Adams Street 2018 Global Fund raises $824 mln

Adams Street Partners said Dec. 18 that its 2018 global fund closed on $824 million in capital commitments. The target of the fund was $800 million.


Adams Street Partners Raises $824 Million for 2018 Global Fund

CHICAGO, December 18, 2018 – Adams Street Partners, a private markets investment management firm with more than $35 billion of assets under management, is pleased to announce the closing of the Adams Street 2018 Global Fund with $824 million in capital commitments, exceeding its target of $800 million.

The fund received strong demand from investors worldwide, with commitments from both new and existing investors in the United States, Europe, and Asia. The diverse array of investors included public and corporate pension plans, high net worth individuals, foundations, and endowments.

Adams Street has offered its global program since 1996, providing clients access to a comprehensive private markets portfolio with multiple investment strategies, including primaries, secondaries, co-investment, and growth equity. The program will be managed through disciplined top-down portfolio construction and risk management techniques in an effort to optimize return per unit of risk.

“Our team continues to incorporate our latest qualitative and quantitative research into the construction of our global program portfolios to ensure that our approach remains at the forefront of an evolving market,” said Miguel Gonzalo, Partner and Head of Investment Strategy and Risk Management.

About Adams Street Partners

Adams Street Partners is one of the largest and most established private markets investment management firms in the world. Adams Street commenced its investment program in 1972, and today manages more than $35 billion of assets across five strategies – primary and secondary private fund investments, co-investments, private credit investments, and direct growth equity investments. Adams Street employs more than 180 people in Chicago, London, Menlo Park, Munich, New York, Singapore, Beijing, Boston, Tokyo, and Seoul.