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
Vivo Capital, LLC
Legal name Vivo Capital LLC
Latest filing Mar 31, 2026
First filing on the tape May 21, 2014 · 23 filings
SEC status approved since Jun 18, 2014
RAUM
$6.1B
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
62
32 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
16
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$6.1B as of Mar 31, 2026
Mar 26, 2015$1.3B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 26, 20150 then
Employees (5.A)62 as of Mar 31, 2026
Mar 26, 201530 then
Private funds16 as of Mar 31, 2026
Mar 26, 201514 then
RAUM +15% over the last fiscal year+4.0% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
- $381MderivedRAUM 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
- unknownderived6 offices incl. principal (1.F.5)
- RAUM growth, one year
- +15%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
- Custody
- yesreportedItem 9.A
- 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
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- 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$6.1B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 16reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $0 for 0 clientsreported
- 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
29 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Vivo Capital Fund Ix, L.P. | Private Equity Fund | $2.6B | 46 | Mar 29, 2019 |
| Vivo Opportunity Fund Holdings, L.P. | Other Private Fund | $1.0B | 65 | Mar 31, 2023 |
| Vivo Opportunity Fund, L.P.no longer reported | Private Equity Fund | $656M | 41 | Mar 30, 2018 |
| Vivo Capital Fund Viii, L.P. | Private Equity Fund | $609M | 59 | Mar 26, 2015 |
| Vivo Capital Fund X, L.P. | Private Equity Fund | $548M | 16 | Mar 28, 2024 |
| Vivo Innovation Fund II Holdings, L.P | Venture Capital Fund | $340M | 35 | Mar 31, 2023 |
| Vivo Super Viii Limited | Venture Capital Fund | $225M | 6 | Mar 29, 2019 |
| Vivo Innovation Fund II, L.P.no longer reported | Venture Capital Fund | $209M | 11 | Mar 31, 2021 |
| Vivo Co-Invest (C), L.P. | Private Equity Fund | $150M | 2 | Mar 28, 2024 |
| Vivo Asia Opportunity Fund Holdings, L.P. | Other Private Fund | $118M | 21 | Mar 31, 2023 |
| Vivo Asia Opportunity Fund, L.P.no longer reported | Private Equity Fund | $105M | 3 | Mar 31, 2022 |
| Vivo Capital Surplus Fund Viii, L.P. | Private Equity Fund | $84.1M | 9 | Mar 26, 2015 |
| Vivo Opportunity Co-Invest, L.P. | Other Private Fund | $81.5M | 2 | Mar 27, 2020 |
| Vivo Panda Fund, LP | Venture Capital Fund | $74.7M | 12 | Jun 30, 2016 |
| Vivo Ventures Fund Vii, LP | Venture Capital Fund | $51.3M | 45 | Mar 28, 2012 |
| Vivo Co-Invest (S), L.P. | Venture Capital Fund | $50.0M | 1 | Mar 31, 2023 |
| Vivo Ventures Fund Cayman Vii, LP | Venture Capital Fund | $39.7M | 13 | Mar 28, 2012 |
| Vivo Opportunity Co-Invest (W), L.P.no longer reported | Private Equity Fund | $17.1M | 3 | Mar 27, 2020 |
| Vivo Ventures Fund Vi, LPno longer reported | Venture Capital Fund | $4.8M | 52 | Mar 28, 2012 |
| Biotechnology Development Fund II, LPno longer reported | Venture Capital Fund | $2.3M | 23 | Mar 28, 2012 |
| Vivo Ventures Vii Affiliates Fund, LP | Venture Capital Fund | $1.2M | 33 | Mar 28, 2012 |
| Biotechnology Development Fund IV, LPno longer reported | Venture Capital Fund | $960,378 | 36 | Mar 28, 2012 |
| Vivo Ventures Fund V, LPno longer reported | Venture Capital Fund | $942,564 | 45 | Mar 28, 2012 |
| Biotechnology Development Fund, LPno longer reported | Venture Capital Fund | $471,763 | 7 | Mar 28, 2012 |
| Bdf IV Annex Fund, LPno longer reported | Venture Capital Fund | $244,252 | 19 | Mar 28, 2012 |
| Biotechnology Development Fund IV Affiliates, LPno longer reported | Venture Capital Fund | $127,612 | 6 | Mar 28, 2012 |
| Vivo Ventures Vi Affiliates Fund, LPno longer reported | Venture Capital Fund | $100,074 | 39 | Mar 28, 2012 |
| Vivo Ventures V Affiliates Fund, LPno longer reported | Venture Capital Fund | $36,607 | 41 | Mar 28, 2012 |
| Bioasia Crossover Fund, LPno longer reported | Venture Capital Fund | $0 | 1 | Mar 28, 2012 |
Owners and control persons
Schedule A and B, latest filing
- J. Michael Chang · Managing Partnercontrolsince 01/2021 · owns 5% to 10%
- George Edgar Engleman · Managing Partnercontrolsince 06/2005 · owns 10% to 25%
- (Nmn) Shan Fu · Managing Partnercontrolsince 01/2015 · owns 10% to 25%
- Fang-Chien Frank Kung · Managing Partnercontrolsince 06/2005 · owns 25% to 50%
- Bech Jack Nielsen · Managing Partnercontrolsince 01/2021 · owns 5% to 10%
- Hui-Hsin Cinthia Sheu · Partner / Chief Operating Officercontrolsince 04/2008 · owns less than 5%
- (Nmn) Zhanping Wu · Partner / General Counsel / Chief Compliance Officercontrolsince 11/2019 · owns less than 5%
Related persons
Schedule D 7.A
- Vivo Asia Opportunity, LLCpooled vehicle sponsorn
- Vivo Capital Ix (Cayman), LLCpooled vehicle sponsorn
- Vivo Capital Ix, LLCpooled vehicle sponsorn
- Vivo Capital Viii, LLCpooled vehicle sponsorn
- Vivo Capital X, LLCpooled vehicle sponsorn
- Vivo Equity Investment Management (Shanghai) Co. Ltd.investment advisern
- Vivo Innovation II, LLCpooled vehicle sponsorn
- Vivo Opportunity, LLCpooled vehicle sponsorn
- Vivo Panda, LLCpooled vehicle sponsorn
- Vivo Ventures Cayman Vii (Gp), LPpooled vehicle sponsorn
- Vivo Ventures Vii, LLCpooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
- Beijing, China11 employees
- Shanghai, China9 employees
- Central, Hong Kong, China5 employees
- Singapore, Singapore2 employees
- Taipei, Taiwan, Republic of China
What changed
consecutive filings, newest first
- Accounts · 17 to 16Mar 31, 2025 to Mar 31, 2026
- Advisory employees · 39 to 32Mar 31, 2025 to Mar 31, 2026
- Pooled vehicle clients · 17 to 16Mar 31, 2025 to Mar 31, 2026
- Employees · 67 to 62Mar 31, 2025 to Mar 31, 2026
- Private funds · 17 to 16Mar 31, 2025 to Mar 31, 2026
- Discretionary RAUM · $5.3B to $6.1BMar 31, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $5.3B to $6.1BMar 31, 2025 to Mar 31, 2026
- RAUM · $5.3B to $6.1BMar 31, 2025 to Mar 31, 2026
- Accounts · 15 to 17Sep 19, 2024 to Mar 31, 2025
- Advisory employees · 43 to 39Sep 19, 2024 to Mar 31, 2025
- Pooled vehicle clients · 15 to 17Sep 19, 2024 to Mar 31, 2025
- Employees · 72 to 67Sep 19, 2024 to Mar 31, 2025
- Financial planning clients · unset to Sep 19, 2024 to Mar 31, 2025
- Private funds · 15 to 17Sep 19, 2024 to Mar 31, 2025
- Discretionary RAUM · $5.8B to $5.3BSep 19, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $5.8B to $5.3BSep 19, 2024 to Mar 31, 2025
- RAUM · $5.8B to $5.3BSep 19, 2024 to Mar 31, 2025
- Advisory employees · 48 to 43Apr 28, 2023 to Mar 28, 2024
- Employees · 73 to 72Apr 28, 2023 to Mar 28, 2024
- Other offices · 4 to 5Apr 28, 2023 to Mar 28, 2024
- Discretionary RAUM · $5.4B to $5.8BApr 28, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $5.4B to $5.8BApr 28, 2023 to Mar 28, 2024
- RAUM · $5.4B to $5.8BApr 28, 2023 to Mar 28, 2024
- Discretionary RAUM · $5.4B to $5.4BApr 3, 2023 to Apr 28, 2023
- Pooled vehicle RAUM · $5.4B to $5.4BApr 3, 2023 to Apr 28, 2023
- RAUM · $5.4B to $5.4BApr 3, 2023 to Apr 28, 2023
- Accounts · 16 to 15Mar 31, 2022 to Mar 31, 2023
- Advisory employees · 39 to 48Mar 31, 2022 to Mar 31, 2023
- Pooled vehicle clients · 16 to 15Mar 31, 2022 to Mar 31, 2023
- Employees · 62 to 73Mar 31, 2022 to Mar 31, 2023
- Private funds · 16 to 15Mar 31, 2022 to Mar 31, 2023
- Discretionary RAUM · $6.5B to $5.4BMar 31, 2022 to Mar 31, 2023
- Pooled vehicle RAUM · $6.5B to $5.4BMar 31, 2022 to Mar 31, 2023
- RAUM · $6.5B to $5.4BMar 31, 2022 to Mar 31, 2023
- Advisory employees · 32 to 39Mar 31, 2021 to Mar 31, 2022
- Employees · 53 to 62Mar 31, 2021 to Mar 31, 2022
- Discretionary RAUM · $5.8B to $6.5BMar 31, 2021 to Mar 31, 2022
- Pooled vehicle RAUM · $5.8B to $6.5BMar 31, 2021 to Mar 31, 2022
- RAUM · $5.8B to $6.5BMar 31, 2021 to Mar 31, 2022
- Related adviser · false to trueMar 31, 2021 to Mar 31, 2022
Signals
12 dated events
- (Nmn) Hongbo Lu (Managing Partner) no longer on Schedule A of Vivo Capital, Llc (listed 2023-04-28, absent 2024-03-28)Mar 28, 2024 · Control person left · inference
- Vivo Capital, Llc reported RAUM $5.8B, up 36% from $4.3B (2021-01-29 to 2021-03-31)Mar 31, 2021 · RAUM change · derived
- J. Michael Chang (Managing Partner) appeared on Schedule A of Vivo Capital, LlcJan 29, 2021 · Control person joined · fact
- Bech Jack Nielsen (Managing Partner) appeared on Schedule A of Vivo Capital, LlcJan 29, 2021 · Control person joined · fact
- (Nmn) Hongbo Lu (Managing Partner) appeared on Schedule A of Vivo Capital, LlcJan 29, 2021 · Control person joined · fact
- (Nmn) Albert Cha (Managing Partner) no longer on Schedule A of Vivo Capital, Llc (listed 2020-08-31, absent 2020-09-09)Sep 9, 2020 · Control person left · inference
- Ming Chen Yu (Managing Partner) no longer on Schedule A of Vivo Capital, Llc (listed 2020-03-27, absent 2020-08-31)Aug 31, 2020 · Control person left · inference
- Vivo Capital, Llc reported RAUM $4.3B, up 39% from $3.1B (2019-11-22 to 2020-03-27)Mar 27, 2020 · RAUM change · derived
- (Nmn) Zhanping Wu (General Counsel / Chief Compliance Officer) appeared on Schedule A of Vivo Capital, LlcNov 22, 2019 · Control person joined · fact
- Vivo Capital, Llc reported RAUM $3.1B, up 54% from $2.0B (2018-03-30 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
- Vivo Capital, Llc reported RAUM $2.0B, up 30% from $1.5B (2017-03-29 to 2018-03-30)Mar 30, 2018 · RAUM change · derived
- Vivo Ventures, Llc filed its initial SEC registration (Form ADV)May 21, 2014 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Vivo Capital, LLC · Independent Sponsorsshared crd · capital_provider
- Vivo Capital, LLC · Private Equityshared crd · organization
- Vivo Capital, LLC · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/vivo-capitalreportedpublic record, Form ADV, Sep 18, 2026
- Website
- VIVOCAPITAL.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 650-688-0818reportedpublic record, Form ADV, Mar 31, 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