Vivo Capital, LLC

Vivo Capital LLC

Palo Alto, CA Registered investment adviser

Vivo Capital, LLC reports 6 venture funds on Form ADV among 16 private funds, with $6.5B in gross private fund assets.

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Venture funds6of 16 private funds

Private fund assets$6.5BGross, Form ADV, September 2026

Funds on Form D3$756M reported raised

LPs on the record7Foundations and public plans

Reported raised, by the year each fund began raising

The numbers

Began raising	Raised
2011	$6.4M
2014	$750M

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
Vivo Capital Fund VIII, L.P.	2014	$750M	$750M	56	March 18, 2015
Vivo Ventures Fund VII, L.P.	2011	$350M	—	—	September 6, 2011
Vivo Ventures VII Affiliates Fund, L.P.	2011	$6.4M	$6.4M	31	January 3, 2012

Track record

A score of 57 out of 100 from the 3 funds public LPs report, 3 of them in the top half of their vintage. Its ranked funds’ median TVPI is 1.96x and median DPI 1.51x. Pooled where reports give cash flows: 1.80x TVPI, 0.95x DPI. That ranks it 44th of 123 managers with a score.

Each fund once, as the latest of one LP’s 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

4 private foundations list on their latest IRS Form 990-PF, and 3 other LPs report holding Vivo Capital, LLC’s funds.

CalSTRS Public pension plan · 3 funds
Casey Family Programs Private foundation · 3 funds
Waitt Foundation Private foundation · 2 funds

4 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 Vivo Capital, LLC, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.

Manchesterstory Fund Management, LP 2 LPs in common
Channel Equity Partners Management, LP 2 LPs in common
Narya Capital Management, LLC 2 LPs in common
Cross Creek Advisors, LLC 2 LPs in common
Foresite Capital 2 LPs in common
StepStone Group VC 3 LPs in common

Find LPs for Vivo Capital, LLC and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.

Registration

Legal name: Vivo Capital LLC
Status: Registered investment adviser since June 18, 2014
CRD number: 159868

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.