Predict your next investment

Mutual Fund
troweprice.com

See what CB Insights has to offer

Investments

341

Portfolio Exits

134

Funds

3

Partners & Customers

10

About T. Rowe Price

T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on-now, and over the long term. Headquartered in Baltimore, Maryland, T. Rowe Price provides an array of mutual funds, sub-advisory services, separate account management, recordkeeping, and related services for individuals, advisors, institutions, and retirement plan sponsors.

T. Rowe Price Headquarter Location

100 East Pratt Street

Baltimore, Maryland, 21202,

United States

410-345-2000

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing T. Rowe Price

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find T. Rowe Price in 3 Expert Collections, including Direct-To-Consumer Brands (Non-Food).

D

Direct-To-Consumer Brands (Non-Food)

37 items

Startups selling their own branded products directly to consumers via online/mobile channels, rather than relying on department stores or big online marketplaces.

U

Unicorns- Billion Dollar Startups

113 items

S

Synthetic Biology

382 items

Latest T. Rowe Price News

Bondholders launch group for debt revamp talks with Sri Lanka

Jun 22, 2022

LONDON: More than 30 asset managers holding Sri Lanka’s international bonds announced yesterday the formal launch of a creditor group to start debt restructuring talks with the island nation, according to a statement from legal adviser White & Case LLC.Amundi Asset Management, BlackRock, HBK Capital Management, Morgan Stanley Investment Management and T. Rowe Price Associates Inc are among members of the group’s steering committee, which has Rothschild & Co as financial adviser.“The group is broadly representative of Sri Lanka’s bondholder base, both by type of institution and by geography, and holds bonds across each outstanding series,” the statement added, though it did not specify the percentage of bonds it holds on the outstanding US$12.6 billion (RM55. billion) overseas sovereign debt.Sri Lanka has hired heavyweight financial and legal advisers Lazard and Clifford Chance as it prepares for the difficult task of renegotiating its complex web of creditors, including bilateral lending from Japan, India and China.The creditor group said it was ready to engage in talks with both Sri Lanka’s authorities and other creditors, adding that the country should “implement a package of meaningful reforms and fiscal adjustments”.Economic mismanagement and the Covid-19 pandemic hit have left the country of 22 million people battling its worst financial problems since its independence in 1948, and a lack of foreign exchange reserves has stalled imports of essentials including fuel, food and medicines.Late yesterday, a privately held bondholder sued Sri Lanka in the US District Court in Manhattan over the country’s alleged default on a US$1 billion sovereign bond maturing next month.Hamilton Reserve Bank Ltd demanded immediate payment of US$257.5 million of principal plus interest, saying Sri Lanka had stopped servicing its sovereign debt and missed payments on two other bonds, causing a cross-default.An International Monetary Fund staff mission arrived in Sri Lanka early this week to continue talks on a bailout programme. – Reuters

T. Rowe Price Investments

341 Investments

T. Rowe Price has made 341 investments. Their latest investment was in Convoy as part of their Series E on April 4, 2022.

CBI Logo

T. Rowe Price Investments Activity

investments chart

T. Rowe Price Portfolio Exits

134 Portfolio Exits

T. Rowe Price has 134 portfolio exits. Their latest portfolio exit was Affinivax on May 31, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/31/2022

Acquired

$99M

6

3/20/2022

Corporate Majority

$99M

11

12/22/2021

Acquired

$99M

19

12/9/2021

IPO

Subscribe to see more

$99M

Subscribe to see more

10

11/18/2021

IPO

Subscribe to see more

Subscribe to see more

10

Date

5/31/2022

3/20/2022

12/22/2021

12/9/2021

11/18/2021

Exit

Acquired

Corporate Majority

Acquired

IPO

IPO

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

6

11

19

10

10

T. Rowe Price Acquisitions

2 Acquisitions

T. Rowe Price acquired 2 companies. Their latest acquisition was Oak Hill Advisors on October 28, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/28/2021

Private Equity

$99M

Acquired

23

11/24/2020

Growth Equity

Subscribe to see more

$99M

Subscribe to see more

10

Date

10/28/2021

11/24/2020

Investment Stage

Private Equity

Growth Equity

Companies

Subscribe to see more

Valuation

$99M

$99M

Total Funding

Note

Acquired

Subscribe to see more

Sources

23

10

T. Rowe Price Fund History

3 Fund Histories

T. Rowe Price has 3 funds, including T. Rowe Price Term Asset-Backed Opportunity Fund II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

7/8/2020

T. Rowe Price Term Asset-Backed Opportunity Fund II

$125M

1

5/28/2014

Asia Opportunities Fund

10

11/12/2013

Global Industrials Fund

10

Closing Date

7/8/2020

5/28/2014

11/12/2013

Fund

T. Rowe Price Term Asset-Backed Opportunity Fund II

Asia Opportunities Fund

Global Industrials Fund

Fund Type

Status

Amount

$125M

Sources

1

10

10

T. Rowe Price Partners & Customers

10 Partners and customers

T. Rowe Price has 10 strategic partners and customers. T. Rowe Price recently partnered with Baltimore Corps on May 5, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

5/10/2022

Partner

United States

T. Rowe Price and Baltimore Corps Partner To Launch Moonshot. New Program Supports the Growth of Baltimore-Based, Diverse-Owned Social Good Businesses, Innovators, and Entrepreneurs of Color. T. ROWE PRICE AND BALTIMORE CORPS PARTNER TO LAUNCH MOONSHOT: NEW PROGRAM SUPPORTS THE GROWTH OF BALTIMORE-BASED, DIVERSE-OWNED SOCIAL GOOD BUSINESSES, INNOVATORS, AND ENTREPRENEURS OF COLOR.

During a recent networking event to introduce Moonshot , Baltimore native and serial entrepreneur Mac Conwell , founder and managing partner of RareBreed Ventures , a pre-seed fund that invests in exceptional founders outside of large tech ecosystems , served as the featured speaker , and T. Rowe Price celebrated four additional Baltimore-based startups and entrepreneurs for their work .

1

4/19/2022

Partner

United States

T. Rowe Price Creates Access to Financial Education for More Than 8,000 Morgan State University Students, Faculty

`` The Barron 's in Education initiative is part of our continued relationship with Morgan State University , '' said Raymone Jackson , T. Rowe Price 's global head of Diversity , Equity , and Inclusion .

1

4/12/2022

Vendor

United States

10:00 EDT Clearwater Analytics Selected by T. Rowe Price to Drive Enhanced Client Experience for Insurance Clients

BOISE , Idaho , April 12 , 2022 / PRNewswire / -- Clearwater Analytics , a leading provider of SaaS-based investment accounting , reporting , and analytics solutions , announced today that its reporting and accounting solution has been selected by T. Rowe Price to support the global investment management firm 's insurance clients .

1

12/17/2021

Partner

United States

Subscribe to see more

Subscribe to see more

10

12/15/2021

Vendor

United States

Subscribe to see more

Subscribe to see more

10

Date

5/10/2022

4/19/2022

4/12/2022

12/17/2021

12/15/2021

Type

Partner

Partner

Vendor

Partner

Vendor

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

T. Rowe Price and Baltimore Corps Partner To Launch Moonshot. New Program Supports the Growth of Baltimore-Based, Diverse-Owned Social Good Businesses, Innovators, and Entrepreneurs of Color. T. ROWE PRICE AND BALTIMORE CORPS PARTNER TO LAUNCH MOONSHOT: NEW PROGRAM SUPPORTS THE GROWTH OF BALTIMORE-BASED, DIVERSE-OWNED SOCIAL GOOD BUSINESSES, INNOVATORS, AND ENTREPRENEURS OF COLOR.

During a recent networking event to introduce Moonshot , Baltimore native and serial entrepreneur Mac Conwell , founder and managing partner of RareBreed Ventures , a pre-seed fund that invests in exceptional founders outside of large tech ecosystems , served as the featured speaker , and T. Rowe Price celebrated four additional Baltimore-based startups and entrepreneurs for their work .

T. Rowe Price Creates Access to Financial Education for More Than 8,000 Morgan State University Students, Faculty

`` The Barron 's in Education initiative is part of our continued relationship with Morgan State University , '' said Raymone Jackson , T. Rowe Price 's global head of Diversity , Equity , and Inclusion .

10:00 EDT Clearwater Analytics Selected by T. Rowe Price to Drive Enhanced Client Experience for Insurance Clients

BOISE , Idaho , April 12 , 2022 / PRNewswire / -- Clearwater Analytics , a leading provider of SaaS-based investment accounting , reporting , and analytics solutions , announced today that its reporting and accounting solution has been selected by T. Rowe Price to support the global investment management firm 's insurance clients .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

1

1

10

10

T. Rowe Price Team

5 Team Members

T. Rowe Price has 5 team members, including former Chief Executive Officer, President, Todd Ruppert.

Name

Work History

Title

Status

Michael Albrechtslund

Founder

Current

Todd Ruppert

Chief Executive Officer, President

Former

Celine Dufetel

Chief Financial Officer, Chief Operating Officer

Former

S. James Mazarakis

WSFS Financial Corporation, Capital One, J.P. Morgan & Co., and Goldman Sachs

Chief Information Officer

Former

John A. Downer

Oak Investment Partners, Cornerstone Equity Investors, and Harvard Management Company

Managing Director

Former

Name

Michael Albrechtslund

Todd Ruppert

Celine Dufetel

S. James Mazarakis

John A. Downer

Work History

WSFS Financial Corporation, Capital One, J.P. Morgan & Co., and Goldman Sachs

Oak Investment Partners, Cornerstone Equity Investors, and Harvard Management Company

Title

Founder

Chief Executive Officer, President

Chief Financial Officer, Chief Operating Officer

Chief Information Officer

Managing Director

Status

Current

Former

Former

Former

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.