Adage’s Curious 48-Hour Dive into IPOs

March 30, 2017   Stephen Taub


The heavily diversified stock picker quickly bought stakes in at least three companies that went public this month.

Adage Capital Partners GP was an aggressive investor in companies that went public earlier this month. Within 48 hours the Boston-based hedge fund firm immediately grabbed sizable stakes in at least three companies issuing shares in initial public offerings: Canada …

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