MPM Asset Management LLC
MPM Asset Management LLC, now operating under the name MPM BioImpact, is a Boston-based investment adviser and asset manager specializing in life sciences and biotechnology investments. The firm was founded in 1997 and manages venture capital and public equity strategies focused on the biotech and healthcare sectors. MPM serves institutional investors, academic endowments, and other sophisticated entities with a team of approximately 50 professionals, including scientists, clinicians, and investment specialists. The firm is deeply involved in company creation and growth, often leading investments in early-stage and emerging companies developing transformative therapeutics.
Investment Strategy
MPM focuses on investing in and building innovative biotechnology companies, particularly those developing breakthrough therapies in areas of high unmet medical need. The firm takes an active approach to company creation, leveraging scientific, clinical, and operational expertise to guide portfolio companies from early discovery through clinical development and potential commercialization. MPM often partners with leading academic institutions and pharma, aiming to create value through strategic guidance, operational support, and growth capital. The firm's investment philosophy emphasizes significant scientific innovation and attractive risk-adjusted returns across private and public markets within life sciences.
Top Holdings
Equity Positions (5)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
T TRDA | Entrada Therapeutics, Inc. | 67.92% | $29.4M | 4,381,062 | $17.12 | $6.72 | -$10.2M |
D DYN | Dyne Therapeutics, Inc. | 14.99% | $6.5M | 682,376 | $20.19 | $9.52 | -$641.4K |
H HOWL | Werewolf Therapeutics, Inc. | 10.84% | $4.7M | 4,309,860 | $17.34 | $1.09 | +$508.6K |
R RPTX | Repare Therapeutics, Inc. | 3.60% | $1.6M | 1,121,318 | $31.02 | $1.39 | +$453.0K |
A ADAP | Adaptimmune Therapeutics plc | 2.66% | $1.2M | 4,809,677 | $0.93 | $0.24 | +$101.7K |