Adams Street Raises $2.5B for Sixth Co-Investment Fund
Adams Street Partners has closed its sixth co-investment fund with $2.5 billion in global commitments, underscoring continued investor demand for direct exposure to private equity opportunities with enhanced transparency and cost efficiency.
Adams Street Co-Investment Fund VI will deploy capital alongside general partners across sectors, geographies and market cycles, leveraging the firm’s global sourcing network and long-standing sponsor relationships. The strategy builds on an established co-investment program that now totals $7.2 billion.
The fund is expected to construct a diversified portfolio spanning healthcare, information technology, business services, industrials, financial services and consumer sectors, positioning it to navigate varying market conditions.
“Investors are continuing to prioritize strategies that have the potential to offer greater visibility, alignment, and cost efficiency,” said Dave Brett, partner and head of co-investments at Adams Street Partners. “Our global platform and longstanding GP relationships have historically enabled us to source and execute opportunities alongside many leading sponsors, while constructing diversified portfolios designed to perform across market environments.”
Recent findings from the firm’s Global Investor Survey highlight sustained momentum for co-investments, with allocators citing the ability to enhance returns, reduce fee drag and gain access to high conviction deals as key drivers.
“We believe co-investments remain a compelling solution in today’s market, where access and selectivity are critical,” said Jeffrey Diehl, Managing Partner and Head of Investments at Adams Street Partners.
