| Fund ID | 805-5339200980 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 100% |
| Owned by the adviser or related persons | 20% |
| Owned by funds of funds | 12% |
| Owned by non-U.S. persons | 4% |
| Fund | Type | Gross assets |
|---|---|---|
| Palo Alto Healthcare Master Fund II, L.P. | Hedge | $318M |
| Palo Alto Healthcare Master Fund, L.P. | Hedge | $192M |
| Micro Cap Partners, L.P. | Hedge | $52M |
Palo Alto Advanced Life Sciences Master Fund, L.P. reports $98 million in gross assets, among the top 43% of private funds by size.
The stated minimum investment is $5 million.
Palo Alto Advanced Life Sciences Master Fund, L.P. is managed by Palo Alto Investors LP.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.