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 / Bios Fund III Qp, LP

Bios Fund III Qp, LP

MatureUnknownFeeder or parallelADV: Venture Capital FundSteelhead Capital Management, LLC
Amounts, each with its basis
Vintage
2020basis: adv first reported
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; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the adviser itself named on the filing, the general partner the adviser swears for this fund, the filing's signer sitting on the adviser's roster, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-371611
Form D sold
unknown
First sale
unknown
Reported GAV
$86.4Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
305
Reported on ADV
Mar 25, 2020 to Mar 28, 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
Mature
vintage 4 to 7 years
age years: 6first sale: n/avintage year: $2,020adv gav as of: 2024-03-28vintage basis: adv_first_reportedform d sold usd: n/aform d offering usd: n/aform d latest filed at: n/a
The fund's own reporting through time
14 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 25, 2020Venture Capital Fund$32.0M
55$500,00022%no
Mar 28, 2020Venture Capital Fund$32.0M
55$500,0001%no
Mar 31, 2021Venture Capital Fund$43.4M
301$200,0005%yes
Mar 31, 2021Venture Capital Fund$43.4M
301$200,0002%yes
Sep 3, 2021Venture Capital Fund$43.4M
301$200,0005%yes
Oct 12, 2021Venture Capital Fund$43.4M
301$200,0002%yes
Mar 29, 2022Venture Capital Fund$58.7M
301$200,0002%yes
Mar 29, 2022Venture Capital Fund$58.7M
301$200,0005%yes
Feb 3, 2023Venture Capital Fund$58.7M
301$200,0002%yes
Mar 30, 2023Venture Capital Fund$80.2M
303$200,0002%yes
Mar 30, 2023Venture Capital Fund$80.2M
303$200,0005%yes
Mar 30, 2023Venture Capital Fund$80.2M
303$200,0002%yes
Mar 25, 2024Venture Capital Fund$86.4M
305$200,0001%yes
Mar 28, 2024Venture Capital Fund$86.4M
305$200,0007%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
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
1 events
  1. Mar 25, 2020
    Bios Fund III Qp, LP first reported on Form ADV by Steelhead Capital Management, LLC (Venture Capital Fund), GAV $31,955,000
Evidence
0 observations
Every observation on this vehicle