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Patient Square Capital, LP

● SEC registered since 2021CRD 312203SEC# 801-120508Menlo Park, CA
Export (members)
Ranks #613 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$17.51B
Fund GAV
$17.22B
Private funds
30
Employees
97
Accounts
30
Location
Menlo Park, CA

Patient Square Capital, LP assets under management

Patient Square Capital, LP is a registered investment adviser overseen by the SEC based in Menlo Park, CA. The firm has been registered since 2021. It reports $17.5 billion in regulatory assets under management and employs 97 people. Patient Square Capital, LP manages 30 private funds with combined gross assets of $17.2 billion, including 03. Patient Square Equity Partners, LP. By regulatory assets, it ranks 613 of 6,004 private fund managers.

Patient Square Capital, LP private funds

30 funds · $17.22B GAV
FundTypeGross assetsMin.
03. Patient Square Equity Partners, LPPrivate Equity$2.98B
04. Patient Square Equity Partners-A, LPPrivate Equity$2.78B
05. Blackwell Capital Partners, LPPrivate Equity$2.08B
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Patient Square Capital, LP owners & executives

9 reported
NameTitleOwnershipSince
Adam Mark Fliss ControlFounding Partner; Head Of Strategy, Capital, Legal, And Government AffairsUnder 5%2020
Carolyn Joy Drayer-Greenwalt ControlChief Compliance Officer And Managing DirectorUnder 5%2022
Christopher Wade ControlChief Financial Officer And PartnerUnder 5%2026
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Frequently asked questions

How much does Patient Square Capital, LP manage?

Patient Square Capital, LP reports $17.5 billion in regulatory assets under management on its Form ADV.

How many private funds does Patient Square Capital, LP manage?

Patient Square Capital, LP manages 30 private funds with combined gross assets of $17.2 billion.

How many employees does Patient Square Capital, LP have?

Patient Square Capital, LP reports 97 employees.

Where is Patient Square Capital, LP located?

Patient Square Capital, LP is based in Menlo Park, CA and has been SEC-registered since 2021.

Does Patient Square Capital, LP disclose fund performance?

Patient Square Capital, LP is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address2884 Sand Hill Road, Suite 100, Menlo Park, CA 94025
Phone(650) 677-8100
Office hours9:00 a.m. - 5:00 p.m.
SEC regionSan Francisco Regional Office (SFRO)
Umbrella registrationYes
Discloses disciplinary historyNo

Regulatory AUM

$17.51B▲ 46%
Mar '25 — $12BApr '25 — $12BMay '25 — $12BJun '25 — $12BJul '25 — $12BAug '25 — $12BSep '25 — $12BOct '25 — $12BNov '25 — $12BDec '25 — $12BJan '26 — $12BFeb '26 — $12BMar '26 — $17.51BApr '26 — $17.51BMay '26 — $17.51BJun '26 — $17.51B
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 6%
Larger than 94% of 16,271 advisers
AUM vs fund managersTop 10%
Larger than 90% of 6,004 private-fund managers
Number of fundsTop 7%
More funds than 93% of fund managers
EmployeesTop 7%
More than 93% of 16,825 advisers

Assets under management

$17.51Bregulatory AUM
Discretionary $17.51B

Service providers