Value-driven U.S. equity hedge fund employing a market-neutral strategy (130% Long & 30% Short) with selective private equity investments in venture-backed startups
| Firm Name | Adage Capital Management, L.P. |
| Investment Thesis | Value-driven U.S. equity hedge fund employing a market-neutral strategy (130% Long & 30% Short) with selective private equity investments in venture-backed startups |
| Headquarters Location | Boston, Massachusetts, U.S. |
| Founded Year | 2001 |
| Number of Partners/Investors | 2 managing directors (Phillip Gross and Robert Atchinson); approximately 53-62 total employees |
| Investment Stage | Primary: Public U.S. equities (130% Long & 30% Short market-neutral strategy); Secondary: Private equity/venture capital investments in mature startups |
| Founders | Phillip Gross and Robert (Bob) Atchinson |
| Entity Type | Private LLC; U.S. registered investment adviser (RIA); SEC-registered investment adviser |
| Contact Information | Phone: 617-867-2874. Website (adagecapital.com) is password-protected with no public email. Domain registrar: Network Solutions; DNS via Cloudflare. |
| Assets Under Management | $46 billion USD (as of June 2023); SEC records showed $70.4B |
| Notable Portfolio Companies | Forter, GitLab, Gopuff, HawkEye 360, Tanium |
| Investor Base | Financial endowments, Institutional investors, Pension funds, Sovereign wealth funds |