# Petrichor Healthcare Capital Management LP

> 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.

- CRD: 288664
- Filed as: PETRICHOR HEALTHCARE CAPITAL MANAGEMENT LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/288664
- AdvisorCensus page: https://advisorcensus.com/firm/petrichor-healthcare-capital-management-lp-new-york-ny-288664

## Quick answers

**How is Petrichor Healthcare Capital Management LP compensated?**
On its Form ADV (Item 5.E, October 2026), Petrichor Healthcare Capital Management LP reports these compensation arrangements: performance-based fees.

**Where is Petrichor Healthcare Capital Management LP located?**
Petrichor Healthcare Capital Management LP's principal office is in New York, NY, according to its Form ADV.

**Is Petrichor Healthcare Capital Management LP registered with the SEC or a state?**
Petrichor Healthcare Capital Management LP is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 288664.

**How much does Petrichor Healthcare Capital Management LP manage?**
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).

**How have Petrichor Healthcare Capital Management LP's assets and staff changed since 2021?**
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.

**What types of clients does Petrichor Healthcare Capital Management LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6).

**Does Petrichor Healthcare Capital Management LP report any disciplinary disclosures?**
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

**Does Petrichor Healthcare Capital Management LP state an account minimum?**
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."

**What changed in Petrichor Healthcare Capital Management LP's recent Form ADV filings?**
In the April 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> 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.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $966,491,168
- Discretionary: $966,491,168
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $966,491,168 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2018 (8 years)
- Employees: 16 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [petrichorcap.com](https://petrichorcap.com)
- [scionlifesciences.com](https://scionlifesciences.com)
- LinkedIn @petrichor-healthcare
- LinkedIn @scion-life-sciences

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $523,404,354 | 7 | March 30, 2021 |
| October 2022 | $661,748,363 | 10 | June 21, 2022 |
| October 2023 | $679,714,567 | 13 | March 30, 2023 |
| October 2024 | $872,169,465 | 15 | September 30, 2024 |
| October 2025 | $945,239,939 | 14 | March 31, 2025 |
| October 2026 | $966,491,168 | 16 | March 31, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Petrichor Healthcare Capital Management LP (CRD 288664): Form ADV filing data as of October 2026.