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Ikarian Capital

Ikarian Capital

Dallas, Texasikariancapital.com

Overview

Ikarian Capital is a long/short equity hedge fund manager focused on the therapeutics and biotechnology sub-sectors. The firm employs a long/short investment strategy, seeking investment opportunities in public and private markets. They aim to generate high, risk-adjusted returns uncorrelated to the broader market, primarily through a fundamental approach to identify investment opportunities in the biotechnology and pharmaceutical sub-sectors. The Adviser seeks to construct a portfolio of high conviction ideas with asymmetric risk/reward payoffs.

Year Founded

2015

AUM

$559.76M

Portfolio Companies

2

Investments

Ikarian Capital investments
CompanyDateStageLead
NexCure, Inc.Nov 2025Private PlacementLead
ImmusoftSep 2020Series BCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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Firmographic Details

HeadquartersDallas, Texas
Year Founded2015
AUM$559.76M

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