Adage Capital Management

Hedge fund · Boston, Massachusetts · Founded 2001

Founded in 2001, Adage Capital Management is a hedge fund manager firm based in Boston, Massachusetts. 12 portfolio companies and 2 recorded rounds are on record.

AUM
$60.0B
Portfolio companies
12
Recorded deals
2
1 in last 12M
Last investment
Sep 2025

Adage Capital Management key facts

  • Adage Capital Management is a hedge fund based in Boston, Massachusetts with 12 tracked portfolio companies.
  • Notable positions include Gopuff, PsiQuantum, Harness.
  • PrivateMarketView records 2 deal participations by Adage Capital Management.
  • Adage Capital Management’s most recent recorded investment was in Sep 2025, one of 1 in the last 12 months.
  • The team roster lists 10 people.

About Adage Capital Management

Founded in 2001, Adage Capital Management is a hedge fund manager firm based in Boston, Massachusetts. The firm employs fundamental, long/short, and event-driven merger arbitrage investment strategies with equities & derivatives asset class preferences and value, long bias, and small-cap & mid-cap style preferences.

What Adage Capital Management invests in

Manages the fund through industry-specific portfolios run by analyst/portfolio-manager teams, selecting stocks on fundamental analysis with long positions and, as applicable, leverage, short sales and derivatives.

Stages
Public EquitiesLate StageGrowthPre-IPO
Sectors
TechnologyHealthcareConsumerEnterprise SoftwareQuantum ComputingSpace Technology
Geographies
United States

Investment focus

Adage Capital Management invests at the public equities, late stage, growth and pre-ipo stages, with a focus on Technology, Healthcare, Consumer, Enterprise Software, Quantum Computing and Space Technology, across the United States.

Investment activity

Adage Capital Management joined 2 recorded rounds in the last two years (1 in the last 12 months). By year: 1 in 2026 and 1 in 2025. 1 round landed in the last 90 days. Most recently: Expedition Therapeutics (Series B, Aug 2026) and PsiQuantum (Series E, Sep 2025).

Adage Capital Management portfolio at a glance

12 portfolio companies are on record for Adage Capital Management, including Gopuff, PsiQuantum and Harness.

11 of the 12 carry a recorded valuation and 1 have recorded secondary-market trades, the names a secondary buyer or seller can price.

Adage Capital Management team

10 people are on record at Adage Capital Management: 2 analysts, 1 partner, 1 managing partner, 1 principal and 5 others. Senior names include Phillip Gross (Founder), Matthew Schuldt (Partner) and Robert Atchinson (Co-Founder). 8 of them have a verified direct contact on file.

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Adage Capital Management at the SEC

Form ADV · 2026-03 · CRD 160679
Regulatory AUM
—
Private fund assets
$70.4B
Private funds
1 · 1 hedge
Staff
62
Registered office
BOSTON, MA
SEC status
Approved

Discloses a disciplinary history on Form ADV.

Source: SEC Investment Adviser Public Disclosure, Form ADV (registered as ADAGE CAPITAL MANAGEMENT, L.P.).

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Portfolio

12 companies · priced for members
CompanyValuationRole
Gopuff▮▮
PsiQuantum▮▮
Harness▮▮
+ 9 more companies · all 12, priced and dated
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Adage Capital Management recent deals

2 recorded
Aug 2026Expedition TherapeuticsSeries B▮
Sep 2025PsiQuantumSeries E▮
amounts and lead flags are a member featureUnlock all 2 deals

Membership and data by Private Market View

Team
10 people on record — 8 with verified contacts

Partners, principals, and the people who answer a pitch. Pro members reveal contacts with credits.

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Frequently asked about Adage Capital Management

What companies does Adage Capital Management invest in?
Adage Capital Management has 12 recorded portfolio companies, including Gopuff, PsiQuantum, Harness.
What is Adage Capital Management's AUM?
Adage Capital Management manages approximately $60.0B in assets.
Is Adage Capital Management actively investing?
Adage Capital Management's most recent recorded investment was in Sep 2025, with 1 investments in the last 12 months.