Adams Street Partners, a private markets investment firm, has promoted Brijesh Jeevarathnam to partner and global head of fund investments. Jeevarathnam will also become a member of the firm’s executive committee as part of his new role. He succeeds Kelly Meldrum, who is retiring after 17 years as a partner and head of primary investments at the firm.

Since joining Adams Street, Jeevarathnam has been part of the creation and scaling of the firm’s venture innovation and leaders programs as well as being the portfolio manager on multiple separately managed accounts. Prior to Adams Street, Jeevarathnam spent 10 years at Commonfund Capital where he held a leadership role and helped manage a $14 billion global private capital portfolio.

“Over her long tenure with Adams Street, Kelly has made innumerable contributions to the firm, not the least of which was building a terrific team of seasoned partners who make material contributions to our clients’ success,” says Jeff Diehl, managing partner and head of investments at Adams Street. “I am excited for Brijesh to now take on this larger role and am confident he will build on Kelly’s success after a smooth leadership transition over the next six months.”