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

Active deploymentUnknownFundADV: Venture Capital FundSante VenturesDelaware
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
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 31, 2022Venture Capital Fund$186M
26$500,0002%yes
Mar 30, 2023Venture Capital Fund$186M
26$500,0002%yes
Mar 27, 2024Venture Capital Fund$220M
26$500,0002%yes
Principals and agents
4 principals on Form D, 1 placement agents
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
Pennsylvania Public School Employees' Retirement System pa.gov2021$75.0M$56.9Mn/a$95.0M23.7%1.7xDec 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
  1. Dec 31, 2025
    PSERS reports Sante Health Ventures IV: $75,000,000 committed, vintage 2021, net IRR 23.7%, 1.67x
  2. Dec 31, 2025
    PSERS reports Sante Health Ventures IV: $75,000,000 committed, vintage 2021, net IRR 23.7%, 1.67x
  3. Mar 31, 2022
    Santé Health Ventures IV, LP first reported on Form ADV by Sante Ventures (Venture Capital Fund), GAV $185,993,880
  4. Mar 31, 2021
    Sante Health Ventures IV, LP filed Form D: no sales yet of $250,000,000, Venture Capital Fund
Evidence
15 observations
Every observation on this vehicle