Adams Street Partners, a private markets investment firm with $49 billion under management, has closed its Adams Street 2021 Global Fund Program.
The fund closes with an estimated $832 million in committed capital. The program provides investors exposure to a private markets portfolio with access to all of the firm’s investment strategies. The fund received support from investors across North America, Europe, Asia and the Middle East with a broad set of public and corporate pension plans, HNW individuals, foundations and endowments.
“Investors worldwide are increasingly attracted to private market investment solutions that are data-driven and have the ability to produce attractive risk-adjusted returns,” said Jeff Diehl, managing partner and head of investments at Adams Street. “We are grateful for the confidence our investors have placed in us and the Adams Street Global Fund to help meet their return objectives while seeking to successfully navigate risks.”