Healthquest Partners IV, L.P.
HealthQuest Capital · adviser of record: Healthquest Capital Management, L.P. · 2022 vintage
Healthquest Partners IV, L.P. is a 2022 venture fund managed by HealthQuest Capital, with $675mm raised (Form D, amount sold). It reported $682mm in gross assets at year-end 2025, 1.01x its size, against a peak of $715mm in 2023.
- Latest value held
- $682mm year-end 2025
- Peak
- $715mm year-end 2023
- Fund size
- $675mm Form D, amount sold
- Held vs. size
- 1.01x peak 1.06x
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 | $682mm | 1.01x | -5% over 2 yrs |
| 2023 | $715mm | 1.06x | +5% |
| 2022 | $682mm | 1.01x | – |
Other funds from HealthQuest Capital
- Healthquest Tactical Opportunities Fund, L.P. 2022
- Healthquest Madison SPV, L.P. 2021
- Healthquest Partners III, L.P. 2019
- Healthquest Ajax II SPV, L.P. 2019
- Healthquest Ajax III SPV, L.P. 2019
- Healthquest Partners II, L.P. 2015
- Sofinnova Healthquest Partners, L.P. 2013
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 805-6668493070. Data updated October 13, 2026.
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