Adams Street Partners Raises $1.1B for New Global Fund Program

Private markets firm Adams Street Partners has held the final closing of its Adams Street 2022 Global Fund Program, raising approximately $1.1 billion.

The Global Fund Program is a portfolio including primaries, secondaries, co-investments, growth equity, and private credit across North America, Europe, and Asia.

Investors include public and corporate pension plans, foundations, and endowments, with increased interest in the Program from registered investment advisors and high net worth individuals.

“The Adams Street Global Fund Program was originally introduced as the firm’s flagship product and has evolved into a targeted, multi-strategy product that we believe includes the investment teams’ best ideas,” said Miguel Gonzalo, Partner & Head of Investment Strategy and Risk Management at Adams Street.

With $52 billion in assets under management, the Global Fund Program was introduced in 1996, aiming to outperform public equity markets by 3%-5% through a highly diversified global portfolio.