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.
Funds / Physician Fund LP
Physician Fund LP
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
- $11.2Mwhat may be sold, not what was raised; file 021-199616, sworn by the adviser or filed under this vehicle
- Form D sold
- $11.2Mas of the filing of Jul 14, 2016, 78 investors
- First sale
- Jul 1, 2013
- Reported GAV
- $18.3Mon the Form ADV filed Mar 1, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 78
- Reported on ADV
- Feb 22, 2021 to Mar 1, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2016-07-14: the stated $11.2M offering reported fully sold (fr-1)
evidence dated Jul 14, 2016. 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: 2013-07-01vintage year: $2,013adv gav as of: 2024-03-01vintage basis: form_d_first_saleform d sold usd: $11.2Mform d offering usd: $11.2Mform d latest filed at: 2016-07-14
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Feb 22, 2021 | Venture Capital Fund | $16.2M | 78 | 3% | yes | ||
| Feb 2, 2022 | Venture Capital Fund | $21.2M | 78 | 3% | yes | ||
| Feb 10, 2023 | Venture Capital Fund | $17.5M | 78 | 3% | yes | ||
| Mar 1, 2024 | Venture Capital Fund | $18.3M | 78 | 3% | yes |
Principals and agents
2 principals on Form D, 0 placement agents
- Gary Abrahams Executive Officer
- Bobby Bahram Executive Officer
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
4 events
- Feb 22, 2021Physician Fund LP first reported on Form ADV by Excelerate Health Ventures LLC (Venture Capital Fund), GAV $16,231,382Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 14, 2016Physician Fund LP filed Form D/A: $11,200,000 sold of $11,200,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Jan 10, 2014Physician Fund LP filed Form D/A: $6,900,000 sold (indefinite offering), Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Jul 15, 2013Physician Fund LP filed Form D: $5,075,000 sold of $15,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
48 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $11.2M Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $6.9M Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $5.1M Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $11.2M Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $15.0M Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.1 Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2013-07-01 Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2013-07-01 Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2013-07-01 Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 78 Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 52 Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 38 Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 12,500 Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 12,500 Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 12,500 Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2 DAVIS DRIVE, SUITE 105, RESEARCH TRIANGLE PARK, NC, 27709 Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2 DAVIS DRIVE, SUITE 105, RESEARCH TRIANGLE PARK, NC, 27709 Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2 DAVIS DRIVE, SUITE 105, RESEARCH TRIANGLE PARK, NC, 27709 Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2013 Jul 14, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2013 Jan 10, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2013 Jul 15, 2013 Fact SEC EDGAR Form D data sets (quarterly)