EDGAR Verified
Primary Source · SEC.gov

Decheng Capital Global Life Sciences Fund IV, L.P.

Fund Vehicle2020 vintageRule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7)Filing record

Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.

Raised

Pre-open

Investors

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Min Invest

None stated

What this filing shows

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Every sentence is a value as filed on SEC Form D

Decheng Capital Global Life Sciences Fund IV, L.P. is a Cayman Islands entity that filed a Form D with the SEC on December 15, 2020, describing itself as a venture capital fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) and covers pooled investment fund interests. Decheng Capital Global Life Sciences Fund IV, L.P. reported that the first sale had not yet occurred as of the Form D filed December 15, 2020, so no amount sold or investor count is on file. The total offering amount is $650,000,000. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing checks both Section 3(c)(1), which caps the fund at 100 beneficial owners, and Section 3(c)(7), which requires every investor to be a qualified purchaser, generally an individual with at least $5 million in investments. A fund normally relies on one or the other. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated. The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. The issuer's address of record is C/O Maples Corporate Services Limited, Ugland House, P.O. Box 309, Grand Cayman, Cayman Islands KY1-1104.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001834150
Entity NameDecheng Capital Global Life Sciences Fund IV, L.P.
ExemptionRule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company. Section 3(c)(1) of the Investment Company Act: the fund is excluded from investment-company registration because it has no more than 100 beneficial owners. Section 3(c)(7) of the Investment Company Act: the fund is excluded from investment-company registration because every investor is a qualified purchaser, generally an individual with at least $5 million in investments or an institution with at least $25 million.
Entity TypeOther
Jurisdiction of OrganizationCayman Islands
Issuer AddressC/O Maples Corporate Services Limited, Ugland House, P.O. Box 309, Grand Cayman, Cayman Islands KY1-1104
Phone(345) 949-8066
Industry / Fund TypePooled Investment Fund · Venture Capital Fund
Investment Company ActExcluded under Section 3(c)(1) (100 beneficial owners or fewer) and Section 3(c)(7) (qualified purchasers only) (both boxes checked on the filing)
Securities TypePooled investment fund interests
First Sale DateNot yet occurred (as filed)
Filing DateDecember 15, 2020
Accession Number0001834150-20-000002
Total Offering Amount$650,000,000
Total Amount Sold$0 (no sales yet)
Amount Remaining$650,000,000
Total Investors0 (no sales yet)
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationOne year or less
Revenue RangeDecline to Disclose
State (Issuer Address)E9
Amendment CountOriginal filing only

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

Fund Family

Every vehicle in this manager's series as it appears on EDGAR, newest generation first. Sold-to-date and investor counts are each vehicle's latest Form D.

Fund family

Decheng Capital Global Life Sciences Fund2 vehicles · 2 generations · since 2020 · $452.0M sold across the family

This issuer is in Fund IV

VehicleRoleFirst filedStatusSoldInvestors
Fund V · first filed 2024-06-17 · 1 vehicle · $452.0M sold · 42 investors
Decheng Capital Global Life Sciences Fund V, L.P.2024-06-17raising$452.0M42
Fund IV · first filed 2020-12-15 · 1 vehicle
Decheng Capital Global Life Sciences Fund IV, L.P.this issuer2020-12-15pre sale$00

Grouped from Form D issuer names (generation, sleeve, jurisdiction and legal-form tokens removed); a name-only match, so abbreviated or renamed vehicles can be missed. Sold and investor figures are each vehicle's latest Form D; sleeves that report the same figure share one family-wide total and are counted once. Performance lines are what a public pension plan reports for its own interest in that fund, net, on the plan's cash flows and valuation date; they are not the general partner's figures.

In the Terminal

Filing events

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none on file

Critical / warning

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0 watch · 0 info

Statements extracted

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none on file

NAV prints

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none on file

Offering chains

1

pre_sale

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Investor

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Adviser of Record (Form ADV)

Dc Global Ventures

CRD 293073 · SEC-registered adviser · lists this fund on Schedule D 7.B.(1) as a venture capital fund

Auditor named on Form ADV: PricewaterhouseCoopers LLP · PCAOB-registered per the adviser

From the adviser's Form ADV as loaded from the SEC bulk data through December 31, 2024, joined on this issuer's Form D file number. Fund-level figures and the adviser's full fund roster are in the terminal.

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

Decheng Capital Management IV (Cayman), LLC

Promoter · Grand Cayman, E9

General Partner of the Issuer

Xiangmin Cui

Promoter · Grand Cayman, E9

Manager of the General Partner of the Issuer

Fengying Yu

Promoter · Grand Cayman, E9

Manager of the General Partner of the Issuer

Questions About Decheng Capital Global Life Sciences Fund IV, L.P.

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is Decheng Capital Global Life Sciences Fund IV, L.P.?

Decheng Capital Global Life Sciences Fund IV, L.P. is a Cayman Islands entity that filed a Form D with the SEC on December 15, 2020 as a venture capital fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) for an offering of pooled investment fund interests.

Is Decheng Capital Global Life Sciences Fund IV, L.P. legit?

AltStreet does not rate legitimacy; it reports the public record. Decheng Capital Global Life Sciences Fund IV, L.P. filed a Form D with the SEC on December 15, 2020 claiming Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. No sales had been reported as of that notice. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is Decheng Capital Global Life Sciences Fund IV, L.P. registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Decheng Capital Global Life Sciences Fund IV, L.P. claimed Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has Decheng Capital Global Life Sciences Fund IV, L.P. raised?

Decheng Capital Global Life Sciences Fund IV, L.P. reported that the first sale had not yet occurred as of the Form D filed December 15, 2020, so no amount sold or investor count is on file. The total offering amount is $650,000,000.

Who can invest in Decheng Capital Global Life Sciences Fund IV, L.P.?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing checks both Section 3(c)(1), which caps the fund at 100 beneficial owners, and Section 3(c)(7), which requires every investor to be a qualified purchaser, generally an individual with at least $5 million in investments. A fund normally relies on one or the other. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.

What is the minimum investment in Decheng Capital Global Life Sciences Fund IV, L.P.?

The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.

Who is selling Decheng Capital Global Life Sciences Fund IV, L.P. and how are they paid?

The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly.

Who is behind Decheng Capital Global Life Sciences Fund IV, L.P.?

The Form D lists 3 related persons: Decheng Capital Management IV (Cayman), LLC, promoter (General Partner of the Issuer); Xiangmin Cui, promoter (Manager of the General Partner of the Issuer); Fengying Yu, promoter (Manager of the General Partner of the Issuer). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Decheng Capital Global Life Sciences Fund IV, L.P. located?

The issuer's address on its SEC filings is C/O Maples Corporate Services Limited, Ugland House, P.O. Box 309, Grand Cayman, Cayman Islands KY1-1104. Its phone number of record is 345-949-8066. It is organized under the laws of Cayman Islands.

How long is the Decheng Capital Global Life Sciences Fund IV, L.P. offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.

How large is Decheng Capital Global Life Sciences Fund IV, L.P.?

The issuer declined to disclose its revenue range on the Form D, which the form permits.

Is this your offering?

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.