Frazier Group Management, LLC
Lehi, UT Exempt reporting adviser
Frazier Group Management, LLC reports 3 venture funds on Form ADV among 3 private funds, with $110M in gross private fund assets.
The numbers
| Began raising | Raised |
|---|---|
| 2012 | $294M |
| 2013 | $82M |
| 2020 | $31M |
Updates from Frazier Group Management, LLC
Funds on Form D
Venture funds whose Form D filings carry this adviser’s name, matched by name. Amounts are what each fund last reported to the SEC.
| Fund | Began raising | Target | Raised | Investors | Latest filing |
|---|---|---|---|---|---|
| Frazier Fund '25, LP | 2025 | Not stated | — | — | September 30, 2025 |
| Frazier Fund '24, LP | 2024 | Not stated | — | — | August 28, 2024 |
| Frazier Fund '23, LP | 2023 | Not stated | — | — | March 8, 2023 |
| Frazier Fund III, LP | 2020 | Not stated | $31M | 52 | June 4, 2020 |
| Frazier Healthcare VII-A, L.P. | 2013 | $82M | $82M | 3 | May 8, 2013 |
| Frazier Healthcare VII, L.P. | 2012 | $400M | $294M | 37 | September 30, 2013 |
Track record
A score of 44 out of 100 from 4 of the 6 funds public LPs report, 2 of them in the top half of their vintage. Its ranked funds’ median TVPI is 1.25x and median DPI 1.25x. Pooled where reports give cash flows: 1.32x TVPI, 1.32x DPI. That ranks it 83rd of 123 managers with a score.
Each fund once, as the latest of 3 LPs’ reports ranks it by TVPI against funds of the same vintage in those reports; 50 is the median fund, and a short record is pulled toward 50. The full record in LP Intelligence, with each fund’s rank and what usually follows a fund like its latest, or every manager’s.
LPs on the record
8 private foundations list on their latest IRS Form 990-PF, and 7 other LPs report holding Frazier Group Management, LLC’s funds.
- Surdna Foundation Inc
- The Leona M and Harry B Helmsley Charitable Trust
- Washington State Investment Board
12 more LPs are in the app. Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.
Firms whose LPs overlap
The firms sharing the most LPs on record with Frazier Group Management, LLC, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.
- Equal Ventures
- Frazier Life Sciences Management, LP
- Interwest Partners
- Pitango
- Bessemer Venture Partners
- 776 Management, LLC
Find LPs for Frazier Group Management, LLC and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.
Registration
- Legal name
- Frazier Group Management, LLC
- Status
- Exempt reporting adviser since November 21, 2024
- CRD number
- 327081
Full Form ADV on the SEC’s Investment Adviser Public Disclosure site
About this data
Registered and exempt reporting advisers that report managing at least one venture capital fund on Form ADV, with the number of private funds and their gross assets as each adviser reports them. Advisers whose business name reads as an individual's are left out. From the roster published for September 2026. Source. Benchmarks for funds like these are in Raise benchmarks.