other names
{{ Info.Overview }}
Revenue {{ Info.Revenue | formatUSD }}
Headquarters {{ Info.Headquarters }}

Adviser Profile

As of Date 03/30/2024
Adviser Type - Large advisory firm
Number of Employees 53 8.16%
of those in investment advisory functions 37
Registration SEC, Approved, 12/17/2021
AUM* 3,560,674,175 -0.45%
of that, discretionary 3,560,674,175 -0.45%
Private Fund GAV* 2,703,027,395 -24.43%
Avg Account Size 445,084,272 -0.45%
SMA’s No
Private Funds 8
Contact Info 650 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Reported AUM

Discretionary
Non-discretionary
4B 3B 3B 2B 2B 1B 577M
2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count2 GAV$1,181,816,158
Fund TypePrivate Equity Fund Count3 GAV$639,646,373
Fund TypeVenture Capital Fund Count3 GAV$881,564,864

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM #Funds
Adviser FRANKLIN PARK Hedge Fund- Liquidity Fund- Private Equity Fund3.8b Real Estate Fund- Securitized Asset Fund- Venture Capital Fund1.5b Other Fund- Total Private Fund GAV6.7b AUM8.6b #Funds45
Adviser PETERSON PARTNERS Hedge Fund- Liquidity Fund- Private Equity Fund1.4b Real Estate Fund- Securitized Asset Fund- Venture Capital Fund344.4m Other Fund- Total Private Fund GAV2.1b AUM2.1b #Funds31
Adviser CROSSTIMBERS CAPITAL GROUP, LLC Hedge Fund- Liquidity Fund- Private Equity Fund425.5m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund79.4m Other Fund- Total Private Fund GAV584.2m AUM712.9m #Funds16
Adviser 137 VENTURES MANAGEMENT, LLC Hedge Fund- Liquidity Fund- Private Equity Fund2.9b Real Estate Fund- Securitized Asset Fund- Venture Capital Fund1.5b Other Fund- Total Private Fund GAV6.0b AUM3.6b #Funds31
Adviser QUIET CAPITAL MANAGEMENT, LLC Hedge Fund- Liquidity Fund- Private Equity Fund221.3m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund1.6b Other Fund- Total Private Fund GAV3.5b AUM1.9b #Funds60
Adviser GENERATION PARTNERS MANAGEMENT, LLC Hedge Fund- Liquidity Fund- Private Equity Fund126.8m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund278.2m Other Fund- Total Private Fund GAV683.2m AUM405.0m #Funds8
Adviser BELIEF, LLC Hedge Fund- Liquidity Fund- Private Equity Fund22.1m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund13.0m Other Fund- Total Private Fund GAV48.1m AUM- #Funds10
Adviser TCV Hedge Fund- Liquidity Fund- Private Equity Fund20.0b Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV20.0b AUM20.0b #Funds30
Adviser HOLLENCREST CAPITAL MANAGEMENT Hedge Fund- Liquidity Fund- Private Equity Fund69.0m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund5.4m Other Fund- Total Private Fund GAV79.8m AUM2.4b #Funds3
Adviser FIRST ANALYSIS CAPITAL MANAGEMENT LLC Hedge Fund- Liquidity Fund- Private Equity Fund105.3m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund94.2m Other Fund- Total Private Fund GAV293.6m AUM199.5m #Funds12

Brochure Summary

Overview

Frazier Life Sciences is an investment manager focused exclusively on companies developing and commercializing novel therapeutics at all stages, from company formation to publics. Frazier Life Sciences was formed in October 2021, started operations January 1, 2022 and is principally owned by Jamie Topper and Patrick Heron. Dr. Topper owns Frazier Life Sciences indirectly through a wholly-owned entity, Topper Family, LLC, and Mr. Heron owns Frazier Life Sciences indirectly through a wholly-owned entity, Galena Holdings, LLC. As of December 31, 2023, Frazier Life Sciences’ regulatory assets under management is $3,560,674,175, all of which is managed on a discretionary basis. Frazier Life Sciences provides discretionary investment management services to U.S. private investment funds which includes Frazier Healthcare VII, L.P. (managed by its general partner, FHM VII, L.P.), Frazier Healthcare VII-A, L.P. (managed by its general partner, FHM VII, L.P.), Frazier Life Sciences VIII, L.P. (managed by its general partner, FHM Life Sciences VIII, L.P.), Frazier Life Sciences IX, L.P. (managed by its general partner, FHMLS IX, L.P.), Frazier Life Sciences X, L.P. (managed by its general partner, FHMLS X, L.P.), Frazier Life Sciences Public Fund, L.P. (managed by its general partner, FHMLSP, L.P.), Frazier Life Sciences XI, L.P. (managed by its general partner, FHMLS XI, L.P.), and Frazier Life Sciences Public Overage Fund, L.P. (managed by its general partner, FHMLSP Overage, L.P. each a “General Partner,” and collectively, together with any future affiliated general partner entities, the “General Partners”) (collectively, the “Frazier Life Sciences Funds”). In providing such advisory services, Frazier Life Sciences utilizes strategies based on evaluating pharmaceutical and biotechnology companies developing and commercializing novel therapeutics at all stages, from company formation to publics globally. In providing its investment advisory services, each fund’s general partner determines when and which investments will be acquired, disposed of, or exchanged on behalf of its fund clients to maintain a portfolio consistent with each client’s objectives. Additionally, Frazier Life Sciences has provided and may in the future provide certain current or prospective investors or other persons (including other sponsors, market participants, finders, consultants and other service providers, portfolio company management or personnel, Frazier Life Sciences’ personnel and/or certain other persons associated with Frazier Life Sciences and/or its affiliates) the opportunity to participate directly in certain portfolio companies by co-investing alongside the Frazier Life Sciences Funds or in co-invest vehicles that will invest in certain portfolio companies alongside a Frazier Life Sciences Fund. Frazier
Life Sciences Public Fund, L.P. (“FLSPF”) and Frazier Life Sciences Public Overage Fund, L.P. (“Overage Fund,” and together with FLSPF, the “Public Funds”) primarily invest in public pharmaceutical and biotechnology companies, but may also invest up to 20% of their investment portfolio in crossover/mezzanine financings of private companies. All other Frazier Life Sciences Funds primarily invest in private pharmaceutical and biotechnology companies with the ability to invest a limited amount of aggregate subscriptions in public pharmaceutical and biotechnology companies. Frazier Life Sciences’ advisory services to the Frazier Life Sciences Funds consist of (i) investigating, identifying and evaluating investment opportunities; (ii) structuring, negotiating and making investments on behalf of the Frazier Life Sciences Funds; (iii) managing and monitoring the performance of such investments; and (iv) exiting such investments on behalf of the Frazier Life Sciences Funds. Frazier Life Sciences’ advisory services to each Frazier Life Sciences Fund are subject to the specific investment objectives and restrictions applicable to such Frazier Life Sciences Fund, as set forth in such Frazier Life Sciences Fund’s limited partnership agreement, confidential private placement memorandum and other governing documents (collectively, the “Governing Documents”). Investors and prospective investors in each Frazier Life Sciences Fund should refer to the Governing Documents of that Frazier Life Sciences Fund for information on the investment objectives and investment restrictions with respect to that Frazier Life Sciences Fund. There can be no assurance that any of the Frazier Life Sciences Funds’ investment objectives will be achieved or that investors will not lose investment capital. One or more of the Frazier Life Sciences Funds or their General Partners have entered and expect in the future to enter into “side letters” or similar agreements with certain investors pursuant to which the Frazier Life Sciences Fund or its General Partner grants the investor specific rights, benefits, or privileges that are not made available to investors generally. Such “side letters” or similar agreements generally are disclosed only to investors in the applicable Frazier Life Sciences Fund that have separately negotiated with Frazier Life Sciences for the right to review such “side letters” or similar agreements. Certain side letter rights are likely to confer benefits on the relevant limited partner at the expense of the relevant Frazier Life Sciences Fund or of limited partners as a whole, including in the event that a side letter confers additional reporting, information rights and/or transfer rights, the costs and expenses of which are expected to be borne by the relevant Frazier Life Sciences Fund.