Hedge Fund Database

KRENSAVAGE ASSET MANAGEMENT, LLC

Adviser information for KRENSAVAGE ASSET MANAGEMENT, LLC last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Delaware, United States

Employees

Total Number of Employees 4
Investment Advisory/Research 3
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 0
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 3 $310.7M
Non-Discretionary 0 $0
Total 3 $310.7M

Clients

Type Number RAUM
Individuals 0 $0
HNW Individuals 0 $0
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 3 $310.7M
Pension and profit sharing plans 0 $0
Charitable organizations 0 $0
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 0 $0
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 33

Services

Advisory Services Portfolio management for pooled investment vehicles
Compensation % of AUMPerformance-based fees

Identifiers

SEC RIA File Number 801-78631
SEC ERA File Number 801-78631
SEC CIK Numbers 1609251
SEC CRD Numbers 168976
Legal Entity Identifier None

Principal Office

610 FIFTH AVENUE
SUITE 301
NEW YORK
NY
United States
Monday - Friday, 9:00 AM - 5:00 PM
Tel: (212) 888-1582, Fax: (212) 656-1985

Websites

www.krensavage.com www.linkedin.com/company/krensavage-asset-management-llc/about/

Chief Compliance Officer

PAUL J. PAOLINO
CHIEF FINANCIAL OFFICER
610 FIFTH AVENUE
SUITE 301
NEW YORK
NY
United States
Tel: (212) 5183193
Fax: (212) 656-1985
(Full email address available in API data)

Regulatory Contact

MICHAEL P. KRENSAVAGE
MANAGING MEMBER
610 FIFTH AVENUE
SUITE 301
NEW YORK
NY
United States
Tel: (212) 888-1582
Fax: (212) 656-1985
(Full email address available in API data)

Industry Affiliates

KRENSAVAGE ADVISORS TOO, LLC Sponsor, GP, manager of pooled investment vehicles
KRENSAVAGE ADVISORS, LLC Sponsor, GP, manager of pooled investment vehicles
PAUL J. PAOLINO, CPA Accountant or accounting firm

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
KRENSAVAGE PARTNERS TOO, LP Hedge Fund $29.8M $1.0M 25
KRENSAVAGE PARTNERS, LP Hedge Fund $280.9M $0.5M 164

Control Persons

Name Type Entity Title Since Ownership
KRENSAVAGE, MICHAEL, PAUL Individual – MANAGING MEMBER/CHIEF EXECUTIVE OFFICER 03/2008 > 75%
PAOLINO, PAUL, JOSEPH Individual – CHIEF FINANCIAL OFFICER 10/2013 < 5%
PAOLINO, PAUL, JOSEPH Individual – CHIEF COMPLIANCE OFFICER 04/2021 < 5%

No. Employees, Historic

10502020202120222023202420255 on 3/13/20205 on 3/2/20215 on 4/22/20214 on 3/4/20224 on 3/7/20234 on 3/27/2024

RAUM, Historic

400M200M0202020212022202320242025322002144 on 3/13/2020347219447 on 3/2/2021347219447 on 4/22/2021314669759 on 3/4/2022376884624 on 3/7/2023310705033 on 3/27/2024

No. Clients, Historic

10502020202120222023202420253 on 3/13/20203 on 3/2/20213 on 4/22/20213 on 3/4/20223 on 3/7/20233 on 3/27/2024

Holdings

From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ALKERMES PLC COM 6K 258K –
BIOGEN INC COM 29K 124K –
BIONTECH SE-ADR COM 11K 132K –
CARDINAL HEALTH INC COM 21K 218K –
ENANTA PHARMACEUTICALS INC COM 16K 1M –
EXELIXIS INC COM 38K 2M –
JAZZ PHARMACEUTICALS PLC COM 12K 109K –
MURAL ONCOLOGY PLC COM 236 75K –
REGENERON PHARMACEUTICALS COM 8K 8K –
SANOFI-ADR COM 7K 154K –
TARO PHARMACEUTICAL INDUS COM 28K 650K –
UNITED THERAPEUTICS CORP COM 38K 118K –
VANDA PHARMACEUTICALS INC COM 4K 662K –