LSP Advisory Bv

Institutional venture firmpart of EQTSEC exempt reporting adviserClassification probable· Amsterdamlspvc.com

Institutional venture firm, based in Amsterdam, reporting $912M of fund assets across 4 funds.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$912M
the adviser's own Form ADV total
New companies, 12 mo
3
Investment team
11
Latest vintage
2023
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

2 additional team members, 37 additional co-investors and affiliates, 3 additional investments, funds and LPs, 1 event, 1 verified contact (1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Nothing material in the last 180 days.

People to know

View all people

Relationship network

16 connected entities

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to LSP Advisory Bv: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to LSP Advisory Bv

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

43 companies on record, 3 new in 12 months

Investments on record

43 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.

Stated thesis versus observed behaviour

no observed deals yet
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
Geography
not stated
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
Industries, each company once
Life sciences (1)
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 3

Team

19 current, 1 departed

Decision makers

who to call first, and why; then everyone else by function
  • Joachem Guenter Rothe · Managing Director
    Why this person: Managing director; Named with investment responsibility
  • Marcus Antonius Wegter · Managing Director
    Why this person: Managing director; Named with investment responsibility
  • Martijn (nmn) Kleijwegt · Managing Director
    Why this person: Managing director; Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

19 current, 1 departed

Contacts

1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

4 vehicles, 0 LPs disclosed

Funds and vehicles

4 reported, 2 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
LSP 7Fund2021 form d first saleMature$222M
Mar 29, 2024
284$688M
of $1.2B
Aug 19, 2021
LSP Dementia FundFund2020 form d first saleMature$58.0M
Mar 29, 2024
72$50.0MFeb 11, 2021
Life Sciences Partners 6 CvFund2018 form d first saleHarvest$355M
Mar 29, 2024
285$43.8M
of $43.8M
Mar 14, 2018

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

1 relationship across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Gates Foundation TrustFOUNDATIONLSP Dementia Fund$10.2M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

90 co-investors · on 1 other DFX graph

Co-investors

90 counted from shared deals, for the whole firm
Across DFX and the capital chainon 1 other DFX graph · 1 capital path Show
Across DFX
Across the graphs

LSP Advisory Bv is the same institution as 1 record in Allocators.

Allocators1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Capital chain

LSP Advisory Bv sits on 1 traced path of capital across the graphs.

Allocator commitments to a manager

DFX traced 1 path of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

6 dated events, 18 observations from 2 sources

Timeline

6 dated events
  1. Mar 29, 2024
    LSP Health Economics Fund 2 no longer reported on Form ADV by LSP Advisory Bv
    Fund no longer reportedFundsInferenceLSP Health Economics Fund 2Form ADV
  2. Mar 29, 2024
    LSP Health Economics Fund no longer reported on Form ADV by LSP Advisory Bv
    Fund no longer reportedFundsInferenceLSP Health Economics FundForm ADV
  3. Mar 30, 2023
    LSP Health Economics Fund first reported on Form ADV by LSP Advisory Bv (Venture Capital Fund), GAV $60,232,853
    Fund first reported on Form ADVFundsFactLSP Health Economics FundForm ADV
  4. Mar 30, 2023
    LSP Health Economics Fund 2 first reported on Form ADV by LSP Advisory Bv (Venture Capital Fund), GAV $215,963,573
    Fund first reported on Form ADVFundsFactLSP Health Economics Fund 2Form ADV
  5. Mar 30, 2022
    LSP Advisory Bv first filed Form ADV (ERA)
    First SEC adviser filingOrganizationFactForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 29, 2024 · 4 private fundsShow
Headquarters
Amsterdam, Netherlandsadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
lspvc.com
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Private fund adviseradviserinfo.sec.gov
Latest Form ADV
Mar 29, 2024
Private funds reported
4 (4 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$912Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
EQT Life Sciences Group B.V. (Owner), owns 75% or more; EQT Ab (Sole Shareholder), owns 75% or more

Classification history

Every classification this record has carried1 on recordShow
  1. Sep 12, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $912M across 4 vehicles

Evidence

18 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC exemption claimedPrivate fund adviserMar 29, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 29, 2024FactForm ADV
First Form ADV filing2022-03-30Mar 29, 2024FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2024-03-29Mar 29, 2024FactForm ADV
Venture share of reported funds1Mar 29, 2024FactForm ADV
Business phoneMar 29, 2024FactForm ADV
HeadquartersAmsterdam, NetherlandsMar 29, 2024FactForm ADV
Office addressMar 29, 2024FactForm ADV
Legal formOther (specify)Mar 29, 2024FactForm ADV
Private funds reported4Mar 29, 2024FactForm ADV
Private fund gross assets (reported)$912MMar 29, 2024FactForm ADV
Venture funds reported4Mar 29, 2024FactForm ADV
WebsiteMar 29, 2024FactForm ADV
Website resolved domaineqtgroup.comSep 14, 2026FactFirm website
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, probable · 3 filing advisers share this firmShow
Importance
31
moderate
Active deployment
25
moderate
Emerging
0
low
Freshness
91
high
Institutional venture firm · probableSEC exempt reporting adviser

Venture manager, reported GAV $912M across 4 vehicles

One of 3 advisers that share lspvc.com; the firm is EQT. EQT Fund Management S.A.R.L, LSP Or Life Sciences Partners. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: 0.59 · funds: 0.5 · people: 0.2 · investments: 0 · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 6 · reported gav: $912M · first adv filing: 2022-03-30 · years since first filing: 4.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

2 identity changes, 1 dated event on the change ledger, latest event first
  • Grouped with firm
    2026-10-01
  • Grouped with firm
    2026-09-12
  • Adviser's first ADV filing
    2022-03-30source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.