Orbimed Private Investments VIII, LP
OrbiMed · adviser of record: Orbimed Advisors LLC · 2019 vintage
Orbimed Private Investments VIII, LP is a 2019 venture fund managed by OrbiMed, with $1.4bn raised (Form D target). It reported $1.68bn in gross assets at year-end 2025, 1.20x its size, against a peak of $1.71bn in 2023.
- Latest value held
- $1.68bn year-end 2025
- Peak
- $1.71bn year-end 2023
- Fund size
- $1.4bn Form D target
- Held vs. size
- 1.20x peak 1.22x
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 | $1.68bn | 1.20x | -1% over 2 yrs |
| 2023 | $1.71bn | 1.22x | +8% |
| 2022 | $1.58bn | 1.13x | +2% |
| 2021 | $1.54bn | 1.10x | +6% |
| 2020 | $1.46bn | 1.04x | +5% |
| 2019 | $1.38bn | 0.99x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| SCERS | 2026-03-31 | $15mm | 0.22x | 1.25x | 1.03x |
| CalSTRS | 2025-06-30 | $50mm | 0.30x | 1.19x | 0.89x |
| NM ERB | 2025-06-30 | $10mm | 0.08x | 1.26x | 1.18x |
| SFERS | 2024-12-31 | $50mm | 0.30x | 1.23x | 0.93x |
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.
What registered funds report
| Holder | As of | Value of stake | Value ÷ cost |
|---|---|---|---|
| FS MVP Private Markets Fund | 2026-06-30 | $736k | 1.41x |
From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.
Other funds from OrbiMed
- Orbimed Private Investments IX, LP 2021
- Orbimed Asia Partners V, LP 2021
- 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 IV, LP 2011
- 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 805-2462443195. Data updated October 13, 2026.
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