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Adviser Profile

As of Date 05/14/2024
Adviser Type - Large advisory firm
- Outside the United States
Number of Employees 25
of those in investment advisory functions 14
Registration SEC, Approved, 3/7/2001
AUM* 580,148,241 -33.61%
of that, discretionary 580,148,241 -33.61%
Private Fund GAV* 244,451,157 -4.43%
Avg Account Size 58,014,824 -40.25%
% High Net Worth 6.67% 100.00%
SMA’s Yes
Private Funds 3
Contact Info 514 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

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

Recent News

Reported AUM

Discretionary
Non-discretionary
3B 3B 2B 2B 1B 847M 424M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count3 GAV$244,451,157

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Brochure Summary

Overview

Sectoral Asset Management Inc. (“Sectoral” or the “Adviser”), founded in 2000, is an asset management firm specializing in managing global equity portfolios in the healthcare sector. The Adviser, based in Montreal, Quebec, Canada, is a wholly owned subsidiary of Sectoral Asset Management Holding Limited, which is principally owned by the Adviser’s founder, Jérôme G. Pfund, CFA. The Adviser provides advisory services to institutional clients, primarily located in Europe and Asia, and to offshore venture capital funds or pooled funds that are exempt from registration under the Investment Company Act of 1940 (the “Company Act”). The Adviser provides investment advisory services to sophisticated institutional and professional investors, interested in investing in the healthcare sector and who understand the high risk associated with it. The clients can select the investment strategy offered by the Adviser and may impose restrictions
on investing in certain securities and types of securities within the healthcare universe. As of December 31, 2023, Sectoral had approximately $580.1 million in assets under management, all of which are managed on a discretionary basis. Sectoral’s mandate with each of its clients and the terms of any investor’s investment in a fund managed by Sectoral are governed exclusively by the terms of that fund’s organizational documents, private offering memorandum or other disclosure documents, limited partnership agreement (if any), investment management agreement, and subscription agreement (the “governing documents”). All discussions in this brochure of funds managed by the Adviser, their investments, the strategies Sectoral uses in managing its funds, and the fees associated with an investment in the funds are qualified in their entirety by reference to such funds’ governing documents.