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 / Heritage Healthcare Innovation Fund, LP

Heritage Healthcare Innovation Fund, LP

HarvestUnknownFundADV: Venture Capital FundHG Capital Management, LLCDelaware
Amounts, each with its basis
Vintage
2011basis: 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
$200Mwhat may be sold, not what was raised; file 021-154312, sworn by the adviser or filed under this vehicle
Form D sold
$157Mas of the filing of Apr 25, 2012, 29 investors
First sale
Jan 12, 2011
Reported GAV
$38.9Mon the Form ADV filed Mar 15, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
25
Reported on ADV
Mar 30, 2012 to Mar 15, 2024
Fundraising evidence
Unknown
latest Form D 2012-04-25, older than 15 months (fr-1)
evidence dated Apr 25, 2012. 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: 15first sale: 2011-01-12vintage year: $2,011adv gav as of: 2024-03-15vintage basis: form_d_first_saleform d sold usd: $157Mform d offering usd: $200Mform d latest filed at: 2012-04-25
The fund's own reporting through time
17 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2012Venture Capital Fund$128M
18$1.0M4%yes
Mar 4, 2013Venture Capital Fund$128M
18$1.0M4%yes
Mar 31, 2014Venture Capital Fund$128M
18$1.0M4%yes
Feb 27, 2015Venture Capital Fund$168M
30$1.0M3%yes
Jun 26, 2015Venture Capital Fund$168M
30$1.0M3%yes
Feb 1, 2016Venture Capital Fund$192M
30$1.0M3%yes
Mar 28, 2017Venture Capital Fund$205M
30$1.0M3%yes
Mar 23, 2018Venture Capital Fund$366M
30$1.0M3%yes
Mar 28, 2019Venture Capital Fund$232M
30$1.0M3%yes
Mar 27, 2020Venture Capital Fund$228M
30$1.0M3%yes
Jan 11, 2021Venture Capital Fund$223M
30$1.0M3%yes
Sep 3, 2021Venture Capital Fund$223M
30$1.0M3%yes
Jan 4, 2022Venture Capital Fund$223M
30$1.0M3%yes
Mar 22, 2022Venture Capital Fund$106M
30$1.0M3%yes
Nov 4, 2022Venture Capital Fund$106M
30$1.0M3%yes
Mar 22, 2023Venture Capital Fund$237M
30$1.0M3%yes
Mar 15, 2024Venture Capital Fund$38.9M
25$1.0M3%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
4 events
  1. Apr 25, 2012
    Heritage Healthcare Innovation Fund, LP filed Form D/A: $157,050,000 sold of $200,000,000, Venture Capital Fund
  2. Mar 30, 2012
    Heritage Healthcare Innovation Fund, LP first reported on Form ADV by HG Capital Management, LLC (Venture Capital Fund), GAV $128,357,133
  3. Jan 20, 2012
    Heritage Healthcare Innovation Fund, LP filed Form D/A: $131,000,000 sold of $200,000,000, Venture Capital Fund
  4. Jan 25, 2011
    Heritage Healthcare Innovation Fund, LP filed Form D: $78,000,000 sold of $200,000,000, Venture Capital Fund
Evidence
48 observations
Every observation on this vehicle