Adams Street Partners, a private markets investment firm with more than $58bn in assets under management, has held the final closing of the Adams Street 2023 Global Fund Program with $820 million in committed capital.
The Global Fund Program is a private markets portfolio designed to provide comprehensive exposure by spanning all of Adams Street’s investment strategies, including primaries, secondaries, co-investments, growth equity, and private credit, across North America, Europe, and Asia.
The 2023 Global Fund saw strong representation from both new and returning investors. Adams Street clients include a broad set of public, corporate and Taft-Hartley pension plans, along with high-net-worth individuals, insurance companies, foundations, and endowments.
Adams Street first implemented the Global Fund Program in 1996. It aims to outperform public equity markets by 3-5% through a highly diversified global portfolio that incorporates some of the top-performing ideas across each of Adams Street’s strategies.
