Bvf Partners L.P.
- Regulatory AUM
- $6.1B
- Discretionary
- $6.1B
- Clients
- 5
- Avg AUM / client
- $1.2B
- Accounts
- 7
- Employees
- 13
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 5 | $6.0B | 97.9% |
| Corporations and other businesses | Fewer than 5 clients | $130M | 2.13% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $6.1B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Biotechnology Value Fund, Lp | Hedge Fund | Delaware | $3.2B | 83 |
| Biotechnology Value Fund Ii, L.P. | Hedge Fund | Delaware | $2.5B | 121 |
| Biotechnology Value Trading Fund Os Lp master | Hedge Fund | Cayman Islands | $323M | 4 |
| Bvf Investments, Llc | Hedge Fund | Delaware | $580K | 2 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Lampert, Mark, Nathan | Chief Executive Officer | Aug 1993 (33y) | ≈ 56.25% – 100% via Bvf Inc. | |
| Kratky, James, Geoffrey | Chief Financial Officer, Chief Compliance Officer | May 2017 (9y) | Less than 5% | |
| Mccune, Jason, Robert | Chief Operating Officer | Jul 2019 (7y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Bvf Inc. | General Partner | Nov 1993 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Lampert, Mark, Nathan: 75% – 100% of Bvf Inc. × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (4, $6.1B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Biotechnology Value Fund, Lp | Hedge Fund | $3.2B | $25.0M | 83 |
| Biotechnology Value Fund Ii, L.P. | Hedge Fund | $2.5B | $25.0M | 121 |
| Biotechnology Value Trading Fund Os Lp | Hedge Fund | $323M | $2.5M | 4 |
| Bvf Investments, Llc | Hedge Fund | $580K | $25.0M | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 2.23 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE ADVISORY FIRM HAS, FROM TIME TO TIME, MADE INVESTMENTS ON BEHALF OF ITS CLIENTS IN SECURITIES TRADED ON THE SIX SWISS EXCHANGE ("SIX") AND IS SUBJECT TO CERTAIN REPORTING OBLIGATIONS WITH RESPECT TO ITS HOLDINGS OF SUCH SECURITIES THAT REQUIRE REPORTING TO EITHER SIX AND/OR TO ISSUERS OF SECURITIES SO HELD. ON ONE OCCASION, THE ADVISORY FIRM MADE A TIMELY FILING WITH SIX BUT MADE ITS FILING WITH THE ISSUER OF THE SECURITIES ONE DAY AFTER THE FILING DEADLINE AND WAS FOUND TO BE IN VIOLATION OF THE REPORTING DUTY PURSUANT TO ART. 151 AND WAS ASSESSED AN ADMINISTRATIVE PENALTY OF CHF 500 BY SIX IN MARCH 2019. THE ADVISORY FIRM PAID THE ADMINISTRATIVE PENALTY IN A TIMELY FASHION. Status: Final Sanction Detail: ADMINISTRATIVE PENALTY WAS CHF 500. THE PAYMENT WAS DUE NO LATER THAN 8/1/2019 AND THE ADVISORY FIRM PAID THE ADMINISTRATIVE PENALTY ON 7/16/19. Summary: THE ADVISORY FIRM HAS, FROM TIME TO TIME, MADE INVESTMENTS ON BEHALF OF ITS CLIENTS IN SECURITIES TRADED ON THE SIX SWISS EXCHANGE ("SIX") AND IS SUBJECT TO CERTAIN REPORTING OBLIGATIONS WITH RESPECT TO ITS HOLDINGS OF SUCH SECURITIES THAT REQUIRE REPORTING TO EITHER SIX AND/OR TO ISSUERS OF SECURITIES SO HELD. ON ONE OCCASION, THE ADVISORY FIRM MADE A TIMELY FILING WITH SIX BUT MADE ITS FILING WITH THE ISSUER OF THE SECURITIES ONE DAY AFTER THE FILING DEADLINE AND WAS FOUND TO BE IN VIOLATION OF THE REPORTING DUTY PURSUANT TO ART. 151 AND WAS ASSESSED AN ADMINISTRATIVE PENALTY OF CHF 500 BY SIX IN MARCH 2019. THE ADVISORY FIRM PAID THE ADMINISTRATIVE PENALTY IN A TIMELY FASHION.
Allegations: THE ADVISORY FIRM HAS, FROM TIME TO TIME, MADE INVESTMENTS ON BEHALF OF ITS CLIENTS IN SECURITIES TRADED ON THE SIX SWISS EXCHANGE ("SIX") AND IS SUBJECT TO CERTAIN REPORTING OBLIGATIONS WITH RESPECT TO ITS HOLDINGS OF SUCH SECURITIES THAT REQUIRE REPORTING TO EITHER SIX AND/OR TO ISSUERS OF SECURITIES SO HELD. ON ONE OCCASION, THE ADVISORY FIRM MADE A TIMELY FILING WITH SIX BUT INADVERTENTLY OMITTED IN SAID FILING TO INCLUDE THE NAME OF ONE OF ENTITIES THAT WAS AN OWNER OF RECORD AND WAS FOUND TO HAVE VIOLATED THE NOTIFICATION DUTY UNDER ART.151 AND WAS SUBSEQUENTLY ASSESSED AN ADMINISTRATIVE PENALTY OF CHF 2000 BY SIX IN MAY 2019. THE ADVISORY FIRM PAID THE ADMINISTRATIVE PENALTY IN A TIMELY FASHION. Status: Final Sanction Detail: ADMINISTRATIVE PENALTY WAS CHF 2000. THE PAYMENT WAS DUE NO LATER THAN 8/1/2019 AND THE ADVISORY FIRM PAID THE ADMINISTRATIVE PENALTY ON 7/16/19. Summary: THE ADVISORY FIRM HAS, FROM TIME TO TIME, MADE INVESTMENTS ON BEHALF OF ITS CLIENTS IN SECURITIES TRADED ON THE SIX SWISS EXCHANGE ("SIX") AND IS SUBJECT TO CERTAIN REPORTING OBLIGATIONS WITH RESPECT TO ITS HOLDINGS OF SUCH SECURITIES THAT REQUIRE REPORTING TO EITHER SIX AND/OR TO ISSUERS OF SECURITIES SO HELD. ON ONE OCCASION, THE ADVISORY FIRM MADE A TIMELY FILING WITH SIX BUT INADVERTENTLY OMITTED IN SAID FILING TO INCLUDE THE NAME OF ONE OF ENTITIES THAT WAS AN OWNER OF RECORD AND WAS FOUND TO HAVE VIOLATED THE NOTIFICATION DUTY UNDER ART.151 AND WAS SUBSEQUENTLY ASSESSED AN ADMINISTRATIVE PENALTY OF CHF 2000 BY SIX IN MAY 2019. THE ADVISORY FIRM PAID THE ADMINISTRATIVE PENALTY IN A TIMELY FASHION.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Bnp Paribas Securities Corp. $108M (2% of AUM) Mar 2026
- BNY Mellon $10.6M (0% of AUM) Mar 2026
- State Street $2.2M (0% of AUM) Jan 2024
- Jefferies Llc $2.0M (0% of AUM) Mar 2021
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗