AltMountain

Perceptive Discovery Fund LP

New York, NY · CIK 1973112 · Managed by Perceptive Advisors

Perceptive Discovery Fund LP is a private equity fund based in New York, New York. According to its most recent Form D, filed Feb 4, 2025, it has sold $218,750,000 of interests to 45 investors since its first sale in Feb 2024. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Joseph Edelman; Perceptive Discovery GP LLC.

Total raised
$218,750,000Cumulative sales reported on Form D
Investors
45
First sale
Feb 9, 2024
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Joseph Edelman; Perceptive Discovery GP LLC
Latest Form D
Feb 4, 2025

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Perceptive Discovery Fund LP

What is the minimum investment for Perceptive Discovery Fund LP?

Perceptive Discovery Fund LP's latest Form D, filed Feb 4, 2025, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Perceptive Discovery Fund LP?

Perceptive Discovery Fund LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has Perceptive Discovery Fund LP raised?

Perceptive Discovery Fund LP reports $218,750,000 sold from 45 investors on its Form D filed Feb 4, 2025. This is cumulative sales since the offering began, not current assets or performance.

Where is Perceptive Discovery Fund LP based?

Perceptive Discovery Fund LP is based in New York, New York and is managed by Perceptive Advisors.

When did Perceptive Discovery Fund LP launch?

Perceptive Discovery Fund LP reports its first sale in Feb 2024.

Size compared with every private equity fund

Raised more than 84% of the 3,770 private equity funds based in New York, and more than 82% of all 9,142 that report sales.

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