Hedge Fund Database

PROPEL BIO MANAGEMENT, LLC

Adviser information for PROPEL BIO MANAGEMENT, LLC last updated from Form ADV on March 25th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Delaware, United States

Employees

Total Number of Employees 6
Investment Advisory/Research 5
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 0
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 3 $137.0M
Non-Discretionary 0 $0
Total 3 $137.0M

Clients

Type Number RAUM
Individuals 0 $0
HNW Individuals 0 $0
Banking or thrift institutions 0 $0
Investment companies 1 $92.6M
Business development companies 0 $0
Pooled investment vehicles 1 $44.4M
Pension and profit sharing plans 0 $0
Charitable organizations 0 $0
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 0 $0
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0

Services

Advisory Services Portfolio management for investment companiesPortfolio management for pooled investment vehicles
Compensation % of AUMPerformance-based fees

Identifiers

SEC RIA File Number 801-126889
SEC ERA File Number 801-126889
SEC CIK Numbers 1969764
SEC CRD Numbers 322858
Legal Entity Identifier None

Principal Office

11620 WILSHIRE BLVD
SUITE 350
LOS ANGELES
CA
United States
Monday - Friday, 8:00 - 5:00
Tel: 206 602 9246, Fax: None

Websites

www.linkedin.com/company/propel-bio-partners/about/ www.propelbio.com

Chief Compliance Officer

XUE HUA
11620 WILSHIRE BLVD
SUITE 350
LOS ANGELES
CA
United States
Tel: 310-382-0158
(Full email address available in API data)

Regulatory Contact

LEEN KAWAS
MANAGING GENERAL PARTNER
11620 WILSHIRE BLVD
SUITE 350
LOS ANGELES
CA
United States
Tel: 206-602-9246

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
PROPEL BIO PARTNERS, L.P. Venture Capital Fund $44.4M $1.0M 14
PROPEL BIO SPV 2, LLC SPECIAL PURPOSE VEHICLE $0.0M $1.0M 5

Control Persons

Name Type Entity Title Since Ownership
KAWAS, LEEN Individual – MANAGING GENERAL PARTNER 01/2022 > 75%
Hua, Xue Individual – CHIEF COMPLIANCE OFFICER 03/2024 < 5%

No. Employees, Historic

105020222023202420254 on 10/17/20225 on 3/31/20235 on 8/15/20236 on 3/25/2024

RAUM, Historic

200M100M0202220232024202529164884 on 10/17/2022109444828 on 3/31/2023109444828 on 8/15/2023137021209 on 3/25/2024

No. Clients, Historic

105020222023202420252 on 10/17/20222 on 3/31/20232 on 8/15/20232 on 3/25/2024

Holdings

From latest 13F, filed August 12th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ABEONA THERAPEUTICS INC COMM 3M 624K Simplify Asset Management Inc.
ACHIEVE LIFE SCIENCES INC COMM 12M 2M Simplify Asset Management Inc.
AKERO THERAPEUTICS INC COMM 8M 328K Simplify Asset Management Inc.
APPLIED THERAPEUTICS INC COMM 31M 7M Simplify Asset Management Inc.
ARDELYX INC COMM 7M 925K Simplify Asset Management Inc.
AVIDITY BIOSCIENCES INC COMM 7M 179K Simplify Asset Management Inc.
CHINOOK THERAPEUTICS COMM 10K 79K Simplify Asset Management Inc.
CYBIN INC COMM 230K 850K Simplify Asset Management Inc.
EIGER BIOPHARMACEUTICALS COMM 2M 146K Simplify Asset Management Inc.
FULCRUM THERAPEUTICS INC COMM 5M 750K Simplify Asset Management Inc.
KURA ONCOLOGY INC COMM 3M 130K Simplify Asset Management Inc.
KYMERA THERAPEUTICS INC COMM 2M 56K Simplify Asset Management Inc.
MADRIGAL PHARMACEUTICALS COMM 12M 43K Simplify Asset Management Inc.
PHATHOM PHARMACEUTICALS I COMM 9M 870K Simplify Asset Management Inc.
SYNDAX PHARMACEUTICALS IN COMM 2M 83K Simplify Asset Management Inc.
TREVI THERAPEUTICS INC COMM 775K 260K Simplify Asset Management Inc.
TSCAN THERAPEUTICS INC COMM 12M 2M Simplify Asset Management Inc.
VERRICA PHARMACEUTICALS I COMM 3M 425K Simplify Asset Management Inc.
MAAT PHARMA SACA COMM 10K 1K Simplify Asset Management Inc.
TELESAT CORP COMM 3M 366K Simplify Asset Management Inc.
KAYNE ANDERSON ENERGY INF COMM 2M 147K Simplify Asset Management Inc.
FIDELITY INV MMTRSY 1 680 COMM 317K 317K Simplify Asset Management Inc.
ABEONA THERAPEUTICS INC COMM 3M 624K Simplify Asset Management Inc.
ATHIRA PHARMA INC COMM 4M 1M Simplify Asset Management Inc.
PLAINS GP HOLDINGS LP-CL COMM 26M 1M Simplify Asset Management Inc.