| Fund ID | 805-9698386413 |
| 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 | 1% |
| Owned by funds of funds | 2% |
| Owned by non-U.S. persons | 0% |
| Fund | Type | Gross assets |
|---|---|---|
| Palo Alto Healthcare Master Fund, L.P. | Hedge | $192M |
| Palo Alto Advanced Life Sciences Master Fund, L.P. | Hedge | $98M |
| Micro Cap Partners, L.P. | Hedge | $52M |
Palo Alto Healthcare Master Fund II, L.P. reports $318 million in gross assets, among the top 23% of private funds by size.
The stated minimum investment is $1 million.
Palo Alto Healthcare Master Fund II, 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.