Investment adviser · CRD 312203

PATIENT SQUARE CAPITAL, LP

Investment adviser filing (IA)

MENLO PARK, CA, United States · Form ADV filed May 26, 2026

Regulatory AUM: $17.5B
Client accounts: 30
Employees: 97
Advisory professionals: 50

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	30	$17,512,552,081	100.0%

Filing source

Form ADV 2101367 · May 26, 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

32 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.

03. PATIENT SQUARE EQUITY PARTNERS, LPPrivate Equity Fund · Last reported May 26, 2026$2.98BGross asset value

Form D fundraising filings

PATIENT SQUARE EQUITY PARTNERS, LP

Fund administrator RSM US LLP CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP FORT WORTH, Texas, United States

Custodian BANK OF AMERICA, N.A. SAN FRANCISCO, California, United States Related to adviser: No

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No

Custodian SILICON VALLEY BANK A DIVISION OF FIRST CITIZENS BANK MENLO PARK, California, United States Related to adviser: No

Prime broker JEFFERIES 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

KPMG LLP
PCAOB 185

BANK OF AMERICA, N.A.
LEI B4TYDEB6GKMZO031MB27

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

SILICON VALLEY BANK A DIVISION OF FIRST CITIZENS BANK
LEI 0K2D5AK28E3O5CC06E35

JEFFERIES LLC
CRD 2347 · SEC 8-15074

Fund details & source

Fund ID: 805-9500956420
Reported beneficial owners: 112
Minimum commitment: $0
Form D file number: 021-403854

Form ADV 2101367 · May 26, 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.

04. PATIENT SQUARE EQUITY PARTNERS-A, LPPrivate Equity Fund · Last reported May 26, 2026$2.78BGross asset value

Form D fundraising filings

PATIENT SQUARE EQUITY PARTNERS-A, LP

Fund administrator ALTER DOMUS SALT LAKE CITY, Utah, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP FORT WORTH, Texas, United States

Custodian BANK OF AMERICA CHARLOTTE, North Carolina, United States Related to adviser: No

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No

Prime broker JEFFERIES 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

KPMG LLP
PCAOB 185

BANK OF AMERICA
LEI B4TYDEB6GKMZO031MB27

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

JEFFERIES LLC
CRD 2347 · SEC 8-15074

Fund details & source

Fund ID: 805-6011752489
Reported beneficial owners: 36
Minimum commitment: $0
Form D file number: 021-403856

Form ADV 2101367 · May 26, 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.

05. BLACKWELL CAPITAL PARTNERS, LPPrivate Equity Fund · Last reported May 26, 2026$2.08BGross asset value

Form D fundraising filings

Blackwell Capital Partners, LP

Fund administrator RSM US LLP CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP FORT WORTH, Texas, United States

Custodian BANK OF AMERICA CHARLOTTE, North Carolina, 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

KPMG LLP
PCAOB 185

BANK OF AMERICA
LEI B4TYDEB6GKMZO031MB27

Fund details & source

Fund ID: 805-5686123238
Reported beneficial owners: 2
Minimum commitment: $0
Form D file number: 021-480194

Form ADV 2101367 · May 26, 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.

29. BLACKWELL CAPITAL PARTNERS II, L.P.Private Equity Fund · Last reported May 26, 2026$1.52BGross asset value

Form D fundraising filings

Blackwell Capital Partners II, L.P.

Fund administrator RSM US LLP CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP FORT WORTH, Texas, United States

Custodian BANK OF AMERICA CHARLOTTE, North Carolina, 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

KPMG LLP
PCAOB 185

BANK OF AMERICA
LEI B4TYDEB6GKMZO031MB27

Fund details & source

Fund ID: 805-2170048428
Reported beneficial owners: 2
Minimum commitment: $0
Form D file number: 021-554557

Form ADV 2101367 · May 26, 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.

22. PATIENT SQUARE EQUITY PARTNERS II, L.P.Private Equity Fund · Last reported May 26, 2026$1.51BGross asset value

Form D fundraising filings

Patient Square Equity Partners II, L.P.

Fund administrator RSM US LLP CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP FORT WORTH, Texas, United States

Custodian BANK OF AMERICA CHARLOTTE, North Carolina, United States Related to adviser: No

Marketer ALLEN, ALLEN & PARTNERS PTY LIMITED SYDNEY, Australia Related to adviser: No

Marketer CROSSPOINT ADVISORS TOKYO, Japan Related to adviser: No

Marketer FALCOM ASSET MANAGEMENT SANTIAGO, Chile Related to adviser: No

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

Marketer LCA LATAM, S.A. DE C.V. MEXICO CITY, Mexico Related to adviser: No

Marketer LITERATI CAPITAL ADVISORS CDMX, Mexico Related to adviser: No

Marketer PINEGROVE CAPITAL LTD HERZLIYA, Israel Related to adviser: No

Marketer PJT PARTNERS LP 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: Yes

KPMG LLP
PCAOB 185

BANK OF AMERICA
LEI B4TYDEB6GKMZO031MB27

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 801-16048

PJT PARTNERS LP
CRD 171058 · SEC 8-69442

Fund details & source

Fund ID: 805-4017245682
Reported beneficial owners: 27
Minimum commitment: $0
Form D file number: 021-512731

Form ADV 2101367 · May 26, 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.

23. PATIENT SQUARE EQUITY PARTNERS II-A, L.P.Private Equity Fund · Last reported May 26, 2026$1.51BGross asset value

Form D fundraising filings

Patient Square Equity Partners II-A, L.P.

Fund administrator RSM US LLP CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP FORT WORTH, Texas, United States

Custodian BANK OF AMERICA CHARLOTTE, North Carolina, United States Related to adviser: No

Marketer ALLEN, ALLEN & PARTNERS PTY LIMITED SYDNEY, Australia Related to adviser: No

Marketer CROSSPOINT ADVISORS, INC. TOKYO, Japan Related to adviser: No

Marketer FALCOM ASSET MANAGEMENT SANTIAGO, Chile Related to adviser: No

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

Marketer LCA LATAM, S.A. DE C.V. MEXICO CITY, Mexico Related to adviser: No

Marketer LITERATI CAPITAL ADVISORS CDMX, Mexico Related to adviser: No

Marketer PINEGROVE CAPITAL LTD HERZLIYA, Israel Related to adviser: No

Marketer PJT PARTNERS LP 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: Yes

KPMG LLP
PCAOB 185

BANK OF AMERICA
LEI B4TYDEB6GKMZO031MB27

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 801-16048

PJT PARTNERS LP
CRD 171058 · SEC 8-69442

Fund details & source

Fund ID: 805-3488821886
Reported beneficial owners: 27
Minimum commitment: $0
Form D file number: 021-512734

Form ADV 2101367 · May 26, 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.

19. PSC STANLEY COINVEST, LPPrivate Equity Fund · Last reported May 26, 2026$965MGross asset value

Form D fundraising filings

PSC Stanley Coinvest, LP

Fund administrator RSM US LLP CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP FORT WORTH, Texas, United States

Custodian BANK OF AMERICA CHARLOTTE, North Carolina, 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

KPMG LLP
PCAOB 185

BANK OF AMERICA
LEI B4TYDEB6GKMZO031MB27

Fund details & source

Fund ID: 805-2893007742
Reported beneficial owners: 12
Minimum commitment: $0
Form D file number: 021-487387

Form ADV 2101367 · May 26, 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: May 26, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

2884 SAND HILL ROAD, SUITE 100
MENLO PARK, CA, 94025, United States

CRD 312203

Filing source

Form ADV 2101367 · May 26, 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.