Solas BioVentures Management provides portfolio management for pooled vehicles. The firm advises 12 private funds.
Solas BioVentures Management reports 12 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($165M across 12 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 12 | $165M | 100.0% | $13.7M |
| Total | 12 | $165M | 100% | $13.7M |
- Clients
- 12
- Regulatory AUM
- $165M
- AUM share
- 100.0%
- Avg. per client
- $13.7M
Total
- Clients
- 12
- Regulatory AUM
- $165M
- AUM share
- 100%
- Avg. per client
- $13.7M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 12
Solas BioVentures Management is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Charles Adair owns 50% to 75% of Solas BioVentures Management. The leadership team of Solas BioVentures Management includes Chief Compliance Officer Karey Williams. It has 6 employees, 5 of them in advisory roles.
Leadership
- Karey WilliamsChief Compliance Officer
- David BelitzManager
- Michael HoeyMember
- Charles AdairManager
- Mark HackettManager
Staff
- 6 employees
- 5 in advisory functions
- Owns 50% to 75% of Solas Bioventures Management, LLC
Charles Adair
Control person · since March 2020
- Owns 10% to 25% of Solas Bioventures Management, LLC
Mark Hackett
Control person · since March 2020
- Owns 10% to 25% of Solas Bioventures Management, LLC
Michael Hoey
Control person · since March 2020
Besides its headquarters, Solas BioVentures Management has 1 office, with 2 listed addresses across 2 states.
North Carolina · 1 listed address
- 8 Davis Drive, RTP
Tennessee · 1 listed address
- 412 Georgia Avenue, Suite 201, ChattanoogaHQ
Contact and registration details
- Legal name
- Solas Bioventures Management, LLC
- Headquarters
- 412 Georgia Avenue, Suite 201, Chattanooga, TN 37403
- Website
- solasbio.com
- Phone
- 423-243-3460
- SEC file
- 801-134738
- Structure
- Delaware LLC
- Fiscal year end
- December
Solas BioVentures Management has custody of client assets.
How many clients does Solas BioVentures Management have?
Solas BioVentures Management has 12 clients and manages $165 million for them, as of October 2026. They include 12 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 October 2026
What services does Solas BioVentures Management offer?
Solas BioVentures Management provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Solas BioVentures Management have?
Solas BioVentures Management has 0 investment adviser representatives registered with state securities authorities, out of 6 employees, and 5 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
Who owns Solas BioVentures Management?
Solas BioVentures Management’s direct owners are Charles Adair (50% to 75%), Mark Hackett (10% to 25%) and Michael Hoey (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 1 October 2026
How does Solas BioVentures Management get paid?
Solas BioVentures Management 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
How do I contact Solas BioVentures Management?
Solas BioVentures Management’s main office is at 412 Georgia Avenue, Suite 201, Chattanooga, TN 37403. Its phone number is 423-243-3460. Its website is solasbio.com.