Investment adviser · CRD 157509

KINGDON CAPITAL MANAGEMENT, L.L.C.

Investment adviser filing (IA)

NEW YORK, NY, United States · Form ADV filed Mar 30, 2026

Regulatory AUM: $960M
Client accounts: 8
Employees: 19
Advisory professionals: 10

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	8	$959,762,020	100.0%

Filing source

Form ADV 2066372 · Mar 30, 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

4 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.

M. KINGDON OFFSHORE MASTER FUND L.P.Hedge Fund · Last reported Mar 30, 2026$943MGross asset value

Feeder funds

KINGDON FAMILY PARTNERSHIP, L.P.
KINGDON ASSOCIATES
M. KINGDON OFFSHORE LTD.

Fund administrator MORGAN STANLEY FUND SERVICES (CAYMAN) LTD. DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS (CAYMAN) GEORGE TOWN, Cayman Islands

Custodian CANACCORD GENUITY CORP TORONTO, Canada Related to adviser: No

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

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

PRICEWATERHOUSECOOPERS (CAYMAN)
PCAOB 1266

GOLDMAN SACHS & CO. LLC
SEC 8-129

MORGAN STANLEY & CO. LLC
SEC 8-15869

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

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

Fund details & source

Fund ID: 805-2461838685
Reported beneficial owners: 48
Minimum commitment: $0

Form ADV 2066372 · Mar 30, 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.

KINGDON HEALTHCARE MASTER FUND L.P.Hedge Fund · Last reported Mar 30, 2026$9.55MGross asset value

Feeder funds

Fund administrator MORGAN STANLEY FUND SERVICES (CAYMAN) LTD. DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS (CAYMAN) GEORGE TOWN, Cayman Islands

Custodian CANACCORD GENUITY CORP TORONTO, Canada Related to adviser: No

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

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

PRICEWATERHOUSECOOPERS (CAYMAN)
PCAOB 1266

GOLDMAN SACHS & CO. LLC
SEC 8-129

MORGAN STANLEY & CO. LLC
SEC 8-15869

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

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

Fund details & source

Fund ID: 805-7730872870
Reported beneficial owners: 9
Minimum commitment: $0

Form ADV 2066372 · Mar 30, 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.

KINGDON HEALTHCARE PRIVATE EQUITY, LLCOther Private Fund · Last reported Mar 30, 2026$7.06MGross asset value

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Provider details

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

GOLDMAN SACHS & CO. LLC
SEC 8-129

Fund details & source

Fund ID: 805-2162098850
Reported beneficial owners: 8
Minimum commitment: $0

Form ADV 2066372 · Mar 30, 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.

KINGDON CREDIT MASTER FUND L.P.Hedge Fund · Last reported Mar 28, 2019$133MGross asset value

Feeder funds

Fund administrator MORGAN STANLEY FUND SERVICES (BERMUDA) LTD. DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATEHOUSECOOPERS (CAYMAN) GEORGE TOWN, Cayman Islands

Custodian FIRST REPUBLIC TRUST COMPANY NEW YORK, New York, United States Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Prime broker J.P. MORGAN CLEARING CORP. NEW YORK, New York, United States

Provider details

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

PRICEWATEHOUSECOOPERS (CAYMAN)
PCAOB 1266

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

J.P. MORGAN CLEARING CORP.
CRD 28432 · SEC 8-43724

Fund details & source

Fund ID: 805-3312842424
Reported beneficial owners: 100
Minimum commitment: $2M

Form ADV 1280052 · Mar 28, 2019 · 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: Mar 30, 2026. View historical filings

Reported services

Individual portfolio management · Pooled investment vehicle management · Business portfolio management · Selection of other advisers

Compensation

Percentage of assets · Performance-based

Principal office

152 WEST 57TH STREET, 50TH FLOOR
NEW YORK, NY, 10019-3308, United States

CRD 157509

Filing source

Form ADV 2066372 · Mar 30, 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.