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Ikarian Healthcare Master Fund, L.P.

Hedge FundFund ID 805-8343652015Cayman Islands
Gross assets
$564M
Min. investment
$1M
Beneficial owners
179
Size rank
Top 13%
Audited
Yes
Structure
Master

About this fund

Ikarian Healthcare Master Fund, L.P. is a hedge fund managed by Ikarian Capital, LLC. The fund reports $564 million in gross assets, placing it among the top 13% of private funds by size. The stated minimum investment is $1 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-8343652015
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundYes
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued93%

Other funds from this manager

None reported.

Frequently asked questions

How large is Ikarian Healthcare Master Fund, L.P.?

Ikarian Healthcare Master Fund, L.P. reports $564 million in gross assets, among the top 13% of private funds by size.

What is the minimum investment for Ikarian Healthcare Master Fund, L.P.?

The stated minimum investment is $1 million.

Who manages Ikarian Healthcare Master Fund, L.P.?

Ikarian Healthcare Master Fund, L.P. is managed by Ikarian Capital, LLC.

Does Ikarian Healthcare Master Fund, L.P. disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

Service providers

Prime broker
Administrator
Auditor

Reported gross assets

$564M▲ 27%
Mar '25 — $445.1MApr '25 — $445.1MMay '25 — $445.1MJun '25 — $445.1MJul '25 — $445.1MAug '25 — $445.1MSep '25 — $445.1MOct '25 — $445.1MNov '25 — $445.1MDec '25 — $445.1MJan '26 — $445.1MFeb '26 — $445.1MMar '26 — $564MApr '26 — $564MMay '26 — $564MJun '26 — $564M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 13%
Larger than 87% of 67,041 private funds
Gross assets vs Hedge FundsTop 24%
Larger than 76% of 12,442 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum

Investor base

Adviser & related persons9%
Funds of funds6%
Non-U.S. persons28%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.