Private Equity Program Celebrates 30 Years

Adams Street Partners, LLC, a leading private markets investment firm with over $60 billion in assets under management, has held the final closing of the Adams Street 2024 Global Fund Program with $1.1 billion in committed capital. The Global Fund Program is designed to provide access to some of the world’s best small- to mid-growth private companies through a targeted, global private equity portfolio. It provides exposure to all of Adams Street’s investment strategies, including primaries, secondaries, co-investments, growth equity and private credit, across North America, Europe, and Asia.

The Global Fund Program will celebrate its 30th anniversary in 2025.

The notable 34% increase in committed capital from the 2023 Global Fund Program illustrates strong appetite among investors for small- to mid-market private equity exposure that targets sectors going through growth, dislocation and change. Both new and existing investors were represented in the global set of public, corporate and Taft-Hartley pension plans, along with high net worth individuals, insurance companies, foundations, and endowments.

“The Global Fund Program has thrived through various market cycles, and we are optimistic about the opportunities ahead in private markets. We value the trust and confidence from our clients and will work to exceed their expectations,” said Jeffrey Diehl, Managing Partner & Head of Investments at Adams Street.

“With demand for exposure to private markets growing, we believe that the Global Fund Program continues to appeal to a broad and diverse investor base,” said Miguel Gonzalo, Partner & Global Head of Investment Strategy and Risk Management at Adams Street. “Portfolio construction of the Global Fund Program is designed to provide additional diversification beyond that of a single fund investment while still delivering attractive upside potential.”

Adams Street first implemented the Global Fund Program in 1996 as a conduit for private equity investors seeking deployment flexibility. The Global Fund Program aims to outperform public equity markets by 3-5% through a targeted global portfolio that incorporates some of the top-performing ideas across each of Adams Street’s strategies.

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 $60 billion in assets under management across primary, secondary, growth equity, credit, and co-investment strategies. Adams Street strives to generate actionable investment insights across market cycles by drawing on over 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, Sydney, and Tokyo. Visit www.adamsstreetpartners.com

This information is not investment advice or an offer or sale of any security or investment product or investment advice. Offerings are made only pursuant to a private offering memorandum containing important information. Statements are made as of the date of this release, and there is no implication that the information contained herein is correct as of any time subsequent to such date. References herein to specific sectors, strategies, or investments are not to be considered a recommendation or solicitation for any such sector, strategy, or investment. Past performance is not a guarantee of future results. Projections or forward-looking statements contained in the Paper are only estimates and there can be no assurance that the results set forth in the projections or the events predicted will be attained, and actual results may be significantly different from the projections. Also, general economic factors, which are not predictable, can have a material impact on the reliability of projections or forward-looking statements. Adams Street Partners, LLC is a US investment adviser governed by applicable US laws, which differ from laws in other jurisdictions.

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