reported | Venture Capital Fund | $265,092 | 38 | Mar 30, 2012 |
| Frazier Affiliates III, L.P.no longer reported | Venture Capital Fund | $18,871 | 23 | Mar 30, 2012 |
| Frazier Healthcare Vi (Cayman), L.P.no longer reported | Venture Capital Fund | $0 | 59 | Mar 13, 2015 |
Owners and control persons
Schedule A and B, latest filing
- Ray Steve Bailey · Chief Financial Officer & Chief Compliance Officercontrolsince 06/2003 · owns less than 5%
- Robert Nathan Every · General Partnercontrolsince 04/2014 · owns less than 5%
- Joseph Ben Magnano · Managing Partnercontrolsince 01/2016 · owns less than 5%
- Kingston Brian Morfitt · General Partnercontrolsince 01/2016 · owns less than 5%
- Jafari Nader Naini · Managing Partnercontrolsince 06/1992 · owns less than 5%
- Robert Nathan Every · Sole Shareholdercontrolsince 01/2021 · owns 75% or more of Desert Mountain LLC
- Joseph Ben Magnano · Sole Shareholdercontrolsince 01/2021 · owns 75% or more of Bjm Washington Holdings LLC
- Jafari Nader Naini · Sole Shareholdercontrolsince 06/1992 · owns 75% or more of Alki Fund, Inc.
Entity owners
- Alki Fund, Inc. · Memberdirect · owns 25% to 50%
- Bjm Washington Holdings LLC · Memberdirect · owns 25% to 50%
- Desert Mountain LLC · Memberdirect · owns 25% to 50%
Related persons
Schedule D 7.A
- Fh Sunrise Gp, LPpooled vehicle sponsory
- Fhm Growth Buyout Ix, L.P.pooled vehicle sponsory
- Fhm Growth Buyout Viii, L.P.pooled vehicle sponsory
- Fhm Growth Buyout X, L.P.pooled vehicle sponsory
- Fhm Vi, L.P.pooled vehicle sponsory
- Fhm Vii, L.P.pooled vehicle sponsory
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 24 to 25Mar 31, 2026 to Jun 18, 2026
- Pooled vehicle clients · 24 to 25Mar 31, 2026 to Jun 18, 2026
- Private funds · 24 to 25Mar 31, 2026 to Jun 18, 2026
- Accounts · 23 to 24Mar 31, 2025 to Mar 31, 2026
- Advisory employees · 69 to 76Mar 31, 2025 to Mar 31, 2026
- Pooled vehicle clients · 23 to 24Mar 31, 2025 to Mar 31, 2026
- Employees · 88 to 100Mar 31, 2025 to Mar 31, 2026
- Private funds · 23 to 24Mar 31, 2025 to Mar 31, 2026
- Discretionary RAUM · $7.6B to $7.7BMar 31, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $7.6B to $7.7BMar 31, 2025 to Mar 31, 2026
- RAUM · $7.6B to $7.7BMar 31, 2025 to Mar 31, 2026
- Accounts · 18 to 23Mar 30, 2024 to Mar 31, 2025
- Advisory employees · 62 to 69Mar 30, 2024 to Mar 31, 2025
- Pooled vehicle clients · 18 to 23Mar 30, 2024 to Mar 31, 2025
- Employees · 78 to 88Mar 30, 2024 to Mar 31, 2025
- Financial planning clients · unset to Mar 30, 2024 to Mar 31, 2025
- Private funds · 17 to 23Mar 30, 2024 to Mar 31, 2025
- Discretionary RAUM · $5.2B to $7.6BMar 30, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $5.2B to $7.6BMar 30, 2024 to Mar 31, 2025
- RAUM · $5.2B to $7.6BMar 30, 2024 to Mar 31, 2025
- Accounts · 17 to 18Mar 31, 2023 to Mar 30, 2024
- Advisory employees · 52 to 62Mar 31, 2023 to Mar 30, 2024
- Pooled vehicle clients · 17 to 18Mar 31, 2023 to Mar 30, 2024
- Employees · 68 to 78Mar 31, 2023 to Mar 30, 2024
- Discretionary RAUM · $4.1B to $5.2BMar 31, 2023 to Mar 30, 2024
- Pooled vehicle RAUM · $4.1B to $5.2BMar 31, 2023 to Mar 30, 2024
- RAUM · $4.1B to $5.2BMar 31, 2023 to Mar 30, 2024
- Advisory employees · 46 to 52May 19, 2022 to Mar 31, 2023
- Employees · 59 to 68May 19, 2022 to Mar 31, 2023
- Discretionary RAUM · $4.8B to $4.1BMay 19, 2022 to Mar 31, 2023
- Pooled vehicle RAUM · $4.8B to $4.1BMay 19, 2022 to Mar 31, 2023
- RAUM · $4.8B to $4.1BMay 19, 2022 to Mar 31, 2023
- Accounts · 18 to 17Nov 2, 2021 to Mar 31, 2022
- Advisory employees · 70 to 46Nov 2, 2021 to Mar 31, 2022
- Pooled vehicle clients · 18 to 17Nov 2, 2021 to Mar 31, 2022
- Employees · 81 to 59Nov 2, 2021 to Mar 31, 2022
- Other offices · 1 to 0Nov 2, 2021 to Mar 31, 2022
- Private funds · 18 to 17Nov 2, 2021 to Mar 31, 2022
- Discretionary RAUM · $5.2B to $4.8BNov 2, 2021 to Mar 31, 2022
- Pooled vehicle RAUM · $5.2B to $4.8BNov 2, 2021 to Mar 31, 2022
Signals
8 dated events
- Frazier Healthcare Partners reported RAUM $7.6B, up 46% from $5.2B (2024-03-30 to 2025-03-31)Mar 31, 2025 · RAUM change · derived
- Frazier Healthcare Partners reported RAUM $5.2B, up 28% from $4.1B (2023-03-31 to 2024-03-30)Mar 30, 2024 · RAUM change · derived
- James Patrick Heron (Member) no longer on Schedule A of Frazier Healthcare Partners (listed 2021-11-02, absent 2022-03-31)Mar 31, 2022 · Control person left · inference
- Newman James Topper (Member) no longer on Schedule A of Frazier Healthcare Partners (listed 2021-11-02, absent 2022-03-31)Mar 31, 2022 · Control person left · inference
- Frazier Healthcare Partners reported RAUM $5.2B, up 29% from $4.1B (2020-03-30 to 2021-03-31)Mar 31, 2021 · RAUM change · derived
- David Alan Frazier (Shareholder) no longer on Schedule A of Frazier Healthcare Partners (listed 2020-03-30, absent 2021-03-31)Mar 31, 2021 · Control person left · inference
- Frazier Healthcare Partners reported RAUM $3.9B, up 86% from $2.1B (2017-05-17 to 2018-03-30)Mar 30, 2018 · RAUM change · derived
- Frazier Healthcare filed its initial SEC registration (Form ADV)Mar 13, 2015 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Frazier Healthcare Partners · Independent Sponsorsshared crd · capital_provider
- Frazier Healthcare Partners · Private Equityshared crd · organization
- Frazier Healthcare Partners · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- LINKEDIN.COM/COMPANY/FRAZIER-HEALTHCARE-PARTNERSreportedpublic record, Form ADV, Sep 17, 2026
- Website
- FRAZIERHEALTHCARE.COM/GROWTH-BUYOUTreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 206-621-7200reportedpublic record, Form ADV, Jun 18, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026