9AT: FAIRMOUNT FUNDS MANAGEMENT LLC

other names

FAIRMOUNT FUNDS MANAGEMENT LLC

Adviser Profile

As of Date	03/31/2026
ADV Location	WEST CONSHOHOCKEN, PA, United States
Adviser Type - Large advisory firm
Number of Employees	30 43%
of those in investment advisory functions	12 9%
Registration	SEC, Approved, 06/27/2019
Other registrations (1)	SEC, ERA - Withdrawn, 05/24/2019
Former registrations	FAIRMOUNT FUNDS MANAGEMENT LLC

AUM^*	5,799,058,000 155%
of that, discretionary	5,799,058,000 155%
Private Fund GAV^*	5,799,058,000 73%
Avg Account Size	1,449,764,500 155%
SMA’s	No
Private Funds	6
Contact Info	267 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Fund Type	Count	GAV
Fund TypeHedge Fund	Count3	GAV$5,598,608,000
Fund TypePrivate Equity Fund	Count3	GAV$200,450,000

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser LONG PATH PARTNERS, LP	Hedge Fund720.4m	Liquidity Fund-	Private Equity Fund693.8m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund106.4m	Total Private Fund GAV1.5b	AUM1.7b	#Funds20
Adviser PERINI CAPITAL	Hedge Fund45.7m	Liquidity Fund-	Private Equity Fund124.4m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV170.1m	AUM329.8m	#Funds8
Adviser LUTHER KING CAPITAL MANAGEMENT CORPORATION	Hedge Fund2.2b	Liquidity Fund-	Private Equity Fund3.9b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV6.1b	AUM30.1b	#Funds20
Adviser VENOR CAPITAL MANAGEMENT LP	Hedge Fund189.2m	Liquidity Fund-	Private Equity Fund44.3m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV233.5m	AUM254.0m	#Funds9
Adviser P2 CAPITAL PARTNERS, LLC	Hedge Fund494.9m	Liquidity Fund-	Private Equity Fund329.5m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV824.4m	AUM824.4m	#Funds5
Adviser ALTERNATIVE INVESTMENT MANAGEMENT, LLC	Hedge Fund869.7m	Liquidity Fund-	Private Equity Fund536.1m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV1.4b	AUM1.8b	#Funds26
Adviser SUMMIT ROCK ADVISORS, LP	Hedge Fund8.9b	Liquidity Fund-	Private Equity Fund6.1b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV15.0b	AUM26.2b	#Funds23
Adviser PFM HEALTH SCIENCES, LP	Hedge Fund1.2b	Liquidity Fund-	Private Equity Fund46.9m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV1.2b	AUM1.3b	#Funds8
Adviser TENOR CAPITAL MANAGEMENT COMPANY, L.P.	Hedge Fund10.1b	Liquidity Fund-	Private Equity Fund31.5m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV10.2b	AUM10.2b	#Funds7
Adviser VIKING GLOBAL INVESTORS LP	Hedge Fund74.0b	Liquidity Fund-	Private Equity Fund7.7b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV81.7b	AUM78.2b	#Funds30

Brochure Summary

Overview

Fairmount Funds Management LLC, a Delaware limited liability company (hereinafter “Fairmount,” “we”, “us”, “our” or the “Firm”), was founded by Peter Harwin and Tomas Kiselak, the principal owners of the Firm (the “Managing Members”) in August 2016. The Managing Members are responsible for the Firm’s daily management and portfolio selection. Fairmount Healthcare Fund II GP LLC and Fairmount Healthcare Co-Invest II GP LLC both Delaware limited liability companies (the “General Partners”), are affiliated with the Firm and owned by the Managing Members. Fairmount provides discretionary investment management services to qualified investors through its privately placed pooled investment vehicles (the “Funds”): (i) Fairmount Healthcare Fund II LP (“Fairmount Healthcare Fund II”) and Fairmount Healthcare Feeder Fund II LP (“Offshore Fund II,” and together with Fairmount Healthcare Fund II, the “Partnerships”); (ii) one Special Purpose Vehicle (the “SPV”); and (iii) Fairmount Healthcare Co-Invest II LP (“Co-invest II”). Offshore Fund II invests all its assets in Fairmount Healthcare Fund II. Offshore Fund II’s shareholders, Fairmount Healthcare Fund II and Co-invest II’s limited partners, and the members of the

SPV are hereafter collectively referred to as the “Investors” where appropriate. We do not tailor our advisory services to the individual needs of any Investor. Fairmount manages investments primarily focused on healthcare and life science companies, including companies developing drugs, devices, diagnostics, services, and/or healthcare IT. Investments are generally comprised of common stock, preferred shares, warrants, options, baskets of securities, exchange-traded funds, restricted shares, contingent value rights, and investments in privately held companies. We focus on small and midsize market capitalization companies and may invest long and/or short and may choose to hedge some or all of our positions. As of December 31, 2023, the Firm managed approximately $2,277,000,000 in client assets, all of which were managed on a discretionary basis. Information about the Funds presented in this Brochure is indicative of Fund terms and practices. Interests in any Fund are offered to eligible investors only through their respective confidential offering memoranda and other offering and governing documents, which should be read in their entirety prior to investment. This Brochure is not an offer of interests in any Fund.

FAIRMOUNT FUNDS MANAGEMENT LLC

Related Companies

Adviser Profile

Details

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

Similar advisers

Brochure Summary

Overview