Updated:
West Park Capital
West Park Capital is a venture capital firm that focuses on Biotechnology investments. It has made one investment, deploying $3 million in total capital.
West Park Capital
West Park Capital is a venture capital firm that focuses on Biotechnology investments. It has made one investment, deploying $3 million in total capital.
General information
Firm type
Asset Manager
Year founded
1998
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
Los Angeles, CA, United States
Additional offices
New York, NY · San Francisco, CA
Principals
Richard Rappaport
Chief Executive Officer
Sector focus
Frequently asked questions
Who runs investment decisions at West Park Capital?
Richard Rappaport, the founder, acts as CEO and runs the firm's risk and syndicate desk directly. He is the ultimate decision-maker on underwriting commitments, risk exposure on firm-commitment deals, and allocation strategy. The firm's structure does not separate the CEO and head of capital markets roles.
Is West Park Capital primarily an investment bank or a wealth manager?
West Park is primarily a full-service broker-dealer and investment bank. It earns revenue from underwriting fees, placement agent fees, and brokerage commissions rather than AUM-based management fees. While it maintains a retail brokerage for accredited individuals, the firm does not market itself as a wealth manager or registered investment advisor.
What investment stages and deal sizes does West Park Capital typically target?
The firm concentrates on public offerings (IPOs and follow-ons), private placements, and convertible note structures for growth-stage and small-cap companies. Deal sizes historically cluster in the sub-$50 million range, with many transactions falling between $5 million and $25 million. This is a bracket that most mid-tier and top-tier banks consider uneconomical for their syndicate desks.
How is the firm regulated?
West Park Capital operates as a FINRA-registered broker-dealer. This subjects the firm to net capital requirements, supervisory obligations, and reporting standards distinct from those of RIA-only firms or unregistered family offices. Public disclosures through BrokerCheck and SEC filings are available for its registered personnel.
Does West Park Capital manage discretionary client portfolios or funds?
The firm does not appear to operate pooled investment vehicles or discretionary portfolio management services for third-party clients. Its core economic model depends on transactional revenue from capital-raising and brokerage, not recurring management or performance fees tied to commingled assets.
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.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: