Galen Evolve SPV LLC
Galen Healthcare · adviser of record: Galen Healthcare Management, LLC · 2019 vintage
Galen Evolve SPV LLC is a 2019 venture fund managed by Galen Healthcare, with $20mm raised (Form D, amount sold). It reported $7.2mm in gross assets at year-end 2025, 0.36x its size, against a peak of $20mm in 2019.
- Latest value held
- $7.2mm year-end 2025
- Peak
- $20mm year-end 2019
- Fund size
- $20mm Form D, amount sold
- Held vs. size
- 0.36x 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 | $7.2mm | 0.36x | -19% over 2 yrs |
| 2023 | $8.8mm | 0.44x | +0% |
| 2022 | $8.8mm | 0.44x | +2% |
| 2021 | $8.7mm | 0.43x | -20% |
| 2020 | $10.8mm | 0.54x | -46% |
| 2019 | $20mm | 1.00x | – |
Other funds from Galen Healthcare
- Galen Partners VI Annex Fund, L.P. 2019
- Galen Partners VI, L.P. 2017
- Galen CDX SPV LLC 2017
- Galen CDX SPV II LLC 2017
- Galen CDX SPV III LLC 2017
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 805-9754929650. Data updated October 13, 2026.
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