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Heritage Healthcare Innovation Fund IV, LP

Private Equity FundFund ID 805-4838432534Delaware, United States
Gross assets
$382M
Min. investment
$1M
Beneficial owners
82
Size rank
Top 21%
Audited
Yes
Structure
Standalone

About this fund

Heritage Healthcare Innovation Fund IV, LP is a private equity fund managed by Hg Capital Management, LLC. The fund reports $382 million in gross assets, placing it among the top 21% of private funds by size. The stated minimum investment is $1 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-4838432534
Fund typePrivate Equity Fund
3(c)(1) exclusionYes
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
Sales limited to qualified investorsYes
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Heritage Healthcare Innovation Fund III, LPPrivate Equity$490.2M
Heritage Healthcare Innovation Fund II, LPPrivate Equity$288.5M
Heritage Healthcare Innovation Fund, LPPrivate Equity$19.4M
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Frequently asked questions

How large is Heritage Healthcare Innovation Fund IV, LP?

Heritage Healthcare Innovation Fund IV, LP reports $382 million in gross assets, among the top 21% of private funds by size.

What is the minimum investment for Heritage Healthcare Innovation Fund IV, LP?

The stated minimum investment is $1 million.

Who manages Heritage Healthcare Innovation Fund IV, LP?

Heritage Healthcare Innovation Fund IV, LP is managed by Hg Capital Management, LLC.

Does Heritage Healthcare Innovation Fund IV, LP disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

Service providers

Prime broker
None reported
Administrator

Reported gross assets

$382M▲ 23%
Mar '25 — $310.2MApr '25 — $310.2MMay '25 — $310.2MJun '25 — $310.2MJul '25 — $310.2MAug '25 — $310.2MSep '25 — $310.2MOct '25 — $310.2MNov '25 — $310.2MDec '25 — $310.2MJan '26 — $310.2MFeb '26 — $310.2MMar '26 — $382MApr '26 — $382MMay '26 — $382MJun '26 — $382M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 21%
Larger than 79% of 67,041 private funds
Gross assets vs Private Equity FundsTop 17%
Larger than 83% of 31,066 private equity funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum

Investor base

Adviser & related persons2%
Funds of funds8%
Non-U.S. persons1%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.