Ikarian Capital, Llc
- Regulatory AUM
- $698M
- Discretionary
- $698M
- Clients
- 5
- Avg AUM / client
- $140M
- Accounts
- 5
- Employees
- 8
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of May 20, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 5 | $698M | 100.0% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $473M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Ikarian Healthcare Master Fund, L.P. master | Hedge Fund | Cayman Islands | $473M | 155 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Shahrestani, Neil, Tristan | Chief Executive Officer/Manager | Mar 2015 (11y) | Less than 5% | |
| Westcott, Chart | Trustee | Mar 2015 (11y) | GP / trustee / elected manager of Chart Westcott Living Trust (indirect) | |
| Shahrestani, Katlyn, Grace | Co Trustee | Mar 2020 (6y) | GP / trustee / elected manager of Neil Shahrestani And Katlyn Shahrestani Co Trustees Or Their Successors In Trust Of The Neil And Katlyn Shahrestani Living Trust (indirect) | |
| Wuertz, Troy, David | Cco/ Coo/ General Counsel | Feb 2021 (6y) | Less than 5% | |
| Khanna, Vikram | Chief Investment Officer | Apr 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Chart Westcott Living Trust | Member | Mar 2015 | A | 50% – 75% |
| Nk Capri, Lp | Member | May 2020 | A | 50% – 75% |
| Neil Shahrestani And Katlyn Shahrestani Co Trustees Or Their Successors In Trust Of The Neil And Katlyn Shahrestani Living Trust | Limited Partner | Apr 2020 | B | ≈ 37.5% – 75% via Nk Capri, Lp |
| Nk Capri Gp, Llc | General Partner | Apr 2020 | B | GP / trustee / elected manager of Nk Capri, Lp (indirect) |
Estimated effective ownership (look-through of filed bands):
- Neil Shahrestani And Katlyn Shahrestani Co Trustees Or Their Successors In Trust Of The Neil And Katlyn Shahrestani Living Trust: 75% – 100% of Nk Capri, Lp × 50% – 75% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $473M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Ikarian Healthcare Master Fund, L.P. | Hedge Fund | $473M | $1.0M | 155 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/20/2026 | 1.24 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 20, 2026.
View current Form ADV (SEC/IAPD) ↗