Orbimed Private Investments IV, LP
OrbiMed · adviser of record: Orbimed Advisors LLC · 2011 vintage
Orbimed Private Investments IV, LP is a 2011 venture fund managed by OrbiMed, with $550mm raised (Form D target). It reported $101mm in gross assets at year-end 2023, 0.18x its size, against a peak of $1.28bn in 2015.
- Latest value held
- $101mm year-end 2023
- Peak
- $1.28bn year-end 2015
- Fund size
- $550mm Form D target
- Held vs. size
- 0.18x peak 2.32x
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 |
|---|---|---|---|
| 2023 | $101mm | 0.18x | -22% |
| 2022 | $129mm | 0.23x | -18% |
| 2021 | $158mm | 0.29x | -54% |
| 2020 | $342mm | 0.62x | -42% |
| 2019 | $594mm | 1.08x | -35% |
| 2018 | $913mm | 1.66x | -0% |
| 2017 | $915mm | 1.66x | -3% |
| 2016 | $948mm | 1.72x | -26% |
| 2015 | $1.28bn | 2.32x | +10% |
| 2014 | $1.16bn | 2.11x | +23% |
| 2013 | $946mm | 1.72x | +51% |
| 2012 | $625mm | 1.14x | +8% |
| 2011 | $580mm | 1.05x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| Oregon PERS | 2025-12-31 | $40mm | 2.73x | 2.73x | 0.00x |
| CalSTRS | 2025-06-30 | $40mm | 3.05x | 3.12x | 0.07x |
| University of California | 2016-12-31 | $25mm | 1.22x | 2.81x | 1.59x |
Latest report from each pension, as multiples of paid-in capital. Where a pension reports only the value it holds, that value is shown in dollars under Still held. Linked dates go to the pension’s report.
Other funds from OrbiMed
- Orbimed Private Investments IX, LP 2021
- Orbimed Asia Partners V, LP 2021
- Orbimed Private Investments VIII, LP 2019
- Orbimed Private Investments VII, LP 2017
- Orbimed Asia Partners III, L.P. 2016
- Orbimed Asia Partners IV, L.P. 2015
- Orbimed Israel Partners II, L.P. 2015
- Orbimed Private Investments VI, LP 2014
- Orbimed Private Investments V, LP 2013
- Orbimed Asia Partners II, L.P. 2012
- Orbimed Private Investments III, LP 2011
- Orbimed Asia Partners, L.P. 2011
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 805-2516138908. Data updated October 13, 2026.
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