9AT: ADAGE CAPITAL MANAGEMENT, L.P.

other names

ADAGE CAPITAL MANAGEMENT, L.P.
ADAGE CAPITAL SERVICES LLC (RELYING ADVISER)

Adviser Profile

As of Date	03/25/2026
ADV Location	BOSTON, MA, United States
Adviser Type - Large advisory firm
Number of Employees	62 15%
of those in investment advisory functions	42 20%
Registration	SEC, Approved, 02/17/2012

AUM^*	70,436,360,710 36%
of that, discretionary	70,436,360,710 36%
Private Fund GAV^*	70,436,360,710 17%
Avg Account Size	70,436,360,710 36%
SMA’s	No
Private Funds	1
Contact Info	617 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Fund Type	Count	GAV
Fund TypeHedge Fund	Count1	GAV$70,436,360,710

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser BNP PARIBAS ASSET MANAGEMENT USA, INC.	Hedge Fund3.8b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV3.8b	AUM48.4b	#Funds1
Adviser BLACKSTONE INFRASTRUCTURE ADVISORS L.L.C.	Hedge Fund81.2b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV81.2b	AUM80.2b	#Funds45
Adviser NEWTON INVESTMENT MANAGEMENT NORTH AMERICA	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM59.2b	#Funds-
Adviser RBC ROCHDALE, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM73.0b	#Funds1
Adviser FARALLON CAPITAL MANAGEMENT, L.L.C.	Hedge Fund64.2b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV64.2b	AUM52.1b	#Funds67
Adviser ARISTOTLE CAPITAL MANAGEMENT, LLC	Hedge Fund4.7m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV4.7m	AUM43.5b	#Funds1
Adviser GW&K INVESTMENT MANAGEMENT, LLC	Hedge Fund171.0m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV171.0m	AUM52.8b	#Funds3
Adviser UBS HEDGE FUND SOLUTIONS	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM39.2b	#Funds-
Adviser NUMERIC INVESTORS LLC	Hedge Fund17.1b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV17.1b	AUM94.4b	#Funds25
Adviser BLACKSTONE LIQUID CREDIT ADVISORS I LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund1.4b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV1.4b	AUM51.6b	#Funds5

Brochure Summary

Overview

Firm Description Adage Capital Management, L.P. (“ACM”) was formed in 2001. Bob Atchinson and Phill Gross are the managing directors and principal owners of the firm. Bob and Phill have worked together since 1985. ACM, collectively with its affiliates Adage Capital Services, LLC (the “Relying Adviser”) and Adage Capital Partners GP, L.L.C. (the “General Partner”), provides investment advisory services to its sole client, Adage Capital Partners, L.P. (“ACP”), a private investment fund. ACM does not manage any separate accounts.
Principal Owners Bob Atchinson and Phill Gross are the principal owners of ACM.
Types of Advisory Services ACM manages ACP primarily through industry-specific portfolios that are managed by analyst/portfolio manager teams or individuals. ACM’s analysts focus on adding value by stock selection based on intra-industry fundamental analysis. In addition to taking long positions, ACM uses leverage, sells securities short, and invests in derivatives, U.S.

and non-U.S. equity and equity-related securities and other financial instruments and private securities. In addition, ACM will from time to time, as it determines in its discretion, utilize analysts focusing on additional methodologies for identifying investments for ACP, including risk arbitrage and other event driven opportunities. All limited partner investors in ACP share in gains and losses in proportion to their investment in ACP. Tailored Relationships The investors (each a “limited partner”) of ACP do not have the ability to individually tailor their investment or impose unique investment restrictions.
Wrap Fee Programs ACM does not participate in wrap fee programs.
Assets Under Discretionary and Non-Discretionary Management As of December 31, 2023, ACM has net assets under discretionary management of $38,641,722,627 and no assets under non-discretionary management.
Firm Brochure –Part 2A of Form ADV6March 27, 2024

ADAGE CAPITAL MANAGEMENT, L.P.

Adviser Profile

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Brochure Summary

Overview