Propel Bio Management, LLC

RIASEC RegisteredEst. 2022
Total AUM
$247M
Discretionary
$247M
100% of AUM
Avg account
$49.5M
Accounts
5
Employees
7
Advisory reps
2

Firm details

Headquarters
Los Angeles, California
CRD number
322858
Registered since
December 8, 2022
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • Pooled Investment Vehicles69.59%
  • Investment Companies30.41%
Services
Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment Vehicles

Firm profile

FINTRX

Overview

Propel Bio Management, LLC is a privately held investment manager organized as an LLC and registered with the SEC in 2022. The firm operates as a hybrid hedge fund and venture capital manager, running pooled vehicles and investment companies on behalf of institutional clients. Its revenue model combines a percentage-of-assets fee with performance-based fees, and it serves as sponsor, general partner and managing member for its pooled vehicles rather than acting primarily as a capital allocator to external managers. The firm focuses on active portfolio management rather than ESG engagement and is not designated as a multi-state adviser in the referenced filings. Advisory activities explicitly include portfolio management for both investment companies and pooled investment vehicles, indicating an operational emphasis on running closed-end and open-end fund structures.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Contacts

2 of 2
  • Leen Kawas

    Leen Kawas

    Managing General PartnerCRD 7613611

  • James Harding

    FinanceCRD 7644742

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

FINTRX

Recent filings

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Awards

FINTRX

Location

Primary office

Los Angeles, CA

Los Angeles

Location

Los Angeles, CA

Headquartered in Los Angeles, CA, anchoring the Los Angeles-Long Beach, CA metro in the West.

Metro area
Los Angeles-Long Beach, CA
Region
West
County
Los Angeles
Address
11620 Wilshire Blvd
Time zone
PT (UTC-8)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth