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 / Westlake Biopartners Fund I, L.P.

Westlake Biopartners Fund I, L.P.

HarvestClosed to new capitalFundADV: Venture Capital FundWestlake Biopartners, LLCDelaware
Amounts, each with its basis
Vintage
2018basis: 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
$320Mwhat may be sold, not what was raised; file 021-320610, sworn by the adviser or filed under this vehicle
Form D sold
$320Mas of the filing of Sep 4, 2018, 33 investors
First sale
Aug 28, 2018
Reported GAV
$523Mon the Form ADV filed Dec 13, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
35
Reported on ADV
Oct 24, 2018 to Dec 13, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2018-09-04: the stated $320.0M offering reported fully sold (fr-1)
evidence dated Sep 4, 2018. 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: 8first sale: 2018-08-28vintage year: $2,018adv gav as of: 2024-12-13vintage basis: form_d_first_saleform d sold usd: $320Mform d offering usd: $320Mform d latest filed at: 2018-09-04
The fund's own reporting through time
10 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Oct 24, 2018Venture Capital Fund$327M
34$250,0002%yes
Mar 29, 2019Venture Capital Fund$324M
34$250,0002%yes
Mar 25, 2020Venture Capital Fund$316M
34$250,0002%yes
Mar 31, 2021Venture Capital Fund$448M
342%yes
Mar 30, 2022Venture Capital Fund$476M
332%yes
Mar 30, 2023Venture Capital Fund$531M
332%yes
Aug 17, 2023Venture Capital Fund$531M
332%yes
Mar 30, 2024Venture Capital Fund$523M
352%yes
Dec 12, 2024Venture Capital Fund$523M
352%yes
Dec 13, 2024Venture Capital Fund$523M
352%yes
Principals and agents
3 principals on Form D, 0 placement agents
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
2 events
  1. Oct 24, 2018
    Westlake Biopartners Fund I, L.P. first reported on Form ADV by Westlake Biopartners, LLC (Venture Capital Fund), GAV $326,530,612
    Fund 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)
  2. Sep 4, 2018
    Westlake BioPartners Fund I, L.P. filed Form D: $320,000,000 sold of $320,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle