Adage Capital Management, L.P.
- Regulatory AUM
- $70.4B
- Discretionary
- $70.4B
- Clients
- 1
- Avg AUM / client
- $70.4B
- Accounts
- 1
- Employees
- 62
AUM over time
Annual snapshots from Form ADV filings · as of Mar 25, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 1 | $70.4B | 100.0% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Sep 2024 · $52.0B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Adage Capital Partners, L.P. | Hedge Fund | Delaware | $52.0B | 300 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Atchinson, Robert, George | Managing Director, Limited Partner | Jul 2001 (25y) | ≈ 37.5% – 75% via Adage Capital Advisors, Llc | |
| Gross, Phillip, Thomas | Managing Director, Limited Partner | Jul 2001 (25y) | ≈ 37.5% – 75% via Adage Capital Advisors, Llc | |
| Hiler, Kurt, Jay | Equity Analyst, Limited Partner | Jul 2001 (25y) | 5% – 10% | |
| Lehan, Daniel, Joseph | Chief Operating Officer And Chief Compliance Officer, Limited Partner | Jul 2001 (25y) | 5% – 10% | |
| Bardinelli, James, Anthony | Chief Financial Officer, Limited Partner | Jan 2010 (17y) | Less than 5% | |
| Grealish, Michael, Joseph | Equity Analyst, Limited Partner | Dec 2016 (10y) | 10% – 25% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Adage Capital Advisors, Llc | Member Of Adage Capital Partners Gp, L.L.C. | Oct 2001 | A | 75% or more |
| Adage Capital Partners, L.L.C. | General Partner | Jul 2001 | A | Less than 5% |
Estimated effective ownership (look-through of filed bands):
- Atchinson, Robert, George: 50% – 75% of Adage Capital Advisors, Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Gross, Phillip, Thomas: 50% – 75% of Adage Capital Advisors, Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $52.0B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Adage Capital Partners, L.P. | Hedge Fund | $52.0B | $10.0M | 300 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/25/2026 | 1.59 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: IN AUGUST 2024, THE SECURITIES AND EXCHANGE COMMISSION ALLEGED THAT ADAGE CAPITAL MANAGEMENT, L.P. ("ACM") FAILED TO MAKE ON A TIMELY BASIS CERTAIN FILINGS UNDER SECTION 13 AND SECTION 16 OF THE SECURITIES EXCHANGE ACT OF 1934, WITH RESPECT TO HOLDINGS OF ADAGE CAPITAL PARTNERS, L.P., A PRIVATE FUND MANAGED BY ACM Status: Final Sanction Detail: CIVIL MONETARY PENALTY IN THE AMOUNT OF $200,000, WHICH AMOUNT HAS BEEN PAID IN FULL BY ACM. Summary: WITHOUT ADMITTING OR DENYING THE FINDINGS, ACM CONSENTED TO THE ENTRY OF AN ORDER BY THE SEC AND PAID A CIVIL PENALTY OF $200,000.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 25, 2026.
View current Form ADV (SEC/IAPD) ↗