{"url":"https://nivawealth.com/firms/bvf-partners-156149","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/156149","regulatoryAum":6107900310,"crd":"156149","history":[{"filedOn":"2021-03-30","regulatoryAum":4734418837,"clients":5,"employees":13,"offices":2},{"filedOn":"2022-03-31","regulatoryAum":4920045461,"clients":5,"employees":14,"offices":2},{"filedOn":"2023-03-29","regulatoryAum":4498633095,"clients":5,"employees":12,"offices":2},{"filedOn":"2024-03-29","regulatoryAum":6146999398,"clients":5,"employees":15,"offices":2},{"filedOn":"2025-03-31","regulatoryAum":5645433932,"clients":5,"employees":15,"offices":2},{"filedOn":"2026-03-31","regulatoryAum":6107900310,"clients":5,"employees":13,"offices":2}],"secFileNumber":"801-73836","legalName":"BVF Partners L.P.","displayName":"BVF Partners","slug":"bvf-partners-156149","website":"https://bvflp.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"44 Montgomery Street, Suite 4000","city":"San Francisco","state":"CA","stateName":"California","country":"United States","postalCode":"94104"},"tradeNames":[],"registration":{"secApproved":"30 March 2012","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":13,"advisory":10,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":6107900310,"discretionary":6107900310,"discretionaryAccounts":7,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":29,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":5,"regulatoryAum":5977835214},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":130065096}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"BNP Paribas Securities Corp.","shortName":"BNP Paribas Securities","location":"New York, NY","smaAssets":108023597},{"name":"The Bank of New York Mellon","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":10562745}],"custodyNote":"BVF Partners has custody of $12.2M in client assets for 2 clients.","otherCustodians":[],"leadership":[{"name":"Mark Lampert","title":"Chief Executive Officer","crd":"2142459"},{"name":"James Kratky","title":"Chief Financial Officer, Chief Compliance Officer","crd":"4752687"}],"ownership":[{"label":"BVF Inc.","detail":"General partner in the 75% or more ownership band and a control person, since November 1993."},{"label":"Mark Lampert","detail":"Indirect owner: a shareholder of BVF Inc. in the 75% or more band and a control person, since August 1993.","parent":"BVF Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"44 Montgomery Street, Suite 4000","city":"San Francisco","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"415-525-8800","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":38},{"label":"Non-exchange-traded equity securities","percent":20},{"label":"Derivatives","percent":10},{"label":"Cash and cash equivalents","percent":32}],"privateFunds":4},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/156149/PDF/156149.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does BVF Partners have?","answer":"BVF Partners has 5 clients and manages $6.11 billion for them, as of March 2026. They include 5 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does BVF Partners offer?","answer":"BVF Partners provides portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does BVF Partners use?","answer":"BVF Partners’ separately managed account assets are held at BNP Paribas Securities Corp. (New York, NY), with $108M and The Bank of New York Mellon (New York, NY), with $10.6M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does BVF Partners have?","answer":"BVF Partners has 0 investment adviser representatives registered with state securities authorities, out of 13 employees, and 10 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does BVF Partners invest in?","answer":"At the end of its last fiscal year, BVF Partners’ separately managed accounts held 38% exchange-traded equities, 32% cash and equivalents, 20% non-exchange-traded equities and 10% derivatives. It advises 4 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns BVF Partners?","answer":"BVF Partners is owned through a holding company by Mark Lampert. Its direct owner is BVF Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does BVF Partners get paid?","answer":"BVF Partners is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact BVF Partners?","answer":"BVF Partners’ main office is at 44 Montgomery Street, Suite 4000, San Francisco, CA 94104. Its phone number is 415-525-8800. Its website is bvflp.com.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}