Adams Street Partners has closed its 2021 global fund program at about $832 million. The fund program’s backers include public and corporate pension plans, high net worth individuals, foundations, and endowments. Adams Street first launched its global fund program in 1996.
CHICAGO – December 20, 2021 – Adams Street Partners, a private markets investment firm with more than $49 billion under management, has held the final closing of the Adams Street 2021 Global Fund Program with approximately $832 million in committed capital. Adams Street’s global program provides investors exposure to a comprehensive private markets portfolio with exposure to all of Adams Street’s investment strategies, including primaries, secondaries, co-investments, growth equity, and private credit.
The global fund program saw strong worldwide demand, with commitments coming from new and existing investors in North America, Europe, the Middle East, and Asia. Backers included a broad set of public and corporate pension plans, high net worth individuals, foundations, and endowments. Adams Street’s global program was first offered in 1996 and has been consistently managed through disciplined risk management and portfolio construction techniques.
“Investors worldwide are increasingly attracted to private market investment solutions that are data-driven and have the ability to produce attractive risk-adjusted returns,” said Jeff Diehl, Managing Partner and Head of Investments at Adams Street. “We are grateful for the confidence our investors have placed in us and the Adams Street Global Fund to help meet their return objectives while seeking to successfully navigate risks.”
About Adams Street Partners
Adams Street Partners is a global private markets investment manager with investments in more than 30 countries across five continents. The firm is 100% employee-owned and has more than $49 billion in assets under management. Adams Street strives to generate actionable investment insights across market cycles by drawing on nearly 50 years of private markets experience, proprietary intelligence, and trusted relationships. Adams Street has offices in Austin, Beijing, Boston, Chicago, London, Menlo Park, Munich, New York, Seoul, Singapore, and Tokyo. Visit www.adamsstreetpartners.com