Adams Street Partners, a private markets investment firm with over $62bn in assets under management, has held the final close of its oversubscribed European Venture Fund, securing more than €270m in capital commitments, and significantly exceeding its fundraising target.
The fund will leverage Adams Street’s global investment platform to target European companies via a disciplined strategy focused on both primary commitments and direct investments in venture-backed companies. A substantial share of the fund will be allocated to early-stage opportunities with a particular focus on those advancing technology and healthcare solutions.
This announcement follows the $1.2bn close of the firm’s oversubscribed Venture Innovation Fund IV Program last year.
