Investment adviser · CRD 157876

DEERFIELD MANAGEMENT COMPANY

DEERFIELD MANAGEMENT COMPANY, L.P. SERIES C

NEW YORK, NY, United States · Form ADV filed Mar 28, 2025

Regulatory AUM
$16.1B
Form ADV · Item 5.F
Client accounts
12
Accounts, not individual clients
Employees
183
Reported in this filing
Advisory professionals
90
Investment advisory functions

How this adviser has changed

Annual filings

Regulatory assets under management

Reported regulatory AUM by annual filing$0$8.11B$16.2BFY 2021: $16,229,982,187.00FY 2021FY 2022: $15,060,203,700.00FY 2022FY 2023: $16,117,395,447.00FY 2023FY 2024: $16,051,603,884.00FY 2024

Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.

Annual adviser history and sources
Fiscal yearRegulatory AUMEmployeesFiled
2021$16,229,982,187148Mar 30, 2022
2022$15,060,203,700175Mar 31, 2023
2023$16,117,395,447178Mar 28, 2024
2024$16,051,603,884183Mar 28, 2025

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles12$16,051,603,884100.0%
Filing source

Form ADV 1958169 · Mar 28, 2025 · Item 5.D

Reported by DEERFIELD MANAGEMENT COMPANY, L.P. SERIES C (CRD 157876).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Private funds & service providers

1 selected fund records

Largest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.

View all funds in this filing

DEERFIELD PDI FINANCING II, L.P.Private Equity Fund$41.8MGross asset value
Fund administrator CITCO FUND ADMINISTRATION (CAYMAN ISLANDS) LIMITED GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor ERNST & YOUNG LTD HAMILTON, Bermuda Other funds reporting this name →
Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No Other funds reporting this name →
Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LTD
PCAOB 1277

MORGAN STANLEY & CO. LLC
SEC 8-15869

NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 54930042DBMRRWU1QM80

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source
Fund ID
805-2416843259
Reported beneficial owners
42
Minimum commitment
$1M

Form ADV 1958169 · Mar 28, 2025 · Schedule D 7.B.(1)

Reported by DEERFIELD MANAGEMENT COMPANY, L.P. SERIES C (CRD 157876).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Services & filing details

Showing values from the selected filing. Latest observed filing does not establish current registration status.

What changed?

Since Mar 28, 2024 · previous imported filing

  • Regulatory AUM$16,117,395,447 → $16,051,603,884
  • Employees178 → 183
Filing source

Form ADV 1958169 · Mar 28, 2025 · Items 1 & 5

Reported by DEERFIELD MANAGEMENT COMPANY, L.P. SERIES C (CRD 157876).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Management of assets

Discretionary
$16.1B
Non-discretionary
$0

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

345 PARK AVENUE SOUTH, 12TH FLOOR
NEW YORK, NY, 10010, United States

CRD 157876

Filing source

Form ADV 1958169 · Mar 28, 2025 · Items 1 & 5

Reported by DEERFIELD MANAGEMENT COMPANY, L.P. SERIES C (CRD 157876).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.