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HealthQuest Partners

HealthQuest Partners last closed a fund in April 2023 — 43 months ago.

Next fund
Apr 2025
past due
last close~37 mo75 mo

HealthQuest Partners has raised 3 times about every 37 months. The last was HealthQuest Partners IV, L.P. That pointed to Apr 2025. It is 19 months past its own gap and has not filed a new fund.

Historically about 1 in 4 firms in this position filed within a year. The month is approximate — how often this is right.

Late-cycle  This firm is deep enough into its last fund that a new one would not be a surprise.

Funds on file
4
Capital raised
$1.59B
Latest close
April 2023
Based in
CA

Vehicles on file

VehicleFirst closeAmount Filings
HealthQuest Tactical Opportunities Fund, L.P.April 2023$300M0001962758 ↗
HealthQuest Partners IV, L.P.March 2022$675M0001916042 ↗
HealthQuest Partners III, L.P.March 2019$440M0001771853 ↗
HealthQuest Partners II, L.P.January 2016$175M offered0001660910 ↗

Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.

Named on filings

David Kabakoff, Randy Scott, Richard Lin, Tom Callaway

What HealthQuest Partners invests in

Typical fund
$440M median, multistage
Median of this firm’s filed fund sizes on Form D.
Says it invests in
health/bio
“We are Through our investment team’s 300+ years of combined operating & investing experience, our Industry Advisory Board, and strategic LP’s we strive to be the best-connected firm in healthcare investing.” — its own site, read September 2026
Website
healthquestcapital.com
As filed by the adviser on Form ADV, July 2019.

Sector and stage are quoted from the firm’s own website, not inferred, and dated.

Service providers

Fund administrator
MWY Fund Services (3 funds), HC Global (3 funds)
Auditor
BDO (3 funds)

From Form ADV filed by HEALTHQUEST CAPITAL MANAGEMENT, L.P. CRD 296583 ↗, latest filing March 2026, covering 3 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.

What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.

What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.

“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.