Adage Capital Management

company

About

Adage Capital Management focuses on managing S&P 500 assets predominantly for endowments and foundations.

  • 11 - 50

Highlights

Details

Industries
Finance,Financial Services,Venture Capital
Founded date
Apr 19, 2001
Number Of Employee
11 - 50
Operating Status
Active
Investor Type
Government Office

Adage Capital Management is a Boston-based $8.9B Money Management firm focused on managing S&P 500 assets predominantly for Endowments and Foundations such as Harvard University, Northwestern University, Dartmouth College, the American Red Cross and the Getty Foundation. Adage and its predecessor, the Select Equity Group at the Harvard Management Company, has outperformed the S&P index in each of the last 15 years by an average of 3.5%.

The fund is run by Phill Gross, who prior to founding Adage, was a Healthcare and Retail analyst, equity research director and partner at the Harvard Management Company for 18 years..

Investments

Number of Investments
Number of Lead Investments
9
0
Adage Capital Management has made 9 investments. Their most recent investment was on Dec 5, 2022, when Karyopharm Therapeutics raised $165M.
Date Company Name
Round Money Raised Industry Lead Investor
Post-IPO Equity $165M Health Care
Mar 9, 2022 Menlo Micro
Series C $150M Consumer Electronics
Feb 14, 2022 Energy Vault
Post-IPO Equity $150M Energy
May 11, 2021 SiMa.ai
Series B $80M Artificial Intelligence
Apr 29, 2021 Stem
Post-IPO Equity $225M Energy Efficiency