Investments
383Portfolio Exits
118Funds
108Partners & Customers
3Service Providers
2About Adams Street Partners
Adams Street Partners is a private equity investment management firm. It offers solutions and strategies such as co-investments, growth equity, primary investments, private credit, and secondary investments for its investors. The company was founded in 1972 and is based in Chicago, Illinois.
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Latest Adams Street Partners News
Jun 1, 2023
Adams Street raises over $3.2bn for secondary investment programme Submitted 01/06/2023 - 11:40am Adams Street Partners, LLC, a private markets investment management firm with more than $54 billion of assets under management globally, has secured more than $3.2 billion in capital commitments for its Secondaries Investment Program, including the successful close of Global Secondary Fund 7. The latest Secondaries Investment Program is 50% larger than the firm’s previous fundraise, which included the close of Global Secondary Fund 6. Adams Street’s Global Secondary Fund 6 has consistently outperformed its peers, ranking in the top quartile since closing in 2019. Adams Street’s Secondaries Investment Program enjoyed strong demand from new and existing institutional investors globally. The successful close raises total secondaries strategy assets at Adams Street to $8.2 billion. Like this article? Sign up to our free newsletter Author Profile Related Topics Allocator Funds Intelligence
Adams Street Partners Investments
383 Investments
Adams Street Partners has made 383 investments. Their latest investment was in Altruist as part of their Series D on April 4, 2023.
Adams Street Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
4/12/2023 | Series D | Altruist | $112M | Yes | Adams Street Partners, Bill McNabb, Insight Partners, Marty Bicknell, Ron Carson, and Undisclosed Investors | 6 |
12/15/2022 | Series C - II | BillionToOne | $48.5M | No | 2 | |
11/15/2022 | Series E | DispatchHealth | $259M | Yes | 9 | |
8/2/2022 | Line of Credit | |||||
6/27/2022 | Series D - II |
Date | 4/12/2023 | 12/15/2022 | 11/15/2022 | 8/2/2022 | 6/27/2022 |
|---|---|---|---|---|---|
Round | Series D | Series C - II | Series E | Line of Credit | Series D - II |
Company | Altruist | BillionToOne | DispatchHealth | ||
Amount | $112M | $48.5M | $259M | ||
New? | Yes | No | Yes | ||
Co-Investors | Adams Street Partners, Bill McNabb, Insight Partners, Marty Bicknell, Ron Carson, and Undisclosed Investors | ||||
Sources | 6 | 2 | 9 |
Adams Street Partners Portfolio Exits
118 Portfolio Exits
Adams Street Partners has 118 portfolio exits. Their latest portfolio exit was Mineralys Therapeutics on February 10, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
2/10/2023 | IPO | Public | 5 | ||
1/23/2023 | Acquired | 7 | |||
10/3/2022 | Merger | 1 | |||
Date | 2/10/2023 | 1/23/2023 | 10/3/2022 | ||
|---|---|---|---|---|---|
Exit | IPO | Acquired | Merger | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 5 | 7 | 1 |
Adams Street Partners Acquisitions
2 Acquisitions
Adams Street Partners acquired 2 companies. Their latest acquisition was Remesas Quisqueyana on April 07, 2008.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
4/7/2008 | Acquired | |||||
3/1/1992 | Growth Equity |
Date | 4/7/2008 | 3/1/1992 |
|---|---|---|
Investment Stage | Growth Equity | |
Companies | ||
Valuation | ||
Total Funding | ||
Note | Acquired | |
Sources |
Adams Street Partners Fund History
108 Fund Histories
Adams Street Partners has 108 funds, including Adams Street Global Secondary Fund 7.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
6/1/2023 | Adams Street Global Secondary Fund 7 | $3,200M | 3 | ||
12/2/2022 | Adams Street 2022 Global Fund | $1,100M | 1 | ||
11/7/2022 | ASP Co-Investment Fund V | $1,300M | 2 | ||
4/14/2022 | Adams Street Partners PC II | ||||
12/20/2021 | Adams Street 2021 Global Fund |
Closing Date | 6/1/2023 | 12/2/2022 | 11/7/2022 | 4/14/2022 | 12/20/2021 |
|---|---|---|---|---|---|
Fund | Adams Street Global Secondary Fund 7 | Adams Street 2022 Global Fund | ASP Co-Investment Fund V | Adams Street Partners PC II | Adams Street 2021 Global Fund |
Fund Type | |||||
Status | |||||
Amount | $3,200M | $1,100M | $1,300M | ||
Sources | 3 | 1 | 2 |
Adams Street Partners Partners & Customers
3 Partners and customers
Adams Street Partners has 3 strategic partners and customers. Adams Street Partners recently partnered with American Equity Investment Life Holding Company on February 2, 2021.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
2/17/2021 | Partner | United States | WEST DES MOINES , Iowa & CHICAGO -- -- American Equity Investment Life Holding Company , a leading issuer of general account annuities , and Adams Street Partners , a global leader in private markets investments , announced they have reached an agreement to form a joint venture for co-developing insurer capital-efficient products in middle market credit , with American Equity Investment Life Holding Company initially committing up to $ 2 billion to the investment strategy . | 3 | |
11/15/2016 | Client | ||||
1/13/2006 | Partner |
Date | 2/17/2021 | 11/15/2016 | 1/13/2006 |
|---|---|---|---|
Type | Partner | Client | Partner |
Business Partner | |||
Country | United States | ||
News Snippet | WEST DES MOINES , Iowa & CHICAGO -- -- American Equity Investment Life Holding Company , a leading issuer of general account annuities , and Adams Street Partners , a global leader in private markets investments , announced they have reached an agreement to form a joint venture for co-developing insurer capital-efficient products in middle market credit , with American Equity Investment Life Holding Company initially committing up to $ 2 billion to the investment strategy . | ||
Sources | 3 |
Adams Street Partners Team
10 Team Members
Adams Street Partners has 10 team members, including current Chief Executive Officer, T. Bondurant French.
Name | Work History | Title | Status |
|---|---|---|---|
T. Bondurant French | Chief Executive Officer | Current | |
Name | T. Bondurant French | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer | ||||
Status | Current |
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