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 / Biospring Partners Fund LP
Biospring Partners Fund LP
Amounts, each with its basis
- Vintage
- unknownno dated first sale or first report yet
- 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
- unknownwhat may be sold, not what was raised; file 021-1816311, sworn by the adviser or filed under this vehicle
- Form D sold
- unknown
- First sale
- unknown
- Reported GAV
- $229Mon the Form ADV filed Mar 21, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 140
- Reported on ADV
- Jun 3, 2022 to Mar 21, 2024
Fundraising evidence
Unknown
no Form D or close on record (fr-1)
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
Unknown
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: 2024-03-21vintage basis: n/aform d sold usd: n/aform d offering usd: n/aform d latest filed at: n/a
The fund's own reporting through time
8 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Aug 31, 2020 | Venture Capital Fund | $18.0M | 10 | $1.0M | 2% | yes | |
| Mar 29, 2021 | Venture Capital Fund | $18.0M | 10 | $1.0M | 2% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $134M | 42 | $50,000 | 3% | yes | |
| Jun 3, 2022 | Venture Capital Fund | $222M | 140 | $50,000 | 7% | yes | |
| Jul 28, 2022 | Venture Capital Fund | $134M | 42 | $50,000 | 3% | yes | |
| Aug 3, 2022 | Venture Capital Fund | $222M | 140 | $50,000 | 7% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $215M | 140 | $50,000 | 7% | yes | |
| Mar 21, 2024 | Venture Capital Fund | $229M | 140 | $50,000 | 7% | yes |
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
Limited partners and their reported performance
2 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Los Angeles City Employees' Retirement System lacers.org | 2020 | $20.0M | $19.9M | $2.9M | $20.1M | 6.5% | 1.1x | Dec 31, 2025 |
| Los Angeles City Employees' Retirement System lacers.org | 2021 | $20.0M | n/a | n/a | n/a | not meaningful yet | unknown | Oct 13, 2021 |
Each row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).
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
- Dec 31, 2025LACERS reports Biospring Partners Fund: $20,000,000 committed, vintage 2020, net IRR 6.5%, 1.15xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Oct 13, 2021LACERS commits $20,000,000 to Biospring Partners Fund (Biospring Partners), closed 2021-10-13, new relationship
- Aug 31, 2020Biospring Partners Fund LP first reported on Form ADV by Biospring Management Partners LP (Venture Capital Fund), GAV $18,000,000Fund 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)
Evidence
0 observations