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Adviser Profile

As of Date 03/22/2024
Adviser Type - Large advisory firm
Number of Employees 6 20.00%
of those in investment advisory functions 5 25.00%
Registration SEC, Approved, 11/02/2022
Other registrations (1)
Former registrations

HEALTHPOINT CAPITAL MANAGEMENT, LLC

AUM* 180,986,124 29.48%
of that, discretionary 180,986,124 29.48%
Private Fund GAV* 180,986,124 29.48%
Avg Account Size 90,493,062 29.48%
SMA’s No
Private Funds 2
Contact Info 212 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
140M 120M 100M 80M 60M 40M 20M
2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count2 GAV$180,986,124

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Brochure Summary

Overview

General Description of Advisory Firm HEALTHPOINTCAPITAL Management, LLC is a Delaware limited liability company that was formed in 2017 and is located in San Diego, California. HEALTHPOINTCAPITAL Management is controlled by its principal owners, John Foster, Managing Partner and Michael Mogul, Managing Partner. HEALTHPOINTCAPITAL Management, LLC together with two affiliate general partners, HGP IV, LLC, a Delaware limited liability company (“HGP IV”) and HGP MSK II, LLC, a Delaware limited liability company (“HGP MSK II”), collectively conduct a single advisory business. Unless otherwise indicated, any references to "HEALTHPOINTCAPITAL Management" herein refers to HEALTHPOINTCAPITAL Management, LLC and its affiliated general partners. Each of HEALTHPOINTCAPITAL Management and its affiliate general partners are subject to the same compliance policies and procedures and operate under a single Code of Ethics, each of which are administered by a single chief compliance officer. Description of Advisory Services HEALTHPOINTCAPITAL Management provides investment advisory services to private funds (each, a "Fund") that invest directly in healthcare related operating companies. The Funds are structured as limited partnership vehicles which are exempt from registration under the Investment Company Act of 1940, as amended (the “Investment Company Act”), in reliance on Section (3)(c)(1) thereof, and whose securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”), in reliance on an exemption under Regulation D thereof. The Fund’s investors are limited partners and a HEALTHPOINTCAPITAL Management affiliate serves as the Fund’s general partner. Details of the guidelines, parameters and restrictions on investments relating to the Fund clients may be found in the applicable Fund's organizational and offering documents (“Governing Documents”). The Funds are available for investment only by institutional investors and other sophisticated, high- net-worth investors, who meet the eligibility requirements of the applicable fund set forth in its Governing Documents. The Funds include:
• HEALTHPOINTCAPITAL Partners IV, L.P., a Delaware limited partnership; and
• HEALTHPOINTCAPITAL Musculoskeletal II, L.P., a Delaware limited partnership. The primary focus of HEALTHPOINTCAPITAL Management’s investment advisory activity is researching, advising on,
and managing private equity investments, including through acquisitions and dispositions. These investments mainly consist of acquisitions of control positions, using minimal leverage, in companies in the musculoskeletal health sector. HEALTHPOINTCAPITAL Management specifically focuses on established businesses in the musculoskeletal sector of the medical device industry that it believes have promising growth potential. These investments take the form of privately negotiated investment instruments including registered and unregistered equity securities issued by both U.S. and non-U.S. companies. Although the primary focus of each Fund is established businesses in the musculoskeletal sector that have promising growth potential, HEALTHPOINTCAPITAL Management may from time to time recommend other types of investments consistent with the respective Fund’s investment strategy and objectives. Availability of Customized Services for Individual Clients HEALTHPOINTCAPITAL Management decisions and advice with respect to each Fund will be subject to each Fund’s investment objectives and guidelines, as set forth in its respective offering documents. The general partner of a Fund may restrict investments by such Fund in certain types of securities. Any such restrictions would be described in the Governing Documents received by each limited partner before investing in a Fund. Once invested in a Fund, individual limited partners cannot impose restrictions on the types of securities in which such Fund may invest. The restrictions on the types of securities in which a Fund may invest are set forth in such Fund’s Governing Documents. From time to time, a Fund's general partner may enter into “side letters” or similar agreements with certain investors pursuant to which the general partner grants the investor specific rights, benefits, or privileges that may not be made generally available to other investors. If we determine that any of these side letters or agreements represent a variation that would be material to other investors, we would disclose it to Fund investors in an appropriate fashion. Wrap Fee Programs HEALTHPOINTCAPITAL Management does not currently participate in any Wrap Fee Programs. Assets Under Management As of December 31, 2023 HEALTHPOINTCAPITAL Management manages on a discretionary basis, approximately $180,986,124 of client assets. HEALTHPOINTCAPITAL Management does not manage any assets on a non-discretionary basis.