Venture fund · from SEC filings

Alpha Annex Outcome Health Fund LLC

Alpha Partners · adviser of record: Alpha Partners Management, LLC · 2017 vintage

Alpha Annex Outcome Health Fund LLC is a 2017 venture fund managed by Alpha Partners, with $5.3mm raised (Form D, amount sold). It reported $364k in gross assets at year-end 2025, 0.07x its size, against a peak of $5.3mm in 2017.

Latest value held: $364k year-end 2025
Peak: $5.3mm year-end 2017
Fund size: $5.3mm Form D, amount sold
Held vs. size: 0.07x peak 1.00x

Value held by year-end

Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker

Year-end	Gross assets	÷ size	Change
2025	$364k	0.07x	+20% over 2 yrs
2023	$304k	0.06x	+9%
2022	$279k	0.05x	-1%
2021	$283k	0.05x	-2%
2020	$289k	0.05x	-66%
2019	$840k	0.16x	+0%
2018	$840k	0.16x	-84%
2017	$5.3mm	1.00x	–

Other funds from Alpha Partners

All Alpha Partners funds

About these numbers

Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-8670136138. Data updated October 13, 2026.

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