Direct Investments
Since 1972, Adams Street Partners has made over 240 direct investments, including venture capital and growth equity deals in addition to buyout co-investments. The long-term success of our direct investment business is a result of our strategy, disciplined approach, and high-caliber team.
- Our strategy is to leverage Adams Street's relationships with venture, growth equity and buyout general partners around the globe to generate differentiated deal flow. Our general partners are often looking for reliable investors to either lead subsequent financing rounds for their portfolio companies or to join them in a new deal.
- We take a disciplined and steady approach to the business, providing investors with the appropriate time, portfolio and subclass diversification while being on the lookout for temporary market dislocations that may create favorable risk/reward dynamics.
- Finally, our Direct Investment partners have over 100 combined years of private equity investing experience. Our Venture Capital and Growth Equity partners concentrate their time and energy in specific sub-sectors and industries where they have deep knowledge and relationships and can add value to companies in which we invest.
On the venture and growth equity side, the Direct team seeks to take minority stakes in US based companies that have breakout potential and are operated by seasoned executives with deep industry perspective and knowledge of their sector. Target companies have typically received prior institutional financing and are seeking additional capital to fund continued commercialization. Our team seeks to lead and price these financings and take an active role on the Boards of Directors to assist with expansion strategies.
Our buyout co-investment strategy involves investing globally alongside top-tier general partners, many of which are well known by Adams Street through a fund investment, to create a portfolio diversified across a number of factors including industry and company size. In most instances, the lead general partner will be a majority investor actively involved in managing the company.
Adams Street Partners Three-Pronged Approach to Generating High-Quality Deal Flow
| 50% of Deals | 30% of Deals | 20% of Deals |
|---|---|---|
|
Venture capital and growth equity transactions from early-stage general partner portfolios |
Venture capital and growth equity transactions from industry analysis and personal relationships |
Buyout and growth equity co-investing with ASP’s general partners |