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.

Funds / Foundation Medical Partners IV, L.P.

Foundation Medical Partners IV, L.P.

HarvestUnknownFundADV: Venture Capital FundFlare Capital Management Company, LLCDelaware
Amounts, each with its basis
Vintage
2013basis: form d first sale
Target
unknownnot announced
First close
unknownnever inferred from a Form D
Final close
unknownonly from an announcement or an LP disclosure
Announced size
unknown
Form D offering
indefinitewhat may be sold, not what was raised; file 021-204773, sworn by the adviser or filed under this vehicle
Form D sold
$133Mas of the filing of Apr 16, 2015, 44 investors
First sale
Oct 23, 2013
Reported GAV
$398Mon the Form ADV filed Mar 15, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
55
Reported on ADV
Mar 31, 2014 to Mar 15, 2024
Fundraising evidence
Unknown
latest Form D 2015-04-16, older than 15 months (fr-1)
evidence dated Apr 16, 2015. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Harvest
vintage over 7 years, still reported
age years: 13first sale: 2013-10-23vintage year: $2,013adv gav as of: 2024-03-15vintage basis: form_d_first_saleform d sold usd: $133Mform d offering usd: n/aform d latest filed at: 2015-04-16
The fund's own reporting through time
12 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 31, 2014Venture Capital Fund$83.5M
28$50,0001%yes
Mar 30, 2015Venture Capital Fund$120M
46$50,0002%yes
Mar 29, 2016Venture Capital Fund$166M
52$1.0M2%yes
Mar 10, 2017Venture Capital Fund$166M
54$1.0M2%yes
Nov 16, 2017Venture Capital Fund$166M
54$1.0M2%yes
Mar 9, 2018Venture Capital Fund$171M
54$1.0M2%yes
Mar 12, 2019Venture Capital Fund$190M
54$1.0M2%yes
Mar 13, 2020Venture Capital Fund$224M
55$1.0M2%yes
Mar 2, 2021Venture Capital Fund$309M
55$1.0M2%yes
Mar 18, 2022Venture Capital Fund$454M
56$1.0M2%yes
Mar 21, 2023Venture Capital Fund$357M
56$1.0M2%yes
Mar 15, 2024Venture Capital Fund$398M
55$1.0M2%yes
Principals and agents
1 principals on Form D, 0 placement agents
  • General Partner Foundation Medical Managers IV, LLC Promoter
Limited partners and their reported performance
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
3 events
  1. Apr 16, 2015
    Foundation Medical Partners IV, L.P. filed Form D/A: $132,750,000 sold (indefinite offering), Venture Capital Fund
  2. Mar 31, 2014
    Foundation Medical Partners IV, L.P. first reported on Form ADV by Foundation Medical Partners (Venture Capital Fund), GAV $83,501,684
  3. Oct 17, 2013
    Foundation Medical Partners IV, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital Fund
Evidence
31 observations
Every observation on this vehicle