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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 70 -75.95%
of those in investment advisory functions 28 21.74%
Registration SEC, Approved, 01/30/2006
AUM* 5,335,032,672 -14.68%
of that, discretionary 5,335,032,672 -14.68%
Private Fund GAV* 7,402,200,837 38.72%
Avg Account Size 91,983,322 -17.62%
% High Net Worth 1.64% 100.00%
SMA’s Yes
Private Funds 33 7
Contact Info (21 xxxxxxx
Websites

Client Types

- High net worth individuals
- Pooled investment vehicles
- Charitable organizations
- State or municipal government entities
- Insurance companies

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses
- Selection of other advisers

Compensation Arrangments

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

Reported AUM

Discretionary
Non-discretionary
6B 5B 4B 4B 3B 2B 893M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count16 GAV$2,946,711,799
Fund TypeVenture Capital Fund Count17 GAV$4,455,489,038

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Brochure Summary

Overview

HighVista Private Capital Management LLC (“HPCM”) is a wholly-owned subsidiary of HighVista Strategies LLC (“HVS”) and registered with the SEC as an investment adviser since 2006. HVS is a private investment adviser founded in 2004 to design and make available investment strategies into which institutions and sophisticated investors can invest and has prepared a separate brochure and Form ADV. HVS provides investment advisory services across a range of investment strategies and asset classes to pooled investment vehicles (“Fund(s)”) and separately managed accounts (individually a “Client”, collectively referred to herein as “Clients”). HVS is controlled by HighVista Management Partners LP, which is owned by André Perold, Raphael Schorr, and the members of the HVS management team. HVS’s management team is responsible for managing firm operations, as well as formulating, implementing, and supervising HVS’s investment strategy. In rendering investment advisory services, HPCM and HVS (collectively, “HighVista”) will share resources, including, but not limited to, personnel, systems and processes, research information, and the HighVista office located in Boston, Massachusetts, United States of America. HPCM provides investment advisory services for private equity and venture capital strategies as well as customized solutions for Clients seeking specific exposure or risk/return characteristics within their alternative investment allocations. HPCM typically manages client accounts on a discretionary basis but HPCM will manage client accounts on a non-discretionary basis, subject to client instruction. HPCM makes investments for Clients in accordance with mutually agreed upon written investment guidelines and provides continuous supervision of client portfolios. In the case of Funds, this
direction is subject to the direction and control of any affiliated general partner or directors of the applicable Fund. Investment services will be tailored for each Client’s specific needs and objectives, and pursuant to investment management agreements (each, a “Management Agreement”). Pursuant to the Management Agreement, certain Clients impose restrictions on investing in certain securities or types of securities. However, except in specific circumstances agreed to by HPCM, investors in commingled Funds generally cannot impose restrictions on the types of securities in which the applicable Fund invests. The offer and sale of interests in Funds are generally made to qualified purchasers through a confidential offering memorandum that is prepared for each Fund and provides information about the Fund’s objectives, strategies, risks, structure, costs, withdrawal terms and other matters of importance to investors. Additional information about HPCM’s business, history, organization and other matters addressed in this Item 4 can be found in the offering memorandum and governing documents of the Funds. The information in this Brochure does not purport to be a complete description of Funds or each Funds respective investment strategy and is qualified in its entirety by each HighVista Fund’s offering, governing, and organizational documents (collectively, the “Governing Documents”). For separate account clients, a Management Agreement is entered into with each Client that summarizes the advisory services that will be provided by HighVista and addresses Client specific investment restrictions as well as strategies, risks, costs, and other matters of importance. As of December 31, 2023, HPCM’s regulatory assets under management were approximately $5,335,032,672, all of which is managed on a discretionary basis.