Adage Capital Management focuses on managing S&P 500 assets predominantly for endowments and foundations.
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..
Date
Company Name
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Round | Money Raised | Industry | Lead Investor |
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Dec 5, 2022
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Post-IPO Equity | $165M | Health Care | — |
Mar 9, 2022
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Series C | $150M | Consumer Electronics | — |
Feb 14, 2022
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Post-IPO Equity | $150M | Energy | — |
May 11, 2021
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Series B | $80M | Artificial Intelligence | — |
Apr 29, 2021
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Post-IPO Equity | $225M | Energy Efficiency | — |