# Vestal Point Capital, LP

> Vestal Point Capital, LP is an SEC-registered investment advisory firm in New York, NY, registered since 2023, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 325894
- Filed as: VESTAL POINT CAPITAL, 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/325894
- AdvisorCensus page: https://advisorcensus.com/firm/vestal-point-capital-lp-new-york-ny-325894

## Quick answers

**How is Vestal Point Capital, LP compensated?**
On its Form ADV (Item 5.E, October 2026), Vestal Point Capital, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

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

**Is Vestal Point Capital, LP registered with the SEC or a state?**
Vestal Point Capital, LP is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 325894.

**How much does Vestal Point Capital, LP manage?**
Vestal Point Capital, LP reports $5,469,117,378 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Vestal Point Capital, LP's assets and staff changed since 2023?**
In the Form ADV data for Vestal Point Capital, LP: Regulatory assets under management: $1,273,044,872 in the October 2023 data and $5,469,117,378 in the October 2026 data, up 330%. Total employees: 9 in October 2023 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Vestal Point Capital, LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Which custodians does Vestal Point Capital, LP use?**
Vestal Point Capital, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley as custodians holding 10% or more of its separately managed account assets.

**Does Vestal Point Capital, 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/325894

**What changed in Vestal Point Capital, LP's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $2,792,163,991 to $5,469,117,378 (+96%). Employees performing advisory functions went from 7 to 8. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Goldman Sachs & Co. LLC
- J.P. Morgan Securities LLC
- Morgan Stanley

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $5,469,117,378
- Discretionary: $5,469,117,378
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $2,799,059,296 |
| Other | Fewer than 5 | $2,670,058,082 |

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

### Firm details
- Registered since: 2023 (3 years)
- Employees: 11 total, 8 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- vestalpoint.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $1,273,044,872 | 9 | August 10, 2023 |
| October 2024 | $1,841,931,516 | 10 | March 27, 2024 |
| October 2025 | $2,792,163,991 | 10 | March 21, 2025 |
| October 2026 | $5,469,117,378 | 11 | March 31, 2026 |

Regulatory assets under management: $1,273,044,872 in the October 2023 data and $5,469,117,378 in the October 2026 data, up 330%.
Total employees: 9 in October 2023 and 11 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $2,792,163,991 to $5,469,117,378 (+96%).
- Employees performing advisory functions went from 7 to 8.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Vestal Point Capital, LP (CRD 325894): Form ADV filing data as of October 2026.