Investment adviser · CRD 110345

SECTORAL ASSET MANAGEMENT INC.

Investment adviser filing (IA)

MONTREAL, QUEBEC, Canada · Form ADV filed May 6, 2026

Regulatory AUM: $331M
Client accounts: 8
Employees: 20
Advisory professionals: 11

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	7	$331,382,938	100.0%
Individuals	Fewer than 5	Not reported	Not reported
High-net-worth individuals	Fewer than 5	Not reported	Not reported
Banks & thrifts	Fewer than 5	Not reported	Not reported
Retirement plans	Fewer than 5	Not reported	Not reported
Charities	Fewer than 5	Not reported	Not reported
Government entities	Fewer than 5	Not reported	Not reported
Other investment advisers	Fewer than 5	Not reported	Not reported
Insurance companies	Fewer than 5	Not reported	Not reported
Sovereign wealth & foreign institutions	Fewer than 5	Not reported	Not reported
Corporations & businesses	Fewer than 5	Not reported	Not reported
Other clients	Fewer than 5	$0	0.0%

Filing source

Form ADV 2102054 · May 6, 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

7 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.

NEW EMERGING MEDICAL OPPORTUNITIES FUND V SCSPPrivate Equity Fund · Last reported May 6, 2026$97.4MGross asset value

Fund administrator AZTEC FINANCIAL SERVICES (LUXEMBOURG) S.A. LUXEMBOURG, Luxembourg Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PWC LUXEMBOURG LUXEMBOURG, Luxembourg

Custodian CACEIS INVESTOR SERVICES BANK S.A. LUXEMBOURG, Luxembourg Related to adviser: No

Provider details

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

PWC LUXEMBOURG
PCAOB 1328

CACEIS INVESTOR SERVICES BANK S.A.
LEI 549300IVXKQHV6O7PY61

Fund details & source

Fund ID: 805-7933549186
Reported beneficial owners: 64
Minimum commitment: $1M

Form ADV 2102054 · May 6, 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.

NEW EMERGING MEDICAL OPPORTUNITIES FUND IV SCSPPrivate Equity Fund · Last reported May 6, 2026$72.4MGross asset value

Fund administrator AZTEC FINANCIAL SERVICES (LUXEMBOURG) S.A. LUXEMBOURG, Luxembourg Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PWC LUXEMBOURG LUXEMBOURG, Luxembourg

Custodian CACEIS INVESTOR SERVICES BANK S.A. LUXEMBOURG, Luxembourg Related to adviser: No

Provider details

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

PWC LUXEMBOURG
PCAOB 1328

CACEIS INVESTOR SERVICES BANK S.A.
LEI 549300IVXKQHV6O7PY61

Fund details & source

Fund ID: 805-8059442709
Reported beneficial owners: 54
Minimum commitment: $1M

Form ADV 2102054 · May 6, 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.

NEW EMERGING MEDICAL OPPORTUNITIES FUND VI SCSPPrivate Equity Fund · Last reported May 6, 2026$40.6MGross asset value

Fund administrator FUNDPARTNER SOLUTIONS (EUROPE) S.A. LUXEMBOURG, Luxembourg Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PWC LUXEMBOURG LUXEMBOURG, Luxembourg

Custodian BANK PICTET & CIE (EUROPE) AG LUXEMBOURG, Luxembourg Related to adviser: No

Marketer BUTLER CAPITAL PARTNERS 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

PWC LUXEMBOURG
PCAOB 1328

BANK PICTET & CIE (EUROPE) AG
LEI 549300GSSPQ1QSKI1376

BUTLER CAPITAL PARTNERS
CRD 114242 · SEC 8-53413

Fund details & source

Fund ID: 805-7636338101
Reported beneficial owners: 13
Minimum commitment: $1M

Form ADV 2102054 · May 6, 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.

NEW EMERGING MEDICAL OPPORTUNITIES FUND II L.P.Private Equity Fund · Last reported Mar 30, 2021$32.8MGross asset value

Feeder funds

NEW EMERGING MEDICAL OPPORTUNITIES FUND II LTD
NEW EMERGING MEDICAL OPPORTUNITIES FUND II LTD

Fund administrator STATE STREET CAYMAN TRUST COMPANY, LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP GRAND CAYMAN, Cayman Islands

Custodian STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, 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

PRICEWATERHOUSECOOPERS LLP
PCAOB 1266

STATE STREET BANK AND TRUST COMPANY
LEI 571474TGEMMWANRLN572

Fund details & source

Fund ID: 805-5983831584
Reported beneficial owners: 20
Minimum commitment: $5M

Form ADV 1518297 · Mar 30, 2021 · 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.

NEW EMERGING MEDICAL OPPORTUNITIES FUND LPPrivate Equity Fund · Last reported Jan 8, 2016$4MGross asset value

Feeder funds

NEW EMERGING MEDICAL OPPORTUNITIES FUND II LTD

Fund administrator STATE STREET CAYMAN TRUST COMPANY, LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: Yes

Auditor PRICEWATERHOUSECOOPERS LLP GRAND CAYMAN, Cayman Islands

Custodian STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: Yes

Provider details

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

Fund details & source

Fund ID: 805-7012121457
Reported beneficial owners: 9
Minimum commitment: $5M

Form ADV 966791 · Jan 8, 2016 · 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.

NEW EMERGING MEDICAL OPPORTUNITIES FUND III, L.P.Private Equity Fund · Last reported May 22, 2025$2.18MGross asset value

Fund administrator STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP GRAND CAYMAN, Cayman Islands

Custodian STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, 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

PRICEWATERHOUSECOOPERS LLP
PCAOB 1266

STATE STREET BANK AND TRUST COMPANY
LEI 571474TGEMMWANRLN572

Fund details & source

Fund ID: 805-5681834061
Reported beneficial owners: 43
Minimum commitment: $5M

Form ADV 1990542 · May 22, 2025 · 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.

SECTORAL EMERGING MARKETS HEALTHCARE FUND, L.P.Other Private Fund · Last reported Mar 27, 2018$0Gross asset value

Form D fundraising filings

Sectoral Emerging Markets Healthcare Fund, L.P.

Fund administrator MAITLAND ADMINISTRATION (US) LLC MANAKIN-SABOT, Virginia, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP TORONTO, Canada

Custodian STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, 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

PRICEWATERHOUSECOOPERS LLP
PCAOB 271

STATE STREET BANK AND TRUST COMPANY
LEI 571474TGEMMWANRLN572

Fund details & source

Fund ID: 805-5297519861
Reported beneficial owners: 0
Minimum commitment: $1M
Form D file number: 021-246859

Form ADV 1172574 · Mar 27, 2018 · 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 6, 2026. View historical filings

Reported services

Individual portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

1010 SHERBROOKE STREET, WEST, SUITE 1610
MONTREAL, QUEBEC, H3A 2R7, Canada

CRD 110345

Filing source

Form ADV 2102054 · May 6, 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.