Pavadi Capital

Pavadi Capital LLC is a financial advisor firm established in December 2001, specializing in providing administrative and investment advisory services to pooled investment vehicles and separately managed accounts in the healthcare industry. The firm is led by Jeffrey S. Edelman and Zachary S. Sharon, M.D., with over 25 years of experience in the healthcare sector. As of December 31, 2022, Pavadi managed $110,970,874 of regulatory assets on a discretionary basis, primarily investing in U.S.-listed equity securities of healthcare companies. The firm's investment objective is to compound capital through a value-oriented strategy focused on the healthcare industry. For clients interested in investing with Pavadi, the minimum initial capital commitment for the Pavadi Funds is $1,000,000, with a minimum additional commitment of $100,000. The firm charges a quarterly management fee of 1.5% of each investor's capital account and may receive an annual incentive allocation of net profits. Pavadi may also negotiate performance-based fees for separately managed accounts. Pavadi exercises investment discretion for the Funds, with the authority to make purchase and sale decisions within specified limitations. The firm also has the authority to vote proxies on behalf of clients and maintains custody of client assets in compliance with regulatory requirements. Clients can expect transparency in the firm's brokerage practices, including considerations for best execution and soft dollar arrangements. Overall, Pavadi aims to provide investment services aligned with clients' best interests and investment objectives.