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 / Santé Health Ventures IV, LP
Santé Health Ventures IV, LP
Amounts, each with its basis
- Vintage
- 2022basis: 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
- $250Mwhat may be sold, not what was raised; file 021-394149, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Mar 31, 2021
- First sale
- unknown
- Reported GAV
- $220Mon the Form ADV filed Mar 27, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 26
- Reported on ADV
- Mar 31, 2022 to Mar 27, 2024
Fundraising evidence
Unknown
latest Form D 2021-03-31, older than 15 months (fr-1)
evidence dated Mar 31, 2021. 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
Active deployment
vintage 2 to 4 years
age years: 4first sale: n/avintage year: $2,022adv gav as of: 2024-03-27vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $250Mform d latest filed at: 2021-03-31
The fund's own reporting through time
3 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2022 | Venture Capital Fund | $186M | 26 | $500,000 | 2% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $186M | 26 | $500,000 | 2% | yes | |
| Mar 27, 2024 | Venture Capital Fund | $220M | 26 | $500,000 | 2% | yes |
Principals and agents
4 principals on Form D, 1 placement agents
- Eadie IV James Director
- JOE H Cunningham Director
- SHV Management Services IV, LP Promoter
- Kevin M Lalande Director
- FAR Hills Group, LLC placement agent
Limited partners and their reported performance
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Pennsylvania Public School Employees' Retirement System pa.gov | 2021 | $75.0M | $56.9M | n/a | $95.0M | 23.7% | 1.7x | Dec 31, 2025 |
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
4 events
- Dec 31, 2025PSERS reports Sante Health Ventures IV: $75,000,000 committed, vintage 2021, net IRR 23.7%, 1.67xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Dec 31, 2025PSERS reports Sante Health Ventures IV: $75,000,000 committed, vintage 2021, net IRR 23.7%, 1.67xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 31, 2022Santé Health Ventures IV, LP first reported on Form ADV by Sante Ventures (Venture Capital Fund), GAV $185,993,880Fund 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)
- Mar 31, 2021Sante Health Ventures IV, LP filed Form D: no sales yet of $250,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $250M Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 201 WEST 5TH STREET, SUITE 1500, AUSTIN, TX, 78701 Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Mar 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)