# Jennison Associates: portfolio, investments and team

> Jennison Associates is a growth equity based in United States. 17 investments on record, latest Aug 2015. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/jennison-associates (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Jennison Associates

Last cheque observed Aug 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Growth equity

Seed Series A Series B Mobile Wireless

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 17 on record

Since the last cheque **4081** days **00** hrs **00** min **00** sec

Median round **$65M** Rounds led **0 of 17** Exits **2 from the portfolio** Mostly in **United States, 94%**

Pitch Jennison Associates

## Jennison Associates highlights

- 01 17 rounds on record
- 02 Mostly Series B and Series C: 65% of its rounds
- 03 2 exits from the portfolio

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** Mobile Wireless
- **Based in:** New York, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **17 appearances**

- **2015** 10 rounds
- **Aug** **[Syndax Pharmaceuticals](https://millionrounds.com/company/syndax-pharmaceuticals)** Series C · US **$80M** With 12 others
- **Aug** **[Wave Life Sciences](https://millionrounds.com/company/wave-life-sciences)** Series B · US **$66M** With 6 others
- **Aug** **[Ovid Therapeutics](https://millionrounds.com/company/ovid-therapeutics)** Series B · US **$75M** With 7 others
- **Aug** **[Editas Medicine](https://millionrounds.com/company/editas-medicine)** Series B · US **$120M** With 14 others
- **Jul** **[GenSight Biologics](https://millionrounds.com/company/gensight-biologics)** Series B · FR **$36M** With 8 others
- **Jul** **[Afferent Pharmaceuticals](https://millionrounds.com/company/afferent-pharmaceuticals)** Series C · US **$55M** With 5 others
- **Jun** **[UNUM Therapeutics](https://millionrounds.com/company/unum-therapeutics)** Series B · US **$65M** With 11 others
- **May** **[REGENXBIO](https://millionrounds.com/company/regenxbio)** Series D · US **$71M** With 12 others
- **Apr** **[Dimension Therapeutics](https://millionrounds.com/company/dimension-therapeutics)** Series B · US **$65M** With 7 others
- **Apr** **[Natera](https://millionrounds.com/company/natera)** Series F · US **$56M** With 6 others
- **2014** 4 rounds
- **Nov** **[Nivalis Therapeutics](https://millionrounds.com/company/nivalis-therapeutics)** Series B · US **$30M** With 4 others
- **Sept** **[Flex Pharma](https://millionrounds.com/company/flex-pharma)** Venture · US **$40M** With 9 others
- **Aug** **[Bellicum Pharmaceuticals](https://millionrounds.com/company/bellicum-pharmaceuticals)** Series C · US **$94M** With 7 others
- **Apr** **[Otonomy](https://millionrounds.com/company/otonomy)** Series D · US **$49M** With 11 others
- **2013** 1 round
- **Mar** **[PTC Therapeutics](https://millionrounds.com/company/ptc-therapeutics)** Growth · US · finsmes.com **$60M** With 8 others
- **2011** 1 round
- **Apr** **[Merrimack Pharmaceuticals](https://millionrounds.com/company/merrimack-pharmaceuticals)** Growth · US · fiercebiotech.com **$77M** With 6 others
- **2006** 1 round
- **Aug** **[ChemoCentryx](https://millionrounds.com/company/chemocentryx)** Series C · US · chemocentryx.com **$18M** With 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **10 named**

DA **David Alexander Hunt** Director i Form ADV

HA **Heather Amy Kaden** Managing Director & Chief Compliance Officer i Form ADV

JV **Janice Vrdoljak** Managing Director & Chief Financial Officer i Form ADV

JT **Jeffrey Todd Becker** Chairman, Director & Chief Executive Officer i Form ADV

JM **Jurgen Muhlhauser** Director i Form ADV

KA **Kathleen Ann Mccarragher** Managing Director, Head of Growth Equity & Director i Form ADV

KM **Kenneth Moore** Executive Vice President, Treasurer, Chief Operating Officer & Director i Form ADV

MM **Mirry Melissa Hwang** Managing Director, Secretary & Chief Legal Officer i Form ADV

PM **Pamela Margaret Sinclair** Director i Form ADV

TH **Taimur Hyat** Director i Form ADV

We also hold **29** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$215B** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Jennison Associates LLC
- **SEC number:** CRD 107959

Funds on its Form ADV

**8** private funds, **$5.7B** in gross assets · filed Dec 2024

Trust company collective inv **6** Hedge **2**

- Invesco Fixed Income Trust Jennison Intermediate Fund *Trust company collective inv* 2 investors $4.4B
- Jennison Growth Equity Fund of the Prudential Trust Company Institutional Business Trust *Trust company collective inv* 6 investors $409M
- Jennison Global Opportunity Fund of the Prudential Trust Company Institutional Business Trust *Trust company collective inv* 11 investors $358M
- Jenop Global Healthcare Fund Limited *Hedge* 43 investors $252M
- Jennison Global Healthcare Master Fund, LTD. *Hedge* 29 investors $216M
- Jennison U.S. Small CAP Equity Fund of the Prudential Trust Company Institutional Business Trust *Trust company collective inv* 3 investors $50M
- Jennison Christian SRI Small/Mid CAP Core Equity Fund of the Prudential Trust Company Institutional Business Trust *Trust company collective inv* 2 investors $26M
- Jennison Small/Mid CAP Fund of the Prudential Trust Company Institutional Business Trust *Trust company collective inv* 1 investor $6.8M

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[PTC Therapeutics](https://millionrounds.com/company/ptc-therapeutics)** Listed **$125M** Jun 2013

**[Merrimack Pharmaceuticals](https://millionrounds.com/company/merrimack-pharmaceuticals)** Listed **Undisclosed** Mar 2012

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Series B

Median round joined **$65M** the round, not its cheque

Led 0 of 17 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Aug 2015
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Series B said *7*
- Series C *4*
- Growth said *2*
- Series D *2*
- Series F *1*
- Venture *1*
- Seed said *-*

Cheques by year Led Joined

2006 2015

Often in the room with

- [Fidelity Management and Research Company](https://millionrounds.com/fund/fidelity-management-and-research-company) 5
- [OrbiMed](https://millionrounds.com/fund/orbimed) 5
- [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) 5
- [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) 4
- [New Leaf Venture Partners](https://millionrounds.com/fund/new-leaf-venture-partners) 4
- [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) 4

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## Who they invest alongside

The investors most often in the same rounds as Jennison Associates. A count of rooms they were both in, not a relationship either has claimed.

[**Fidelity Management and Research Company** Growth equity **5** rounds together](https://millionrounds.com/fund/fidelity-management-and-research-company)[**OrbiMed** Private equity **5** rounds together](https://millionrounds.com/fund/orbimed)[**RA Capital Management** Private equity **5** rounds together](https://millionrounds.com/fund/ra-capital-management)[**Cormorant Asset Management** Private equity **4** rounds together](https://millionrounds.com/fund/cormorant-asset-management)[**New Leaf Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/new-leaf-venture-partners)[**Perceptive Advisors** Asset manager **4** rounds together](https://millionrounds.com/fund/perceptive-advisors)[**Redmile Group** VC firm **4** rounds together](https://millionrounds.com/fund/redmile-group)[**EcoR1 Capital** Private equity **3** rounds together](https://millionrounds.com/fund/ecor1-capital)[**F-Prime Capital** VC firm **3** rounds together](https://millionrounds.com/fund/f-prime)[**Sabby Capital** Private equity **3** rounds together](https://millionrounds.com/fund/sabby-capital)[**Brookside Capital** Hedge fund **2** rounds together](https://millionrounds.com/fund/brookside-capital)[**Credit Suisse** VC firm **2** rounds together](https://millionrounds.com/fund/credit-suisse)

## Mentioned on podcasts

Episodes that name Jennison Associates in their description, not their title.

- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 14 Nov 2022 · 47 min 20VC: ARK Invest's Cathie Wood on Why ARK Has Not Had More Outflows Despite Performance, How the Global Tech Equities Market Will Go From $7Trn to $210Trn in 8-10 Years, The Future for Facebook and How Elon Musk and Jack Dorsey Could Create the Biggest Di Mentions [Elon Musk](https://millionrounds.com/fund/elon-musk)[Jack Dorsey](https://millionrounds.com/fund/jack-dorsey)[Jennison Associates](https://millionrounds.com/fund/jennison-associates) Apple PodcastsShow page
- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 15 Mar 2021 · 1h 5m Crypto for Institutions 3: Seth Ginns – Investing Beyond Bitcoin (Capital Allocators, EP.182) With [Seth Ginns](https://millionrounds.com/person/seth-ginns) Mentions [Google](https://millionrounds.com/fund/google-assistant-investments)[Jennison Associates](https://millionrounds.com/fund/jennison-associates) Apple PodcastsShow page

## Quick answers about Jennison Associates

### What does Jennison Associates invest in?

Jennison Associates invests most often at Series B and Series C (65% of the rounds on record), in sectors such as Mobile and Wireless.

### How active is Jennison Associates?

17 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2015.

### How big are Jennison Associates's cheques?

The median round it joins is $65M.

### Does Jennison Associates lead rounds?

Rarely, if at all: none of its 17 investments on record names it as the lead.

### Where does Jennison Associates invest?

Most of the companies it backs are in the United States (94%) and France (6%).

### Is Jennison Associates investing now?

No investments in the last 12 months; the latest was in Aug 2015.

### Who does Jennison Associates invest alongside?

Most often Fidelity Management and Research Company (5 rounds together), OrbiMed (5 rounds together) and RA Capital Management (5 rounds together).

### What kind of investor is Jennison Associates?

Jennison Associates is a growth equity firm based in New York, United States.

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