{ "crd_number": 288664, "slug": "petrichor-healthcare-capital-management-lp-new-york-ny-288664", "primary_business_name": "PETRICHOR HEALTHCARE CAPITAL MANAGEMENT LP", "legal_name": "PETRICHOR HEALTHCARE CAPITAL MANAGEMENT LP", "dbas": [], "city": "New York", "state": "NY", "country": "United States", "cbsa_code": "35620", "metro": { "cbsa_code": "35620", "common_name": "New York", "msa_name": "New York-Newark-Jersey City, NY-NJ", "path": "/advisors/ny/new-york" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2018-01-02", "years_registered": 8, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 966491168.0, "raum_discretionary": 966491168.0, "raum_non_discretionary": 0.0, "raum_band": "500m_1b", "raum_band_label": "$500 million to $1 billion", "total_employees": 16, "advisory_employees": 12, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 966491168.0, "count": 6 } }, "compensation_types": [ "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "NY" ], "websites": [ "https://linkedin.com/company/petrichor-healthcare/about", "https://linkedin.com/company/scion-life-sciences", "https://petrichorcap.com", "https://scionlifesciences.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/288664", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/petrichor-healthcare-capital-management-lp-new-york-ny-288664", "display_name": "Petrichor Healthcare Capital Management LP", "summary": "Petrichor Healthcare Capital Management LP is an SEC-registered investment advisory firm in New York, NY, registered since 2018, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Petrichor Healthcare Capital Management LP (CRD 288664): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Petrichor Healthcare Capital Management LP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Petrichor Healthcare Capital Management LP reports these compensation arrangements: performance-based fees." }, { "q": "Where is Petrichor Healthcare Capital Management LP located?", "a": "Petrichor Healthcare Capital Management LP's principal office is in New York, NY, according to its Form ADV." }, { "q": "Is Petrichor Healthcare Capital Management LP registered with the SEC or a state?", "a": "Petrichor Healthcare Capital Management LP is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 288664." }, { "q": "How much does Petrichor Healthcare Capital Management LP manage?", "a": "Petrichor Healthcare Capital Management LP reports $966,491,168 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have Petrichor Healthcare Capital Management LP's assets and staff changed since 2021?", "a": "In the Form ADV data for Petrichor Healthcare Capital Management LP: Regulatory assets under management: $523,404,354 in the October 2021 data and $966,491,168 in the October 2026 data, up 85%. Total employees: 7 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Petrichor Healthcare Capital Management LP serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6)." }, { "q": "Does Petrichor Healthcare Capital Management LP report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/288664" }, { "q": "Does Petrichor Healthcare Capital Management LP state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"The minimum initial investment in the Funds is generally $5 million, subject to the applicable Fund general partner’s or manager’s, as applicable (the “General Partner”), discretion to accept lesser amounts.\"" }, { "q": "What changed in Petrichor Healthcare Capital Management LP's recent Form ADV filings?", "a": "In the April 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 523404354.0, "total_employees": 7, "filing_date": "2021-03-30" }, { "period": "2022-10-01", "regulatory_assets_under_management": 661748363.0, "total_employees": 10, "filing_date": "2022-06-21" }, { "period": "2023-10-01", "regulatory_assets_under_management": 679714567.0, "total_employees": 13, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 872169465.0, "total_employees": 15, "filing_date": "2024-09-30" }, { "period": "2025-10-01", "regulatory_assets_under_management": 945239939.0, "total_employees": 14, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 966491168.0, "total_employees": 16, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 31, 2026", "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "$5,000,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "The minimum initial investment in the Funds is generally $5 million, subject to the applicable Fund general partner’s or manager’s, as applicable (the “General Partner”), discretion to accept lesser amounts." ] } ], "quotes": [ "The minimum initial investment in the Funds is generally $5 million, subject to the applicable Fund general partner’s or manager’s, as applicable (the “General Partner”), discretion to accept lesser amounts." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/petrichor-healthcare-capital-management-lp-new-york-ny-288664.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 6, "fewer_than_5": false, "raum": 966491168.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/288664", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }