- The latest Secondaries Investment Program is 50 percent larger than the firm’s previous fundraise, which included the close of Global Secondary Fund 6
- Adams Street manages $54 billion in assets under management
Adams Street Partners has secured more than $3.2 billion in capital commitments for its Secondaries Investment Program, which includes the Global Secondary Fund 7.
The close raises Adams Street’s total secondaries strategy assets to $8.2 billion.
The latest Secondaries Investment Program is 50 percent larger than the firm’s previous fundraise, which included the close of Global Secondary Fund 6.
“Demand for our Global Secondaries Investment Program demonstrates the trust that investors have in Adams Street’s secondaries investment strategy,” said Jeff Akers, a partner and head of secondary investments in a statement. “The aggregate fundraise exceeded our expectations and leaves the team well positioned to capitalize on our strategy in today’s evolving market.”
Adams Street manages $54 billion in assets under management. Adams Street has offices in Austin, Beijing, Boston, Chicago, London, Menlo Park, Munich, New York, Seoul, Singapore, Sydney, and Tokyo.