VR Adviser, LLC
VR Adviser, LLC is an investment advisory firm based in New York, NY, and is affiliated with Venrock, a well-known venture capital and investment management platform. The firm was founded in 2014 and primarily serves pooled investment vehicles, focusing on long-term investment opportunities in small capitalization public companies. As of 2025, the firm manages several investment funds and employs 11 people, with all employees serving as investment professionals.
Investment Strategy
VR Adviser, LLC acts as an adviser to pooled investment vehicles with a core strategy of identifying long-term investment opportunities in small capitalization public companies, typically within the healthcare and life sciences sectors. The firm takes a research-driven approach, leveraging deep industry expertise to invest primarily in innovative and high-growth companies, often with a focus on the therapeutic development and biotechnology markets.
Top Holdings
Equity Positions (31)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A APGE | APOGEE THERAPEUTICS INC | 27.64% | $368.9M | 8,493,321 | $21.30 | $43.43 | +$51.6M |
O OCUL | OCULAR THERAPEUTIX INC | 8.88% | $118.4M | 12,762,462 | $6.11 | $9.28 | +$24.9M |
M MTSR | METSERA INC | 8.00% | $106.7M | 3,750,662 | $27.22 | $28.45 | +$4.6M |
E ELVN | ENLIVEN THERAPEUTICS INC | 6.05% | $80.8M | 4,026,331 | $19.61 | $20.06 | +$1.5M |
K KALV | KALVISTA PHARMACEUTICALS INC | 5.70% | $76.1M | 6,728,985 | $9.55 | $11.31 | -$1.3M |