Propel Bio Management LLC

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Propel Bio Management LLC
CRD #322858
SEC #801-126889
CIK #0001969764
AUM 247.5 M (2026-03-23)
Employees 7 (86% Investors, 0% Brokers)
Phone206-602-9246
Address11620 Wilshire Blvd
Los Angeles, CA 90025
Source [IAPD] [EDGAR] [Website] [LinkedIn]
Total AUM ($M)
2502001501005002010201520212027
CIK Period
0001969764
Sector Form 13F Holdings Value ($M)
Plains GP Holdings LP 30.2
Oncogenex Pharmaceuticals Inc 11.4
Phathom Pharmaceuticals Inc 9.4
Delcath Systems Inc 9.2
Corcept Therapeutics Inc 6.0
Access Pharmaceuticals Inc 6.0
Vor Biopharma Inc 5.6
Kyverna Therapeutics Inc 5.6
Milestone Pharmaceuticals Inc 5.1
Celldex Therapeutics Inc 4.1
Compass Pathways PLC 4.1
Signal Genetics Inc 4.1
Inventiva Sa 4.0
Big Cypress Acquisition Corp 3.9
Health Sciences Acquisitions Corp 2 3.8
4D Molecular Therapeutics Inc 3.6
Oculis Holding AG 3.3
Ocular Therapeutix Inc 3.2
Upstream Bio Inc 3.1
Aquestive Therapeutics Inc 3.0
Psivida Corp 2.8
Trevi Therapeutics Inc 2.6
Kempharm Inc 2.6
Vital Therapies Inc 2.6
Coherus Biosciences Inc 2.4
OVID Therapeutics Inc 2.0
Neuralstem Inc 2.0
Allovir Inc 1.7
Uniqure NV 1.7
Athira Pharma Inc 1.5
Prev | Page 1 | Next
Type Form D Funds Date Sold AUM
HF Propel Bio-Host Partners LP 2025-12-02 99.3 M
Other Propel Bio SPV 3 LLC 2025-03-25 19.3 M
Other PB SPV-1 LLC 2024-07-09 2.5 M
Other Propel Bio SPV 2 LLC [2024-03-25] 8.8 M 9.2 M
Offered $8,800,000 · Filed 2024-03-12 (D) · Exemption 506(b), 3(c), 3(c)(1) · Duration One year or less · Net Assets Decline to Disclose
VC Propel Bio Partners LP [2022-10-17] 39.0 M 44.5 M
Offered $150,000,000 · Filed 2023-03-15 (D/A) · Exemption 506(b), 3(c), 3(c)(1) · Remaining $111,050,000 · Duration More than one year · Revenue Decline to Disclose
AUM Breakdown Accounts AUM ($M)
By Client Type
(a) Individuals (other than high net worth individuals) 0 0.0
(b) Individuals (high net worth individuals) 0 0.0
(c) Banking or thrift institutions 0 0.0
(d) Investment companies 1 75.3
(e) Business development companies 0 0.0
(f) Pooled investment vehicles 4 172.2
(g) Pension and profit sharing plans 0 0.0
(h) Charitable organizations 0 0.0
(i) State or municipal government entities 0 0.0
(j) Other investment advisers 0 0.0
(k) Insurance companies 0 0.0
(l) Sovereign wealth funds and foreign official institutions 0 0.0
(m) Corporations or other businesses not listed above 0 0.0
(n) Other 0 0.0
Total 5 247.5
By Discretionary
Discretionary 5 247.5
Non-Discretionary 0 0.0
Total 5 247.5
By Non-United States Persons
Non-United States Persons 0.0
United States Persons 247.5
Total 5 247.5
Form D Directors Role # Filings # Firms 2011 - 2026
Leen Kawas Director 5 2
Propel Bio Management Director 2 2
A Delaware Limited Liability Company Pbp Partners LLC Director 1 1
EDGAR Form CIK 2011 - 2026
13F-HR [0001969764]
SC 13D [0001969764]
SC 13G [0001969764]
Form 13D/13G Filer Form 13D/13G Subject Filed
Propel Bio Management LLC Milestone Pharmaceuticals Inc [2025-12-23]
Propel Bio Management LLC Achieve Life Sciences Inc [2024-05-17]
Propel Bio Management LLC Eiger Biopharmaceuticals Inc [2023-10-20]
Propel Bio Management LLC Eiger Biopharmaceuticals Inc [2023-08-15]
Propel Bio Management LLC Applied Therapeutics Inc [2023-05-02]
Firm Profile (Form ADV)
Discretionary AUM$0.0B
ServesInstitutional
Fund TypesHedge Fund
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