Venture Capital
Adage Capital Management LP is a Boston-based hedge fund co-founded by two former money managers at Harvard University’s endowment, Phill Gross (pictured above) and Robert Atchinson. The investment management firm was launched with a $3.8 billion commitment from Harvard Management Company back in 2001. Interestingly, its founders continue to run this firm in the same style they managed the aforementioned equity group at Harvard. They take long and short bets on individual stocks within different industries by employing fundamental analysis with a focus on intra-industry valuation methodologies. The 13F filing for the June quarter reveals that Adage Capital Management oversees...