Adams Street Partners raises $820m for 2023 global fund program

• The 2023 global fund program will focus on primaries, secondaries, co-investments, growth equity, and private credit, across North America, Europe, and Asia
• Adams Street first implemented the global fund program in 1996
• Adams Street manages $58 billion in assets under management

Adams Street Partners has closed its 2023 global fund program at $820 million.

The fund’s investors include public, corporate and Taft-Hartley pension plans, along with high-net-worth individuals, insurance companies, foundations, and endowments.

The 2023 global fund program will focus on primaries, secondaries, co-investments, growth equity, and private credit, across North America, Europe, and Asia.

“We appreciate our existing clients’ continued trust and support of the global fund program, as well as the many new clients investing with us for the first time,” said Jeff Diehl, a managing partner and head of investments at Adams Street in a statement. “Adams Street’s focus is now to build on the Global Fund’s goal of delivering strong returns, aiming to exceed our peers and public equity comparison.”

Adams Street first implemented the global fund program in 1996.

Adams Street manages $58 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.