CHICAGO, United States:
Adams Street Partners, LLC, a personal markets funding administration agency with greater than $52 billion of belongings below administration, introduced right now it has efficiently accomplished fundraising for its Co-Investment Fund V, closing the oversubscribed program with greater than $1.3 billion of dedicated capital.
Adams Street’s Co-Investment Fund V (“Fund V”) program noticed excessive demand globally, exceeding authentic targets and displaying a powerful illustration from present and new buyers. The profitable shut of Fund V raises complete Co-Investment technique belongings to $4.2 billion. Fund V expects to focus on roughly 50 investments with industry-leading common companions (“GPs”) globally.
“Adams Street’s dedicated Co-Investment team and long-term partnerships with GPs help enable us to source high-conviction opportunities around the world,” mentioned David Brett, Partner & Head of Co-Investments. “This close validates our clients’ confidence in the Co-Investment program and we are excited to put this capital to work over the next few years.”
“Our diversified platform and deal pipeline is designed to give our clients exposure to high-quality co-investments across Adams Street’s private markets investment platform while also serving as a capital solutions provider to our premier GP partners,” mentioned Jeff Diehl, Managing Partner and Head of Investments. “The Adams Street platform is built upon 50 years of knowledge and GP relationships. Access to these unique insights and opportunities is intended to allow us to provide best-in-class solutions and investments for our clients.”
About Adams Street Partners
Adams Street Partners is a world personal markets funding supervisor with investments in additional than 30 international locations throughout 5 continents. The agency is 100% employee-owned and has over $52 billion in belongings below administration. Adams Street strives to generate actionable funding insights throughout market cycles by drawing on 50 years of personal markets expertise, proprietary intelligence, and trusted relationships. Adams Street has workplaces in Austin, Beijing, Boston, Chicago, London, Menlo Park, Munich, New York, Seoul, Singapore, Sydney, and Tokyo. Visit www.adamsstreetpartners.com
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