AltMountain

NEXTBio Evergreen LLC

Austin, TX · CIK 2065668 · Managed by Nextbio Capital Management LP

NEXTBio Evergreen LLC is a hedge fund based in Austin, Texas. According to its most recent Form D, filed Apr 21, 2026, the fund has sold $50,000,000 of interests to 1 investor since its first sale in May 2025. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include NEXTBio Capital Evergreen GP LLC; NEXTBio Capital Management LP.

Performance

No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.

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Total raised
$50,000,000Cumulative sales reported on Form D
Investors
1
First sale
May 20, 2025
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
NEXTBio Capital Evergreen GP LLC; NEXTBio Capital Management LP
Latest Form D
Apr 21, 2026

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about NEXTBio Evergreen LLC

What is the minimum investment for NEXTBio Evergreen LLC?

NEXTBio Evergreen LLC's latest Form D, filed Apr 21, 2026, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in NEXTBio Evergreen LLC?

NEXTBio Evergreen LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has NEXTBio Evergreen LLC raised?

NEXTBio Evergreen LLC reports $50,000,000 sold from 1 investor on its Form D filed Apr 21, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is NEXTBio Evergreen LLC based?

NEXTBio Evergreen LLC is based in Austin, Texas and is managed by Nextbio Capital Management LP.

When did NEXTBio Evergreen LLC launch?

NEXTBio Evergreen LLC reports its first sale in May 2025.

Size compared with every hedge fund

Raised more than 58% of the 631 hedge funds based in Texas, and more than 46% of all 10,307 that report sales.

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