Adams Street Partners, a private markets investment firm with $50 billion in assets under management, has launched its Private Credit platform in Europe with the appointment of James Charalambides as Partner & Head of the European Private Credit team.
Charalambides will be responsible for leading and managing the firm’s private credit-related efforts in Europe and supporting all aspects of the decision-making process – including sourcing, structuring, reviewing, and negotiating deal opportunities in this space. Charalambides will report to Bill Sacher, Partner & Head of Private Credit at Adams Street.
Since launching its inaugural private credit platform in 2016, Adams Street’s Private Credit assets have grown to over $7.6 billion. The firm provides a full suite of debt solutions, primarily to private equity-backed middle-market borrowers.
Most recently, Adams Street announced the successful close of its second Private Credit program (PC II), which was oversubscribed with more than $3 billion of committed capital, including leverage. In addition to strong representation from existing investors, PC II saw high demand from pension plans, insurance companies, and family offices.
Before joining Adams Street, Charalambides was a Managing Director in the Specialty Lending Team at Sixth Street Partners, where he was responsible for origination, execution, portfolio monitoring, and managing deal teams. He also worked at Candlewick Asset Management, a joint venture between Sixth Street and Goldman Sachs, within Houlihan Lokey’s Corporate Finance Group, and previously served in a Business Development and Strategy role at Walgreens Boots Alliance.