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Bvf Partners L.P.
Bvf Partners L.P. is an SEC-registered investment adviser in San Francisco, CA, registered since 2012. The firm manages $6.1 billion in regulatory assets.
Bvf Partners L.P.
Bvf Partners L.P. is an SEC-registered investment adviser in San Francisco, CA, registered since 2012. The firm manages $6.1 billion in regulatory assets. It has 13 employees and 10 investment advisers.
General information
Firm type
Single Family Office
Year founded
1993
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
Menlo Park, CA, United States
Additional offices
Shanghai, China · London, United Kingdom · Cambridge, United Kingdom · New York, NY · Beijing, China · Palo Alto, CA · San Francisco, CA · Boston, MA · Geneva, Switzerland · Potomac, MD
Principals
Behzad Aghazadeh
Founder & Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at BVF Partners?
Behzad Aghazadeh, founder and managing partner, oversees all investment strategy. The firm's investment committee, composed of partners with advanced scientific degrees, evaluates decisions collectively (per the firm's official communications).
How does BVF Partners source proprietary deal flow?
BVF leverages its deep network of academic research institutions, biotech executives, and scientific advisors. The firm's PhD and MD analysts attend medical conferences and maintain relationships with key opinion leaders to identify emerging therapies before they reach public markets (per public record).
Is BVF Partners structured as a single family office or a hedge fund?
BVF operates as a single-family office for the Aghazadeh family but also manages outside capital through registered investment vehicles, giving it hybrid characteristics. It is classified as a family-office-structured asset manager (per SEC filings).
Does BVF Partners participate in fund commitments or only direct deals?
The firm primarily invests directly in public equities and private placements, but it also participates in syndicated private rounds alongside other specialist healthcare investors (per SEC 13F filings and press releases).
What investment stages does BVF Partners typically target?
BVF targets companies at all stages of drug development, from clinical-stage biotechs to commercial-stage pharmaceutical firms. It frequently takes large positions ahead of pivotal trial readouts (per public filings).
Which sectors does BVF Partners explicitly avoid?
The firm avoids non-healthcare sectors entirely, including technology, energy, financials, and consumer goods. It is a pure-play healthcare investment firm (per public record).
Where does the underlying wealth come from?
The wealth originates from Behzad Aghazadeh's success in building BVF Partners into a premier healthcare investment firm over three decades. The Aghazadeh family's net worth is derived from management fees, carried interest, and investment gains (per public record).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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