Investment adviser · CRD 169355

HEALTHCARE ROYALTY MANAGEMENT, LLC

Investment adviser filing (IA)

NEW YORK, NY, United States · Form ADV filed Aug 17, 2026

Regulatory AUM: $3.78B
Client accounts: 13
Employees: 23
Advisory professionals: 19

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	11	$3,526,412,132	93.3%
Insurance companies	2	$251,298,000	6.7%

Filing source

Form ADV 2122256 · Aug 17, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

16 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

HCRX HOLDINGS L.P.Private Equity Fund · Last reported Aug 17, 2026$1.85BGross asset value

Fund administrator APEX GROUP EVANSVILLE, Indiana, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP SAN FRANCISCO, California, United States

Custodian JPMORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

JPMORGAN SECURITIES LLC
LEI ZBUT11V806EZRVTWT807

Fund details & source

Fund ID: 805-7966971788
Reported beneficial owners: 1
Minimum commitment: $10M

Form ADV 2122256 · Aug 17, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

HCRX INTERMEDIATE HOLDCO, L.P.Private Equity Fund · Last reported Aug 17, 2026$1.85BGross asset value

Fund administrator APEX GROUP EVANSVILLE, Indiana, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP SAN FRANCISCO, California, United States

Custodian JPMORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

JPMORGAN SECURITIES LLC
LEI ZBUT11V806EZRVTWT807

Fund details & source

Fund ID: 805-4433950379
Reported beneficial owners: 1
Minimum commitment: $10M

Form ADV 2122256 · Aug 17, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

HCRX INVESTMENTS HOLDCO, L.P.Private Equity Fund · Last reported Aug 17, 2026$1.85BGross asset value

Fund administrator APEX GROUP EVANSVILLE, Indiana, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP SAN FRANCISCO, California, United States

Custodian JPMORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

JPMORGAN SECURITIES LLC
LEI ZBUT11V806EZRVTWT807

Fund details & source

Fund ID: 805-4737470575
Reported beneficial owners: 1
Minimum commitment: $10M

Form ADV 2122256 · Aug 17, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

HEALTHCARE ROYALTY PARTNERS IV, L.P.Private Equity Fund · Last reported Aug 17, 2026$906MGross asset value

Form D fundraising filings

HEALTHCARE ROYALTY PARTNERS IV, L.P.

Feeder funds

HEALTHCARE ROYALTY PARTNERS IV-A, L.P.

Fund administrator APEX GROUP EVANSVILLE, Indiana, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP SAN FRANCISCO, California, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer THREADMARK LLP LONDON, United Kingdom Related to adviser: No

Marketer TRICHOTOMY CONSULTING MELBOURNE, Australia Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

DELOITTE & TOUCHE LLP
PCAOB 34

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source

Fund ID: 805-5434599135
Reported beneficial owners: 19
Minimum commitment: $10M
Form D file number: 021-325944

Form ADV 2122256 · Aug 17, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

GARX I, L.P.Private Equity Fund · Last reported Aug 17, 2026$233MGross asset value

Fund administrator APEX GROUP EVANSVILLE, Indiana, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP SAN FRANCISCO, California, United States

Custodian JPMORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

JPMORGAN SECURITIES LLC
LEI ZBUT11V806EZRVTWT807

Fund details & source

Fund ID: 805-7572049158
Reported beneficial owners: 2
Minimum commitment: $10M

Form ADV 2122256 · Aug 17, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

HCR STAFFORD FUND II, L.P.Private Equity Fund · Last reported Aug 17, 2026$173MGross asset value

Fund administrator APEX GROUP EVANSVILLE, Indiana, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP SAN FRANCISCO, California, United States

Custodian JPMORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

JPMORGAN SECURITIES LLC
LEI ZBUT11V806EZRVTWT807

Fund details & source

Fund ID: 805-4644779086
Reported beneficial owners: 1
Minimum commitment: $10M

Form ADV 2122256 · Aug 17, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

HCR POTOMAC FUND II, L.P.Private Equity Fund · Last reported Aug 17, 2026$145MGross asset value

Fund administrator APEX GROUP EVANSVILLE, Indiana, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP SAN FRANCISCO, California, United States

Custodian JPMORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

JPMORGAN SECURITIES LLC
LEI ZBUT11V806EZRVTWT807

Fund details & source

Fund ID: 805-4635669799
Reported beneficial owners: 1
Minimum commitment: $10M

Form ADV 2122256 · Aug 17, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Aug 17, 2026. View historical filings

Reported services

Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

30 HUDSON YARDS, 76TH FLOOR
NEW YORK, NY, 10001, United States

CRD 169355

Filing source

Form ADV 2122256 · Aug 17, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.