Firms

Yosemite
San Francisco, California, United States
Yosemite is the San Francisco oncology-focused venture investment and research-philanthropy platform launched as an independent firm on August1,2023 after spinning out of Emerson Collective Health. Its regulated legal adviser is Yosemite Management, LLC, CRD326764 / SEC801-128248, headquartered at901BatteryStreet, SanFrancisco. The predecessor health strategy began at Emerson in2015; that history is distinct from the standalone2023 launch and manager ownership recorded from2022. Unrelated Japanese Yosemite, Yosemite Capital Management, Yosemite Conservancy and CRED’s Yosemite product are excluded. The firm finances therapeutics, diagnostics, tools, digital health and healthcare delivery, with a cancer non-lethal mission and verified AI drug-discovery/healthcare-software investments. It combines venture investing and incubation with a parallel donor-advised charitable grant programme. Its own February2026 release reports morethanUSD18M cumulatively deployed in research grants since2023; that is not a new debt round, paid LP corpus or a second corporate raise. The2023 launch states that Yosemite manages Emerson Health’s legacy ECI Health Funds as adviser; this does not retroactively change those historical subscribing buyers. Three March2026 SEC-reported private vehicles are separately recorded: Yosemite Fund I LP, Yosemite Fund II LP and Firefall Fund I LP. Primary counsel confirms USD200M first closing for FundI, while the issuer describes an oversubscribed200M+ firstclose; no unproved263M final corpus is inferred from its262.908M grossassetvalue. Own FundII announcement confirms morethan200M initialclose, whose exact corpus remains unpublished;350M is a target. Its January2026 FormD zero sold is a filing-date snapshot before later commencement, and March2026 ADV259.469M GAV is not closed LP commitments. Firefall is an affiliated private vehicle with unpublished corpus. The live firm website does not publish a complete staff or portfolio directory. This profile includes sixteen publicly named operating/legal affiliates and source-qualified historical/advisory roles; private headcount and unverified current ranks are not invented. AnnaDarbyshire’s former foundingCOO role and own transition to adviser are separated. Six genuine named portraits remain unavailable from accessible primary sources. Historical portfolio records and personal checks are preserved, including sparse ChaiDiscovery and duplicate Sage/SageCare representations queued for full issuer audits. Fourier Health’s actual8.4M seed announcedOctober17,2025 explicitly names Yosemite as lead; its individual check and subscribing fund are unpublished.
- Founded
- 2023
- Type
- Venture capital


































