
Marshall Wace is a London-based global alternative investment manager founded in 1997 by Paul Marshall and Ian Wace. The firm specializes in quantitative, systematic, and fundamental strategies, and has expanded into late-stage venture capital and private equity.
45% of their portfolio is in Biotech & Life Sciences. Deal activity decreased year-over-year (3 deals in the last 12 months vs 7 prior). Average disclosed round size is $128.8M (across 49 rounds with reported amounts).
Portfolio
46
Fund Size
—
Top Stage
Series C
Last 12 Mo
3
Team
Albert Wang
Analyst
Corbin Apple
Analyst
Lorenzio Enriquez
Investment Analyst
Andrew Gale
Investor
Hank Carmichael
Portfolio Manager
John (Junyang) Lu
Portfolio Manager
Robbie Bhattacharjee
Portfolio Manager
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| Series B | $65M | Jul 2026 | |
| Series A | $52M | Feb 2026 | |
| Series C | — | Jan 2026 | |
| AAviceda Therapeutics | Unknown | $207.5M | Jan 2026 |
| Series C | — | Oct 2025 | |
| Unknown | $40.1M | Jul 2025 | |
| Series C | $90M | Apr 2025 | |
| AAviceda Therapeutics | Series C | — | Jan 2025 |
| Growth | $40.1M | Jan 2025 | |
| Series C | $53M | Nov 2024 | |
| Series B | $40M | Nov 2024 | |
| Series C | $112.3M | Oct 2024 | |
| Series C | $115M | Oct 2024 | |
| Series B | $105M | Aug 2024 | |
| PPathalys Pharma | Series B | $105M | Aug 2024 |
| Series E | $267M | Jul 2024 | |
| Series C | $106.6M | May 2024 | |
| Series B | $105M | May 2024 | |
| OOnCusp Therapeutics | Series A | $100M | Jan 2024 |
| Series A | $100M | Jan 2024 | |
| Series D | $200M | Jan 2024 | |
| Series C | $152M | Jan 2024 | |
| Series C | — | Dec 2023 | |
| Seed | $18M | Sep 2023 | |
| Series C | $200M | Aug 2023 |
Top Co-Investors
Last updated: 7 October 2026