Fairmount Funds Management LLC, founded in 2016 by Peter Harwin and Tomas Kiselak, specializes in healthcare and life sciences investments. The firm manages various private investment pools including Fairmount Healthcare Funds.
Between July 2022 and August 2023, the Form ADV filings show key changes in the firm's metrics
Fairmont Funds Managements' total assets under management (AUM) surged from $862.5M to $1.48B, a 71.7% increase. The total number of accounts declined from 7 to 5, while the employee count rose from 9 to 10.
The firm has recently made changes to its private fund portfolio.
Two funds were removed, including Fairmount SPV II LLC with a current gross asset value of $440K and Fairmount SPV I LLC with a current gross asset value of $1.58M.
In contrast, one new fund was added to the portfolio: Fairmount Healthcare Co-Invest LP, which has a current gross asset value of $38.7M.
The firm disclosed several modifications for its remaining other funds.
Here's a summary of key changes for each of the Fairmount private funds:
Fairmount Healthcare Fund II LP
Fairmount Healthcare Fund LP
Fairmount SPV III LLC
Access form ADV insights of more firms through Radient. Sign up for a free trial here.