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RIA / WealthRegistered adviserasset managerSEC registeredRAUM 100m 1b

IKARIAN CAPITAL

IKARIAN CAPITAL, LLC, CRD 281880

DALLAS, TX

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:3ead99ce-256b-a050-3fbc-e146727fe74e

Data as of May 20, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 1:18 PM UTC and rebuilt at most every 15 minutes.

Relationships: 13
Dated events: 7
On other graphs: 0
Observed: May 12, 2020 to May 20, 2026
13 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: asset managerderivedprivate_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=true bd_reps=1.0
Regulatory AUM: $698MItem 5.F on the latest filing (2026-05-20); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $698M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 8
Advisory employees: 3
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 5
Private funds: 1Schedule D 7.B(1)
Custody, client assets: $564M
SEC number: 801-118894
CIK: 1778253
CRD: 281880
Filings on the tape: 13
First filed: May 12, 2020
Latest filed: May 20, 2026
Organised: Limited Liability Company, DE

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
IKARIAN HEALTHCARE MASTER FUND, L.P.	Hedge Fund	$473M	Mar 28, 2024	155	May 12, 2020	reported	021-303780

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
CHART WESTCOTT LIVING TRUST	Member	D	yes	03/2015	May 12, 2020	Mar 28, 2024
KHANNA, VIKRAM	CHIEF INVESTMENT OFFICER	Na	yes	04/2022	Oct 14, 2022	Mar 28, 2024
NEIL SHAHRESTANI AND KATLYN SHAHRESTANI CO-TRUSTEES OR THEIR SUCCESSORS IN TRUST OF THE NEIL AND KATLYN SHAHRESTANI LIVING TRUST	LIMITED PARTNER	E	yes	04/2020	Mar 31, 2022	Mar 28, 2024
NK CAPRI, LP	Member	D	yes	05/2020	Mar 31, 2022	Mar 28, 2024
SHAHRESTANI, KATLYN, GRACE	CO-TRUSTEE	F	yes	03/2020	Mar 31, 2022	Mar 28, 2024
SHAHRESTANI, KATLYN, GRACE	Manager	F	yes	04/2020	Mar 31, 2022	Mar 28, 2024
SHAHRESTANI, NEIL, TRISTAN	CO-TRUSTEE	F	yes	03/2020	May 12, 2020	Mar 28, 2024
SHAHRESTANI, NEIL, TRISTAN	CHIEF EXECUTIVE OFFICER/MANAGER	Na	yes	03/2015	May 12, 2020	Mar 28, 2024
SHAHRESTANI, NEIL, TRISTAN	Manager	F	yes	04/2020	May 12, 2020	Mar 28, 2024
WESTCOTT, CHART	Trustee	F	yes	03/2015	May 12, 2020	Mar 28, 2024
WUERTZ, TROY, DAVID	CCO/ COO/ GENERAL COUNSEL	Na	yes	02/2021	Mar 26, 2021	Mar 28, 2024
NK CAPRI GP, LLC	GENERAL PARTNER	F	no	04/2020	Mar 31, 2022	Mar 28, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
IKARIAN HEALTHCARE FUND GP, L.P.	n/a	n/a	n/a	N	yes	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 30, 2026	$698M	$698M	8	3	2	1	n/a
2024	Mar 28, 2025	$560M	$560M	6	3	2	1	n/a
2023	Mar 28, 2024	$565M	$565M	7	5	0	1	$473M
2022	Mar 31, 2023	$375M	$375M	9	5	0	1	$202M
2021	Mar 31, 2022	$662M	$662M	10	6	0	1	$552M
2020	Mar 26, 2021	$846M	$846M	8	4	0	1	$716M

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$698M	$560M	24.7%	$375M	23.0%	8	6	2	2

Relationships

Advises (1)

→ IKARIAN HEALTHCARE MASTER FUND, L.P.Private fundHedge Fund, IA
May 12, 2020 to presentfactForm ADV

Controls (8)

← SHAHRESTANI, NEIL, TRISTANOwnerCO-TRUSTEE, ownership code F, individual
May 12, 2020 to Mar 28, 2024factForm ADV
← WUERTZ, TROY, DAVIDOwnerCCO/ COO/ GENERAL COUNSEL, ownership code NA, individual
Mar 26, 2021 to Mar 28, 2024factForm ADV
← SHAHRESTANI, KATLYN, GRACEOwnerCO-TRUSTEE, ownership code F, individual
Mar 31, 2022 to Mar 28, 2024factForm ADV
← KHANNA, VIKRAMOwnerCHIEF INVESTMENT OFFICER, ownership code NA, individual
Oct 14, 2022 to Mar 28, 2024factForm ADV
← WESTCOTT, CHARTOwnerTRUSTEE, ownership code F, individual
May 12, 2020 to Mar 28, 2024factForm ADV
← CHART WESTCOTT LIVING TRUSTOwnerMEMBER, ownership code D, domestic entity
May 12, 2020 to Mar 28, 2024factForm ADV
← NEIL SHAHRESTANI AND KATLYN SHAHRESTANI CO-TRUSTEES OR THEIR SUCCESSORS IN TRUST OF THE NEIL AND KATLYN SHAHRESTANI LIVING TRUSTOwnerLIMITED PARTNER, ownership code E, domestic entity
Mar 31, 2022 to Mar 28, 2024factForm ADV
← NK CAPRI, LPOwnerMEMBER, ownership code D, domestic entity
Mar 31, 2022 to Mar 28, 2024factForm ADV

Owns (1)

← NK CAPRI GP, LLCOwnerGENERAL PARTNER, ownership code F, domestic entity
Mar 31, 2022 to Mar 28, 2024factForm ADV

Dated events

Occurred
Mar 28, 2024
Regulatory AUM changed
Ikarian Capital reported RAUM $565.2M, up 51% from $375.1M (2024-01-11 to 2024-03-28)
Form ADVobserved 4 days ago
$190M
Occurred
Mar 31, 2023
Regulatory AUM changed
Ikarian Capital reported RAUM $375.1M, down 43% from $662.2M (2022-10-14 to 2023-03-31)
Form ADVobserved 4 days ago
$-287M
Occurred
Oct 14, 2022
Control person joined
Vikram Khanna (Chief Investment Officer) appeared on Schedule A of Ikarian Capital
Form ADVobserved 4 days ago
Occurred
Mar 31, 2022
Control person joined
Grace Katlyn Shahrestani (Co-Trustee) appeared on Schedule A of Ikarian Capital
Form ADVobserved 4 days ago
Occurred
Mar 26, 2021
Regulatory AUM changed
Ikarian Capital reported RAUM $845.7M, up 53% from $553.0M (2020-05-12 to 2021-03-26)
Form ADVobserved 4 days ago
$293M
Occurred
Mar 26, 2021
Control person joined
David Troy Wuertz (Chief Compliance Officer / General Counsel) appeared on Schedule A of Ikarian Capital
Form ADVobserved 4 days ago
Occurred
May 12, 2020
First Form ADV filing
Ikarian Capital filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:3ead99ce-256b-a050-3fbc-e146727fe74e
First observed: May 12, 2020
Last observed: May 20, 2026 4 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

IKARIAN CAPITAL

IKARIAN CAPITAL, LLC, CRD 281880

DALLAS, TX

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:3ead99ce-256b-a050-3fbc-e146727fe74e

Data as of May 20, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 1:18 PM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

IKARIAN HEALTHCARE MASTER FUND, L.P.

Hedge Fund

$473M

Mar 28, 2024

155

May 12, 2020

reported

021-303780

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

CHART WESTCOTT LIVING TRUST

Member

yes

03/2015

May 12, 2020

Mar 28, 2024

KHANNA, VIKRAM

CHIEF INVESTMENT OFFICER

yes

04/2022

Oct 14, 2022

Mar 28, 2024

NEIL SHAHRESTANI AND KATLYN SHAHRESTANI CO-TRUSTEES OR THEIR SUCCESSORS IN TRUST OF THE NEIL AND KATLYN SHAHRESTANI LIVING TRUST

LIMITED PARTNER

yes

04/2020

Mar 31, 2022

Mar 28, 2024

NK CAPRI, LP

Member

yes

05/2020

Mar 31, 2022

Mar 28, 2024

SHAHRESTANI, KATLYN, GRACE

CO-TRUSTEE

yes

03/2020

Mar 31, 2022

Mar 28, 2024

SHAHRESTANI, KATLYN, GRACE

Manager

yes

04/2020

Mar 31, 2022

Mar 28, 2024

SHAHRESTANI, NEIL, TRISTAN

CO-TRUSTEE

yes

03/2020

May 12, 2020

Mar 28, 2024

SHAHRESTANI, NEIL, TRISTAN

CHIEF EXECUTIVE OFFICER/MANAGER

yes

03/2015

May 12, 2020

Mar 28, 2024

SHAHRESTANI, NEIL, TRISTAN

Manager

yes

04/2020

May 12, 2020

Mar 28, 2024

WESTCOTT, CHART

Trustee

yes

03/2015

May 12, 2020

Mar 28, 2024

WUERTZ, TROY, DAVID

CCO/ COO/ GENERAL COUNSEL

yes

02/2021

Mar 26, 2021

Mar 28, 2024

NK CAPRI GP, LLC

GENERAL PARTNER

04/2020

Mar 31, 2022

Mar 28, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

IKARIAN HEALTHCARE FUND GP, L.P.

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 30, 2026

$698M

n/a

2024

Mar 28, 2025

$560M

n/a

2023

Mar 28, 2024

$565M

$473M

2022

Mar 31, 2023

$375M

$202M

2021

Mar 31, 2022

$662M

$552M

2020

Mar 26, 2021

$846M

$716M

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$698M

$560M

24.7%

$375M

23.0%