{ "crd_number": 143606, "slug": "redmile-group-larkspur-ca-143606", "primary_business_name": "REDMILE GROUP", "legal_name": "REDMILE GROUP, LLC", "dbas": [], "city": "Larkspur", "state": "CA", "country": "United States", "cbsa_code": "41860", "metro": { "cbsa_code": "41860", "common_name": "San Francisco", "msa_name": "San Francisco-Oakland-Fremont, CA", "path": "/advisors/ca/san-francisco" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2007-04-19", "years_registered": 19, "period": "2026-10-01", "filing_date": "2026-08-28", "carried_forward": false, "raum_total": 4701099967.0, "raum_discretionary": 4701099967.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 30, "advisory_employees": 15, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 4701099967.0, "count": 26 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 2, "states_registered": [ "CA", "NY" ], "websites": [ "https://redmilegroup.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/143606", "disclosure_items": [ { "item": "11.D(2)", "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?" }, { "item": "11.D(4)", "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?" } ], "city_as_filed": "LARKSPUR", "url": "https://advisorcensus.com/firm/redmile-group-larkspur-ca-143606", "display_name": "Redmile Group", "summary": "Redmile Group is an SEC-registered investment advisory firm in Larkspur, CA, registered since 2007, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 28, 2026.", "citation": "AdvisorCensus. Redmile Group (CRD 143606): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Redmile Group compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Redmile Group reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Redmile Group located?", "a": "Redmile Group's principal office is in Larkspur, CA, according to its Form ADV; the September 2026 filing also lists 2 other offices (Schedule D, Section 1.F)." }, { "q": "Is Redmile Group registered with the SEC or a state?", "a": "Redmile Group is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 143606." }, { "q": "How much does Redmile Group manage?", "a": "Redmile Group reports $4,701,099,967 in regulatory assets under management in its Form ADV filing dated August 28, 2026 (100% discretionary)." }, { "q": "How have Redmile Group's assets and staff changed since 2021?", "a": "In the Form ADV data for Redmile Group: Regulatory assets under management: $14,344,486,253 in the October 2021 data and $4,701,099,967 in the October 2026 data, down 67%. Total employees: 33 in October 2021 and 30 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Redmile Group serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (26)." }, { "q": "Does Redmile Group report any disciplinary disclosures?", "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/143606" }, { "q": "What changed in Redmile Group's recent Form ADV filings?", "a": "In the July 2026 filing data: Added an office in London." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 14344486253.0, "total_employees": 33, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 11582222474.0, "total_employees": 39, "filing_date": "2022-08-15" }, { "period": "2023-10-01", "regulatory_assets_under_management": 7236737898.0, "total_employees": 38, "filing_date": "2023-05-05" }, { "period": "2024-10-01", "regulatory_assets_under_management": 6473965022.0, "total_employees": 35, "filing_date": "2024-07-03" }, { "period": "2025-10-01", "regulatory_assets_under_management": 4835026495.0, "total_employees": 30, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 4701099967.0, "total_employees": 30, "filing_date": "2026-08-28" } ], "recent_changes": [ { "period": "2026-07-01", "period_label": "July 2026", "notes": [ "Added an office in London." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 13 to 15.", "No longer lists an office in Paris." ] }, { "period": "2025-11-01", "period_label": "November 2025", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/redmile-group-larkspur-ca-143606.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 26, "fewer_than_5": false, "raum": 4701099967.0 } ], "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.", "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/143606", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }