Overview
The Adviser is a Delaware limited liability company that was formed in January 2020 with its principal place
of business in Alpharetta, Georgia. The Adviser is principally owned and controlled by Balaji Venkataraman,
James Flexner and Thomas Vandervort, the principals of the Adviser (the “Principals”).
The Adviser provides investment advisory services on a discretionary basis to its clients, which consist of
private funds (together with other investment vehicles and accounts advised by the Adviser, the “Funds”)
intended for sophisticated investors and institutional investors. References throughout this document to
“clients” refer to the Funds and any other private funds that the Adviser may advise in the future.
The Funds predominately invest in private equity securities in the healthcare and life sciences sectors.
The Adviser provides advice to the Funds based on
specific investment objectives and strategies as
described in the Funds’ respective offering documents and governing agreements (collectively, the
“Governing Documents”). The Adviser does not tailor advisory services to the individual needs of clients.
The Adviser does not participate in wrap fee programs.
As of December 31, 2023, the Adviser had approximately $665,482,895 of regulatory assets under
management, all of which was managed on a discretionary basis. The adviser does not manage any assets
on a non-discretionary basis. Note that certain Funds are also co-managed by Velan Capital Investment
Management LP, the Adviser’s relying adviser (the “Relying Adviser”). Such Funds’ assets are also reflected
in Part 2A of the Adviser’s Form ADV relating to Velan Capital Investment Management LP for purposes of
calculating its regulatory assets under management.