Patient Square Capital, LP
Menlo Park, CA · CRD 312203
Private equity manager
Patient Square Capital, LP is an SEC-registered investment adviser based in Menlo Park, CA that reports managing 30 private funds on Form ADV, including 30 private equity funds. It reports $17.5 billion in regulatory assets under management. Its private funds hold $17.2 billion in gross assets.
- Regulatory assets under management
- $17.5 billionForm ADV Item 5.F
- Gross assets of private funds
- $17.2 billionAll private fund types, Form ADV
- Private funds managed
- 30PE 30 · VC 0 · hedge 0
- Employees
- 97Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 312203
- Latest Form ADV
- 05/26/2026Disciplinary disclosures: none reported
Private equity funds filing Form D (5)
Fund
First sale
Raised
Investors
Minimum
Offering
Patient Square Equity Partners II-A, L.P.
Menlo Park, CA
First saleMay 2024
Raised$3.1B
Investors24
MinimumNone set
Offering506(b)
Patient Square Equity Partners II, L.P.
Menlo Park, CA
First saleMay 2024
Raised$3.1B
Investors26
MinimumNone set
Offering506(b)
Patient Square Royalty & Structured Solutions, L.P.
Menlo Park, CA
First sale—
Raised$0
Investors0
MinimumNone set
Offering506(b)
Patient Square Therapeutics II, L.P.
Menlo Park, CA
First sale—
Raised$0
Investors0
MinimumNone set
Offering506(b)
Patient Square Equity Executives QP II, L.P.
Menlo Park, CA
First sale—
Raised$0
Investors0
MinimumNone set
Offering506(b)
Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.
Private funds reported on Form ADV (6)
Fund
Gross assets
Minimum
Owners
Adviser
Patient Square Equity Partners, LP
Delaware, United StatesPrivate equity fund
Gross assets$2.4B
MinimumNone set
Owners86
AdviserPatient Square Capital, LP
Patient Square Equity Partners-A, LP
Delaware, United StatesPrivate equity fund
Gross assets$2.3B
MinimumNone set
Owners30
AdviserPatient Square Capital, LP
Blackwell Capital Partners, LP
Delaware, United StatesPrivate equity fund
Gross assets$409M
MinimumNone set
Owners2
AdviserPatient Square Capital, LP
Patient Square Atlantic, LP
Delaware, United StatesPrivate equity fund
Gross assets$132M
MinimumNone set
Owners2
AdviserPatient Square Capital, LP
Patient Square Equity Executives QP, LP
Delaware, United StatesPrivate equity fund
Gross assets$113M
MinimumNone set
Owners4
AdviserPatient Square Capital, LP
Patient Square Equity Executives, LP
Delaware, United StatesPrivate equity fund
Gross assets$5.4M
MinimumNone set
Owners6
AdviserPatient Square Capital, LP
As reported in the adviser's Form ADV filed Mar 29, 2024. Funds also listed from Form D are shown above.
Fund vehicles: feeder funds and single-deal vehicles (14)
Fund
Gross assets
Minimum
Owners
Adviser
PSC Stanley Coinvest, LP
Delaware, United StatesPrivate equity fund
Gross assets$568M
MinimumNone set
Owners12
AdviserPatient Square Capital, LP
PSC Ep Discretionary Coinvest III, LP
Delaware, United StatesPrivate equity fund
Gross assets$385M
MinimumNone set
Owners3
AdviserPatient Square Capital, LP
PSC Sperry Coinvest LP
Delaware, United StatesPrivate equity fund
Gross assets$264M
MinimumNone set
Owners2
AdviserPatient Square Capital, LP
PSC Ep Discretionary Coinvest II, LP
Delaware, United StatesPrivate equity fund
Gross assets$234M
MinimumNone set
Owners1
AdviserPatient Square Capital, LP
PSC Ep Discretionary Coinvest, LP
Delaware, United StatesPrivate equity fund
Gross assets$206M
MinimumNone set
Owners2
AdviserPatient Square Capital, LP
PSC Hero Coinvest, LP
Delaware, United StatesPrivate equity fund
Gross assets$200M
MinimumNone set
Owners2
AdviserPatient Square Capital, LP
PSC Kr Coinvest, LP
Delaware, United StatesPrivate equity fund
Gross assets$178M
MinimumNone set
Owners4
AdviserPatient Square Capital, LP
PSC Condor Coinvest, LP
Delaware, United StatesPrivate equity fund
Gross assets$148M
MinimumNone set
Owners3
AdviserPatient Square Capital, LP
PSC Spark Coinvest, LP
Delaware, United StatesPrivate equity fund
Gross assets$124M
MinimumNone set
Owners5
AdviserPatient Square Capital, LP
PSC Sperry Coinvest IV, LP
Delaware, United StatesPrivate equity fund
Gross assets$111M
MinimumNone set
Owners3
AdviserPatient Square Capital, LP
PSC Atlantic Coinvest, LP
Delaware, United StatesPrivate equity fund
Gross assets$65.2M
MinimumNone set
Owners2
AdviserPatient Square Capital, LP
PSC Ginger Coinvest II, LP
Delaware, United StatesPrivate equity fund
Gross assets$34.4M
MinimumNone set
Owners2
AdviserPatient Square Capital, LP
PSC Sperry Coinvest II, LP
Delaware, United StatesPrivate equity fund
Gross assets$7.7M
MinimumNone set
Owners1
AdviserPatient Square Capital, LP
PSC Ginger Coinvest, LP
Delaware, United StatesPrivate equity fund
Gross assets$150.0
MinimumNone set
Owners1
AdviserPatient Square Capital, LP
Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.
From SEC filings. Firm data comes from the SEC's Form ADV data. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures