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Decheng Capital LLC

● SEC registered since 2020CRD 293073SEC# 801-118587Menlo Park, CA
Export (members)
Ranks #1,848 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$2.73B
Fund GAV
$2.74B
Private funds
8
Employees
23
Accounts
10
Location
Menlo Park, CA

Decheng Capital LLC assets under management

Decheng Capital LLC is an investment advisory firm registered with the SEC based in Menlo Park, CA. The firm has been registered since 2020. It reports $2.7 billion in regulatory assets under management and employs 23 people. Decheng Capital LLC manages 8 private funds with combined gross assets of $2.7 billion, including Decheng Capital Global Life Sciences Fund IV, L.P. By regulatory assets, it ranks 1,848 of 6,004 private fund managers.

Decheng Capital LLC private funds

8 funds · $2.74B GAV
FundTypeGross assetsMin.
Decheng Capital Global Life Sciences Fund IV, L.P.Venture Capital$825.3M$5M
Decheng Capital China Life Sciences Usd Fund III, L.P.Venture Capital$625.9M$5M
Decheng Capital China Life Sciences Usd Fund II, L.P.Venture Capital$480.6M$5M
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Decheng Capital LLC owners & executives

3 reported
NameTitleOwnershipSince
Hongbo Nmn BaoChief Compliance OfficerUnder 5%2024
Xiangmin Nmn Cui ControlManaging DirectorOver 75%2011
Yuheng Nmn QiuChief Financial OfficerUnder 5%2024

Frequently asked questions

How much does Decheng Capital LLC manage?

Decheng Capital LLC reports $2.7 billion in regulatory assets under management on its Form ADV.

How many private funds does Decheng Capital LLC manage?

Decheng Capital LLC manages 8 private funds with combined gross assets of $2.7 billion.

How many employees does Decheng Capital LLC have?

Decheng Capital LLC reports 23 employees.

Where is Decheng Capital LLC located?

Decheng Capital LLC is based in Menlo Park, CA and has been SEC-registered since 2020.

Does Decheng Capital LLC disclose fund performance?

Decheng Capital LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address3000 Sand Hill Road, Building 2, Suite 110, Menlo Park, CA 94025
Phone650-382-5514
Office hours9a.m. - 5p.m.
SEC regionSan Francisco Regional Office (SFRO)
Umbrella registrationYes
Discloses disciplinary historyNo

Regulatory AUM

$2.73B▲ 27%
Mar '25 — $2.15BApr '25 — $2.15BMay '25 — $2.15BJun '25 — $2.15BJul '25 — $2.15BAug '25 — $2.15BSep '25 — $2.15BOct '25 — $2.15BNov '25 — $2.15BDec '25 — $2.15BJan '26 — $2.15BFeb '26 — $2.15BMar '26 — $2.73BApr '26 — $2.73BMay '26 — $2.73BJun '26 — $2.73B
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 18%
Larger than 82% of 16,271 advisers
AUM vs fund managersTop 31%
Larger than 69% of 6,004 private-fund managers
Number of fundsTop 30%
More funds than 70% of fund managers
EmployeesTop 22%
More than 78% of 16,825 advisers

Assets under management

$2.73Bregulatory AUM
Discretionary $2.73B

Fund type mix

Venture Capital7
Hedge1

Service providers