PROPEL BIO MANAGEMENT, LLC

other names
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Adviser Profile
As of Date 07/09/2024
Adviser Type - Large advisory firm
- An investment adviser (or subadviser) to an investment company
Number of Employees 6 20.00%
of those in investment advisory functions 5 25.00%
Registration SEC, 120-Day Approval, 12/08/2022
Other registrations (1)
AUM* 149,477,006 36.58%
of that, discretionary 149,477,006 36.58%
Private Fund GAV* 56,896,791 42.41%
Avg Account Size 37,369,252 -31.71%
SMA’s No
Private Funds 3 2
Contact Info 206 xxxxxxx
Websites

Client Types

- Investment companies
- Pooled investment vehicles

Advisory Activities

- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
109M 94M 78M 63M 47M 31M 16M
2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeVenture Capital Fund Count1 GAV$44,440,994
Fund TypeOther Private Fund Count2 GAV$12,455,797

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Brochure Summary

Overview

Propel Bio Management LLC ("Propel"), is a Delaware limited liability company with its principal place of business in Los Angeles, California. Propel was formed in 2022 and is owned by Leen Kawas. As of December 31, 2023, Propel had $137 Million of assets under management. As of the date of this Brochure, Propel provides (i) discretionary investment advisory services to Propel Bio Partners, L.P. (the "private fund") a Delaware limited partnership and a private pooled investment vehicle and (ii) discretionary sub-advisory services to the Simplify Propel Bio Opportunities
ETF (the "ETF", collectively, with the private fund, the "Clients"), an investment company registered under the Investment Company Act of 1940, as amended (the "1940 Act").
Propel generally has broad and flexible discretionary investment authority with respect to the Clients' investment portfolios. Propel does not tailor its advisory services to the individual needs of investors in its Clients. Rather, Propel manages each Client's portfolio in accordance with the investment objectives, strategies and restrictions established by the Client.