Investment adviser · CRD 156149

BVF PARTNERS L.P.

Investment adviser filing (IA)

SAN FRANCISCO, CA, United States · Form ADV filed Mar 31, 2026

Regulatory AUM
$6.11B
Form ADV · Item 5.F
Client accounts
7
Accounts, not individual clients
Employees
13
Reported in this filing
Advisory professionals
10
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles5$5,977,835,21497.9%
Corporations & businessesFewer than 5$130,065,0962.1%
Filing source

Form ADV 2082729 · Mar 31, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

5 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

BIOTECHNOLOGY VALUE FUND, LPHedge Fund · Last reported Mar 31, 2026$3.15BGross asset value

Form D fundraising filings

BIOTECHNOLOGY VALUE FUND L P

Fund administrator CITCO FUND ADMINISTRATION (CAYMAN ISLANDS) LIMITED CAMANA BAY, GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS, LLP CHICAGO, Illinois, United States
Custodian JEFFERIES LLC NEW YORK, New York, United States Related to adviser: No
Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No
Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No
Prime broker JEFFERIES LLC NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS, LLP
PCAOB 238

JEFFERIES LLC
SEC 8-15074

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

JEFFERIES LLC
CRD 2347 · SEC 8-15074

Fund details & source
Fund ID
805-6980425183
Reported beneficial owners
54
Minimum commitment
$25M
Form D file number
021-149395

Form ADV 2082729 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BIOTECHNOLOGY VALUE FUND II, L.P.Hedge Fund · Last reported Mar 31, 2026$2.5BGross asset value

Form D fundraising filings

BIOTECHNOLOGY VALUE FUND II LP

Fund administrator CITCO FUND ADMINISTRATION (CAYMAN ISLANDS) LIMITED CAMANA BAY, GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS, LLP CHICAGO, Illinois, United States
Custodian JEFFERIES LLC NEW YORK, New York, United States Related to adviser: No
Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No
Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No
Prime broker JEFFERIES LLC NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS, LLP
PCAOB 238

JEFFERIES LLC
SEC 8-15074

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

JEFFERIES LLC
CRD 2347 · SEC 8-15074

Fund details & source
Fund ID
805-6974108223
Reported beneficial owners
116
Minimum commitment
$25M
Form D file number
021-123219

Form ADV 2082729 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BIOTECHNOLOGY VALUE TRADING FUND OS LPHedge Fund · Last reported Mar 31, 2026$335MGross asset value

Feeder funds

  • BIOTECHNOLOGY VALUE FUND OS LP
Fund administrator CITCO FUND ADMINISTRATION (CAYMAN ISLANDS) LIMITED CAMANA BAY, GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS, LLP GEORGETOWN, GRAND CAYMAN, Cayman Islands
Custodian JEFFERIES LLC NEW YORK, New York, United States Related to adviser: No
Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No
Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No
Prime broker JEFFERIES LLC NEW YORK, New Hampshire, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS, LLP
PCAOB 238

JEFFERIES LLC
SEC 8-15074

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

JEFFERIES LLC
CRD 2347 · SEC 8-15074

Fund details & source
Fund ID
805-7732417225
Reported beneficial owners
4
Minimum commitment
$2.5M

Form ADV 2082729 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BVF INVESTMENTS, LLCHedge Fund · Last reported Mar 31, 2026$1.59MGross asset value
Fund administrator CITCO FUND ADMINISTRATION (CAYMAN ISLANDS) LIMITED CAMANA BAY, GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS, LLP CHICAGO, Illinois, United States
Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS, LLP
PCAOB 238

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source
Fund ID
805-5087068635
Reported beneficial owners
2
Minimum commitment
$25M

Form ADV 2082729 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BVF BIOTICA SPV L.P.Hedge Fund · Last reported Jun 10, 2016$0Gross asset value
Fund administrator GROSVENOR CAPITAL MANAGEMENT, L.P. CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS, LLP CHICAGO, Illinois, United States
Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

Fund details & source
Fund ID
805-4446906584
Reported beneficial owners
1
Minimum commitment
$5M

Form ADV 1023700 · Jun 10, 2016 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

44 MONTGOMERY STREET, SUITE 4000
SAN FRANCISCO, CA, 94104, United States

CRD 156149

Filing source

Form ADV 2082729 · Mar 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.