HEALTHCARE ROYALTY MANAGEMENT, LLC
Adviser information for HEALTHCARE ROYALTY 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 | 23 |
|---|---|
| Investment Advisory/Research | 19 |
| 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 | 11 | $3.5B |
| Non-Discretionary | 0 | $0 |
| Total | 11 | $3.5B |
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 | 11 | $3.5B |
| 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 | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMFixed feesPerformance-based feesCARRIED INTEREST |
Principal Office
300 ATLANTIC STREETSUITE 600
STAMFORD
CT
United States
Monday - Friday, 9:00 A.M. - 5:00 P.M.
Tel: 203-487-8300, Fax: 203-487-8330
Chief Compliance Officer
SPENCER SCHNEIDER
CHIEF COMPLIANCE OFFICER AND CHIEF PATENT COUNSEL
300 ATLANTIC STREET
SUITE 600
STAMFORD
CT
United States
Tel:
203-487-8333
Fax:
646-562-1293
S****************@*******M
(Full email address available in API data)
Regulatory Contact
CHRISTOPHER WHITE
PRESIDENT AND CHIEF FINANCIAL OFFICER
300 ATLANTIC STREET
SUITE 600
STAMFORD
CT
United States
Tel:
203-487-8303
Fax:
646-562-1293
C**********@*******M
(Full email address available in API data)
Industry Affiliates
| ATM EXECUTION LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| COWEN AND COMPANY | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| COWEN FINANCIAL PRODUCTS | Registered security-based swap dealer |
| HCR CANARY FUND GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| HCR H.O.P. FUND GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| HCR MOLAG FUND GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| HCR POTOMAC FUND II GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| HCR STAFFORD FUND II GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| HCRX MASTER GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| HEALTHCARE ROYALTY GP III, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| HEALTHCARE ROYALTY GP IV, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| HEALTHCARE ROYALTY GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| RAMIUS ADVISORS, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| WESTMINSTER RESEARCH ASSOCIATES LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| HCR CANARY FUND, L.P. | Private Equity Fund | $45.8M | $10.0M | 1 |
| HCR H.O.P. FUND, L.P. | Private Equity Fund | $9.5M | $10.0M | 1 |
| HCR MOLAG FUND, L.P. | Private Equity Fund | $172.0M | $10.0M | 1 |
| HCR POTOMAC FUND II, L.P. | Private Equity Fund | $100.0M | $10.0M | 1 |
| HCR STAFFORD FUND II, L.P. | Private Equity Fund | $150.0M | $10.0M | 1 |
| HCRX HOLDINGS L.P. | Private Equity Fund | $1,276.7M | $10.0M | 1 |
| HCRX INTERMEDIATE HOLDCO, L.P. | Private Equity Fund | $1,276.7M | $10.0M | 1 |
| HCRX INVESTMENTS HOLDCO, L.P. | Private Equity Fund | $1,276.7M | $10.0M | 1 |
| HEALTHCARE ROYALTY PARTNERS III, L.P. | Private Equity Fund | $574.0M | $10.0M | 60 |
| HEALTHCARE ROYALTY PARTNERS IV, L.P. | Private Equity Fund | $1,120.9M | $10.0M | 19 |
| HEALTHCARE ROYALTY PARTNERS, L.P. | Private Equity Fund | $24.5M | $10.0M | 32 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| CONNER, THOMAS, KREUZ | Individual | – | CHIEF ACCOUNTING OFFICER | 04/1992 | < 5% |
| SCHNEIDER, SPENCER, HARRIS | Individual | – | CHIEF COMPLIANCE OFFICER AND CHIEF PATENT COUNSEL | 02/2012 | < 5% |
| WHITE, CHRISTOPHER, ANDREW | Individual | – | PRESIDENT AND CHIEF FINANCIAL OFFICER | 12/2014 | < 5% |
| FUTCH, CLARKE, BRANNEN | Individual | – | CHAIRMAN AND CEO | 05/2017 | < 5% |
| VANDERBILT CAPITAL PARTNERS, LLC | Domestic Entity | – | MANAGER | 12/2006 | > 75% |
| TD COWEN | Domestic Entity | COWEN INVESTMENT MANAGEMENT LLC | MEMBER | 12/2006 | > 75% |
| COWEN INVESTMENT MANAGEMENT LLC | Domestic Entity | – | MEMBER | 03/2023 | 25-50% |
| THE TORONTO-DOMINION BANK | Foreign Entity | TD GROUP US HOLDINGS LLC | MEMBER | 03/2023 | > 75% |
| TORONTO DOMINION HOLDINGS (U.S.A.), INC. | Domestic Entity | TD COWEN | MEMBER | 03/2023 | > 75% |
| TD GROUP US HOLDINGS LLC | Domestic Entity | TORONTO DOMINION HOLDINGS (U.S.A.), INC. | MEMBER | 03/2023 | > 75% |
| BRYANT, TIMOTHY, RICHARD MORGAN | Individual | – | GENERAL COUNSEL | 05/2022 | < 5% |
| FUTCH, CLARKE, BRANNEN | Individual | VANDERBILT CAPITAL PARTNERS, LLC | MEMBER | 11/2007 | > 75% |