Propel Bio Management, Llc
- Regulatory AUM
- $247M
- Discretionary
- $247M
- Clients
- 5
- Avg AUM / client
- $49.5M
- Accounts
- 5
- Employees
- 7
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 23, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 1 | $75.3M | 30.4% |
| Pooled investment vehicles (non-investment companies) | 4 | $172M | 69.6% |
Private funds (3)
Reported in Form ADV Section 7.B.(1), filing of Jul 2024 · $56.9M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Propel Bio Partners, L.P. | Venture Capital Fund | Delaware | $44.4M | 14 |
| Pb Spv 1 Llc | Other Private Fund | Delaware | $12.5M | 5 |
| Propel Bio Spv 2, Llc | Other Private Fund | Delaware | $0 | 5 |
People (2)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Kawas, Leen | Managing General Partner | Jan 2022 (5y) | 75% or more | |
| Hua, Xue | Chief Compliance Officer | Mar 2024 (2y) | Less than 5% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (3, $56.9M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Propel Bio Partners, L.P. | Venture Capital Fund | $44.4M | $1.0M | 14 |
| Pb Spv 1 Llc | Other Private Fund | $12.5M | $0 | 5 |
| Propel Bio Spv 2, Llc | Other Private Fund | $0 | $1.0M | 5 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/23/2026 | 1.66 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 23, 2026.
View current Form ADV (SEC/IAPD) ↗