DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Frazier Life Sciences Management, LP
Frazier Life Sciences Management, LP
Private equity with venture activity · probablePalo Alto, CAfrazierls.comSEC registered investment adviser
Frazier Life Sciences is a longstanding biotech investment firm with venture and public strategies partnering with and building companies developing novel therapeutics.
registered adviser; venture funds are 38% of 8 private funds
Importance
46
elevated
Active deployment
0
low
Emerging
0
low
Completeness
88
high
Freshness
100
high
Research priority
3
low
Identity and regulatory footprint
- Headquarters
- Palo Alto, CAadviserinfo.sec.gov
- Office address
- 1001 PAGE MILL ROAD, BUILDING 4, SUITE 200B, Palo Alto, CA, 94304adviserinfo.sec.gov
- Business phone
- 650-325-5156adviserinfo.sec.gov
- Website
- https://www.frazierls.com
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 31, 2026
- Private funds reported
- 8 (4 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $7.0Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $7.0Bthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 64
- Owners on Schedule A
- Galena Holdings, LLC (Limited Partner), D; Frazier Life Sciences Management, L.L.C. (General Partner), NA; Topper Family, LLC (Limited Partner), D
- business phone
- 650-325-5156adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- healthcare, biotech
- Stages
- seed
- Geography
- boston, seattle
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
Other Technology 100%
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
6 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Frazier Life Sciences X, L.P. | Fund · ADV: Private Equity Fund | 2022 adv first reported | Active deployment | $567M Mar 30, 2024 | 72 | $0 of $617M | Dec 17, 2019 |
| Frazier Life Sciences Xi, L.P. | Fund | 2022 form d first sale | Active deployment | $316M Mar 30, 2024 | 99 | $960M of $960M | Mar 18, 2022 |
| Frazier Life Sciences Ix, L.P. | Fund | 2017 form d first sale | Harvest | $404M Mar 30, 2024 | 54 | $419M of $419M | Nov 1, 2017 |
| Frazier Life Sciences Viii, L.P. | Fund | 2015 form d first sale | Harvest | $161M Mar 30, 2024 | 45 | $262M of $262M | Oct 29, 2015 |
| Frazier Healthcare Vii-A, L.P. | Feeder or parallel · ADV: Private Equity Fund | 2013 form d first sale | Harvest | $16.1M Mar 30, 2024 | 5 | $82.5M of $82.5M | May 8, 2013 |
| Frazier Life Sciences XII, L.P. | Fund | unknown | Unknown | unknown | unknown | $0 | Mar 17, 2025 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
68 current, 18 departed
Ryan Peer
AssociateAssociate
Sukh Bansal
AssociateAssociate
Angie You
Board or advisorySenior Advisor
Benjamin Palleiko
Board or advisorySenior Advisor
Bhaskar Chaudhuri
Board or advisorySenior Advisor
Bob Baltera
Board or advisorySenior Advisor
Bruce Roth
Board or advisorySenior Advisor
Bryan A. Irving
Board or advisorySenior Advisor
Christian Schade
Board or advisorySenior Advisor
Don Frail
Board or advisorySenior Advisor
Gerald (Jerry) Nepom
Board or advisorySenior Advisor
James Bristol
Board or advisorySenior Advisor
Jim Williams
Board or advisorySenior Advisor
John Smither
Board or advisorySenior Advisor
Michael Varney
Board or advisorySenior Advisor
Robert Hershberg
Board or advisorySenior Advisor
Roger Ulrich
Board or advisorySenior Advisor
W. Michael Gallatin
Board or advisorySenior Advisor
Alan Frazier
Founder or executiveChairman Emeritus
Daniel Estes
General partnerGeneral Partner
Daniel Estes
General partnerGeneral Partner · since Nov 1, 2021
James Brush
General partnerGeneral Partner & Portfolio Manager · since Nov 1, 2021
James W. Brush
General partnerGeneral Partner and Portfolio Manager
Wendy Cihak
Investor relationsInvestor Relations Coordinator and Executive Assistant
Albert Cha
Managing partnerManaging Partner · since Nov 1, 2021
Albert Cha
Managing partnerManaging Partner
James N. Topper
Managing partnerManaging Partner
Patrick Heron
Managing partnerManaging Partner
Ashley Slack
OtherCounsel, Venture Funds
Adam Simpson
PartnerExecutive Partner
Aditya Kohli
PartnerPartner
Amanda Wilson
PartnerSenior Tax Manager
Anna H. Chen
PartnerPartner
James Topper
PartnerMember · since Jan 1, 2021
Joe Cabral
PartnerPartner
Kevin Li
PartnerPartner
Maggie Parmelee
PartnerSenior Manager, Portfolio Valuation/Analytics
Patrick Heron
PartnerMember · since Jan 1, 2021
Chris Wyckoff
Platform and operationsDirector of Finance
Dan Ontiveros
Platform and operationsChief Compliance Officer
Duncan Johnson
Platform and operationsController, Public Fund Accounting
Gordon Empey
Platform and operationsPartner, COO and General Counsel
Helen Kang
Platform and operationsSenior Manager, Trade Operations and Compliance
Holly Aldrich
Platform and operationsExecutive Assistant
Jennifer Martin
Platform and operationsChief Financial Officer and Partner
Joanna Satterfield
Platform and operationsExecutive Assistant
Maggie Cheng
Platform and operationsExecutive Assistant
Nicole Costello
Platform and operationsCompliance Associate
Nolan Nunez
Platform and operationsController, Venture Funds
Olympia Kempanowski
Platform and operationsExecutive Assistant
Samantha Berrick
Platform and operationsExecutive Assistant
Steve Ray Bailey
Platform and operationsChief Financial Officer & Chief Compliance Officer · since Nov 1, 2021
Christopher Aakre
PrincipalPrincipal of Company Creation
Kei Nakazono
PrincipalIT Director
Lauren Mifflin
PrincipalPrincipal of Company Creation
Stacy Clark
PrincipalDirector, Firm Administration
James Li
Venture partnerVenture Partner
Maria Fardis
Venture partnerVenture Partner
Stanford Peng
Venture partnerVenture Partner
Ali Jackson
Vice presidentVice President and Counsel, Public Funds
Angel Martin
Vice presidentVice President
Kiah Williams
Vice presidentVice President
Lin Mu
Vice presidentVice President
Mansi Shinde
Vice presidentVice President of Company Creation
Nirav Shah
Vice presidentSenior Associate
Shu Yeung
Vice presidentVice President, Human Resources
Xinghuo Li
Vice presidentSenior Associate
Zaneta Odrowaz
Vice presidentVice President of Company Creation
18 departed (kept with end dates)
- Angie You · Senior Advisor · ? to Sep 16, 2026 Inference
- Bhaskar Chaudhuri · Senior Advisor · ? to Sep 16, 2026 Inference
- Bruce Roth · Senior Advisor · ? to Sep 16, 2026 Inference
- Bryan A. Irving · Senior Advisor · ? to Sep 16, 2026 Inference
- Don Frail · Senior Advisor · ? to Sep 16, 2026 Inference
- James Bristol · Senior Advisor · ? to Sep 16, 2026 Inference
- Michael Varney · Senior Advisor · ? to Sep 16, 2026 Inference
- Roger Ulrich · Senior Advisor · ? to Sep 16, 2026 Inference
- W. Michael Gallatin · Senior Advisor · ? to Sep 16, 2026 Inference
- Daniel Estes · General Partner · ? to Sep 16, 2026 Inference
- Aditya Kohli · Partner · ? to Sep 16, 2026 Inference
- Anna H. Chen · Partner · ? to Sep 16, 2026 Inference
- Christopher Aakre · Principal of Company Creation · ? to Sep 16, 2026 Inference
- Lauren Mifflin · Principal of Company Creation · ? to Sep 16, 2026 Inference
- Maria Fardis · Venture Partner · ? to Sep 16, 2026 Inference
- Angel Martin · Vice President · ? to Sep 16, 2026 Inference
- Xinghuo Li · Senior Associate · ? to Sep 16, 2026 Inference
- Zaneta Odrowaz · Vice President of Company Creation · ? to Sep 16, 2026 Inference
Investments on record
1 edges, 1 companies, 1 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Sudo Biosciences, Inc. | board seat | unknown · board | Daniel Estes (strongly supported) | unknown | unknown | Feb 15, 2024 | Inference SEC EDGAR Form D data sets (quarterly) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
3 disclosed
- New York State Common Retirement Fund $110M Jul 25, 2025 osc.ny.gov
- New York State Common Retirement Fund in Frazier Life Sciences XII, L.P. $110M Jul 25, 2025 osc.ny.gov
- New York State Common Retirement Fund in Frazier Life Sciences XII, L.P. $110M Jul 25, 2025 osc.ny.gov
Timeline
21 dated events
- Sep 16, 2026W. Michael Gallatin (Senior Advisor) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceW. Michael GallatinVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Roger Ulrich (Senior Advisor) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceRoger UlrichVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Michael Varney (Senior Advisor) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceMichael VarneyVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026James Bristol (Senior Advisor) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceJames BristolVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Don Frail (Senior Advisor) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceDon FrailVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Bryan A. Irving (Senior Advisor) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceBryan A. IrvingVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Bruce Roth (Senior Advisor) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceBruce RothVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Bhaskar Chaudhuri (Senior Advisor) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceBhaskar ChaudhuriVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Angie You (Senior Advisor) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceAngie YouVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Zaneta Odrowaz (Vice President of Company Creation) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceZaneta OdrowazVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Lauren Mifflin (Principal of Company Creation) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceLauren MifflinVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Christopher Aakre (Principal of Company Creation) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceChristopher AakreVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Maria Fardis (Venture Partner) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceMaria FardisVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Xinghuo Li (Senior Associate) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceXinghuo LiVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Angel Martin (Vice President) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceAngel MartinVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Anna H. Chen (Partner) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceAnna H. ChenVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Aditya Kohli (Partner) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceAditya KohliVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Daniel Estes (General Partner) no longer on the team page of Frazier Life Sciences Management, LPPerson leftPeopleInferenceDaniel EstesVenture organization websites (about, team, portfolio, thesis, news pages)
- Jul 25, 2025NYSCRF commits $110,000,000 to Frazier Life Sciences XII, L.P. (“Frazier LS”) (Frazier Life Sciences Management, L.P.), closed 2025-07-25, existing relationship
- Mar 31, 2022Frazier Life Sciences Xi, L.P. first reported on Form ADV by Frazier Life Sciences Management, LP (Venture Capital Fund), GAV $987,237,178Fund first reported on Form ADVFundsFactFrazier Life Sciences Xi, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 18, 2021Frazier Life Sciences Management, LP first filed Form ADV (IA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 38% of 8 private funds
Evidence
47 observations from 3 sources