CHICAGO, United States:
Adams Street Partners, LLC, a personal markets funding agency with greater than $50 billion of belongings beneath administration, introduced at this time that Brijesh Jeevarathnam will probably be promoted to Partner & Global Head of Fund Investments. Jeevarathnam, who joined Adams Street as a Partner in Primary Investments in 2016, may also change into a member of the agency’s Executive Committee as half of his new position.
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Brijesh Jeevarathnam has been promoted to Partner & Global Head of Fund Investments of Adams Street Partners. (Photo: Business Wire)
Jeevarathnam succeeds Kelly Meldrum, who’s retiring after 17 years as a Partner & Head of Primary Investments at the agency. Meldrum will transition her duties at year-end and can make herself obtainable by the top of Q1 2023.
“Over her long tenure with Adams Street, Kelly has made innumerable contributions to the firm, not the least of which was building a terrific team of seasoned partners who make material contributions to our clients’ success,” mentioned Jeff Diehl, Managing Partner & Head of Investments at Adams Street. “I am excited for Brijesh to now take on this larger role and am confident he will build on Kelly’s success after a smooth leadership transition over the next six months.”
Since becoming a member of Adams Street, Jeevarathnam has been instrumental within the creation and scaling of the agency’s Venture Innovation and Leaders packages as nicely as being the portfolio supervisor on a number of individually managed accounts. Prior to Adams Street, Jeevarathnam spent 10 years at Commonfund Capital the place he held a management position and helped handle a $14 billion world personal capital portfolio.
Also as half of the management transition, Saguna Malhotra, at present a Partner in Primary Investments, will probably be promoted to the position of Partner & Head of Global Buyout Fund Investments. Malhotra will give attention to world calibration and technique for Adams Street’s buyout fund portfolios globally. Malhotra joined the agency in 2015 from Stanford Management Company, the place she oversaw a $6 billion world personal fairness portfolio.
“The entire Adams Street team will miss Kelly both personally and professionally and we wish her all the best in her next chapter,” mentioned Diehl. “For both Brijesh and Saguna, they have earned their well-deserved expanded roles and I look forward to their contributions moving forward.”
About Adams Street Partners
Adams Street Partners is a world personal markets funding supervisor with investments in additional than thirty international locations throughout 5 continents. The agency is 100% employee-owned and has $50 billion in belongings beneath 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, and Tokyo. Visit www.adamsstreetpartners.com.
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