Investment adviser · CRD 160174

RA CAPITAL MANAGEMENT, LP

BOSTON, MA, United States · Form ADV filed Aug 27, 2025

Regulatory AUM
$12.6B
Form ADV · Item 5.F
Client accounts
11
Accounts, not individual clients
Employees
160
Reported in this filing
Advisory professionals
96
Investment advisory functions

How this adviser has changed

Annual filings

Regulatory assets under management

Reported regulatory AUM by annual filing$0$6.31B$12.6BFY 2021: $10,147,001,376.00FY 2021FY 2022: $9,650,336,033.00FY 2022FY 2023: $11,323,065,361.00FY 2023FY 2024: $12,629,842,282.00FY 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$10,147,001,376113Mar 31, 2022
2022$9,650,336,033122Mar 31, 2023
2023$11,323,065,361130Mar 29, 2024
2024$12,629,842,282160Mar 31, 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 vehicles10$12,542,814,49899.3%
Corporations & businessesFewer than 5$87,027,7840.7%
Filing source

Form ADV 2010088 · Aug 27, 2025 · Item 5.D

Reported by RA CAPITAL MANAGEMENT, LP (CRD 160174).

Other-Than Anual Amendment For Registered Adviser.

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.

BOFA SECURITIES, INC.

Custodian · funds reporting this exact name in the selected filing

These are reported-name connections within this adviser's filing, not a verified global provider identity or market-wide client count.

Private funds & service providers

6 detailed 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.

RA CAPITAL HEALTHCARE FUND, LPHedge Fund · Master$10.8BGross asset value

Form D fundraising filings

View filings for the issuers linked by this fund’s reported Form D file numbers.

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor KPMG LLP BOSTON, Massachusetts, United States Other funds reporting this name →
Custodian BOFA SECURITIES, INC. NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian J.P. MORGAN NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

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

KPMG LLP
PCAOB 185

BOFA SECURITIES, INC.
SEC 8-69787

GOLDMAN SACHS & CO. LLC
SEC 8-129

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

Fund details & source
Fund ID
805-7177603803
Reported beneficial owners
1,009
Minimum commitment
$2M
Form D file number
021-74043
Form D file number
021-100507

Form ADV 2010088 · Aug 27, 2025 · Schedule D 7.B.(1)

Reported by RA CAPITAL MANAGEMENT, LP (CRD 160174).

Other-Than Anual Amendment For Registered Adviser.

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.

RA CAPITAL NEXUS III FUND, L.P.Venture Capital Fund · Master$965MGross asset value

Form D fundraising filings

View filings for the issuers linked by this fund’s reported Form D file numbers.

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor KPMG LLP BOSTON, Massachusetts, United States Other funds reporting this name →
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian J.P. MORGAN NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No Other funds reporting this name →
Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

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

KPMG LLP
PCAOB 185

GOLDMAN SACHS & CO. LLC
SEC 8-129

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

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

Fund details & source
Fund ID
805-4817804283
Reported beneficial owners
233
Minimum commitment
$10M
Form D file number
021-415889
Form D file number
021-415892

Form ADV 2010088 · Aug 27, 2025 · Schedule D 7.B.(1)

Reported by RA CAPITAL MANAGEMENT, LP (CRD 160174).

Other-Than Anual Amendment For Registered Adviser.

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.

RA CAPITAL NEXUS II FUND, L.P.Venture Capital Fund · Master$439MGross asset value

Form D fundraising filings

View filings for the issuers linked by this fund’s reported Form D file numbers.

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor KPMG LLP BOSTON, Massachusetts, United States Other funds reporting this name →
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian J.P. MORGAN NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No Other funds reporting this name →
Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

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

KPMG LLP
PCAOB 185

GOLDMAN SACHS & CO. LLC
SEC 8-129

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

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

Fund details & source
Fund ID
805-7928693012
Reported beneficial owners
195
Minimum commitment
$10M
Form D file number
021-376580
Form D file number
021-376586

Form ADV 2010088 · Aug 27, 2025 · Schedule D 7.B.(1)

Reported by RA CAPITAL MANAGEMENT, LP (CRD 160174).

Other-Than Anual Amendment For Registered Adviser.

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.

RA CAPITAL NEXUS FUND, L.P.Venture Capital Fund · Master$259MGross asset value

Form D fundraising filings

View filings for the issuers linked by this fund’s reported Form D file numbers.

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor KPMG LLP BOSTON, Massachusetts, United States Other funds reporting this name →
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian J.P. MORGAN NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No Other funds reporting this name →
Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

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

KPMG LLP
PCAOB 185

GOLDMAN SACHS & CO. LLC
SEC 8-129

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

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

Fund details & source
Fund ID
805-3846839772
Reported beneficial owners
94
Minimum commitment
$10M
Form D file number
021-344154
Form D file number
021-344153

Form ADV 2010088 · Aug 27, 2025 · Schedule D 7.B.(1)

Reported by RA CAPITAL MANAGEMENT, LP (CRD 160174).

Other-Than Anual Amendment For Registered Adviser.

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.

RA CAPITAL PLANETARY HEALTH FUND, LPVenture Capital Fund · Master$113MGross asset value

Form D fundraising filings

View filings for the issuers linked by this fund’s reported Form D file numbers.

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor KPMG BOSTON, Massachusetts, United States Other funds reporting this name →
Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No Other funds reporting this name →
Prime broker NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, 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

KPMG
PCAOB 185

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

NATIONAL FINANCIAL SERVICES LLC
CRD 13041 · SEC 8-26740

Fund details & source
Fund ID
805-9699979294
Reported beneficial owners
22
Minimum commitment
$0
Form D file number
021-492107
Form D file number
021-492108

Form ADV 2010088 · Aug 27, 2025 · Schedule D 7.B.(1)

Reported by RA CAPITAL MANAGEMENT, LP (CRD 160174).

Other-Than Anual Amendment For Registered Adviser.

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.

RA CAPITAL NEXUS FUND IV, L.P.Venture Capital Fund · Master$6.01MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor KPMG LLP BOSTON, Massachusetts, United States Other funds reporting this name →
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian J.P. MORGAN NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No Other funds reporting this name →
Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

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

KPMG LLP
PCAOB 185

GOLDMAN SACHS & CO. LLC
SEC 8-129

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

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

Fund details & source
Fund ID
805-4532987944
Reported beneficial owners
46
Minimum commitment
$1M
Form D file number
021-544318

Form ADV 2010088 · Aug 27, 2025 · Schedule D 7.B.(1)

Reported by RA CAPITAL MANAGEMENT, LP (CRD 160174).

Other-Than Anual Amendment For Registered Adviser.

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 31, 2025 · previous imported filing

No comparable changes in the displayed metrics.

Filing source

Form ADV 2010088 · Aug 27, 2025 · Items 1 & 5

Reported by RA CAPITAL MANAGEMENT, LP (CRD 160174).

Other-Than Anual Amendment For Registered Adviser.

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
$12.6B
Non-discretionary
$0

Reported services

Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

200 BERKELEY STREET, 18TH FLOOR
BOSTON, MA, 02116, United States

CRD 160174

Filing source

Form ADV 2010088 · Aug 27, 2025 · Items 1 & 5

Reported by RA CAPITAL MANAGEMENT, LP (CRD 160174).

Other-Than Anual Amendment For Registered Adviser.

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.