United States · 
What does Patient Square Capital invest in?
Patient Square Capital invests most often at Series A and Series C (100% of the rounds on record), in sectors such as Medtech, Med Device and Health.
Patient Square Capital highlights
- 01
2 rounds on record
- 02
Mostly Series A and Series C: 100% of its rounds
- 03
Led 2 rounds
What they do
Patient Square Capital is a dedicated health care investment firm with $19 billion in assets under management.From their own website
- Type
- Private equity (from a list, unverified)
- Cheque size
- Not stated
- Stages
- SeedSeries ASeries BGrowth
- Sectors
- MedtechMed DeviceHealth
- Based in
- Menlo Park, United States
- Cold pitches
- Not accepted
The record
Every round we can evidence, newest first2 appearances
- 2024
1 round
- Jan
- 2021
1 round
- Jun
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
The team
Named by the firm itself, on a filing, its Form ADV or its company registration4 named
AMAdam Mark FlissGeneral Counsel and Founding PartneriForm ADV
CJCarolyn Joy Drayer-GreenwaltChief Compliance OfficeriForm ADV
JCJames Cameron MomtazeeManaging PartneriForm ADV
MMMatthew Michael WhelanChief Financial Officer and PartneriForm ADV
We also hold 8 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
What the register says
From the firm's own filings with the SEC, which it must file accurately by law
$18Bassets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
- Legal name
- Patient Square Capital, LP
- SEC number
- CRD 312203
Funds on its Form ADV
20 private funds, $7.9B in gross assets · filed Mar 2024
- Patient Square Equity Partners, L.P.Private equity86 investors$2.4B
- Patient Square Equity Partners-A, L.P.Private equity30 investors$2.3B
- PSC Stanley Coinvest, L.P.Private equity12 investors$568M
- Blackwell Capital Partners, L.P.Private equity2 investors$409M
- PSC EP Discretionary Coinvest III, L.P.Private equity3 investors$385M
- PSC Sperry Coinvest L.P.Private equity2 investors$264M
- PSC EP Discretionary Coinvest II, L.P.Private equity1 investor$234M
- PSC EP Discretionary Coinvest, L.P.Private equity2 investors$206M
- PSC HERO Coinvest, L.P.Private equity2 investors$200M
- PSC KR Coinvest, L.P.Private equity4 investors$178M
And 10 more on the filing.
Who backs their funds
1 LP on record in Patient Square Capital's funds
- Committed
- $2.1B
- Funds
- 2
- Vintages
- 2023
The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Mar 2026.
California Public Employees' Retirement System (CalPERS)2 funds$2.1B
Fund Vintage Committed Blackwell Capital Partners 2023 $1.8B Patient Square Equity Partners 2023 $300M