Global Program
This strategy reflects the optimal geographic allocation for a global private equity portfolio.
Adams Street offers investors private equity portfolios which reflect our optimal geographic and subclass allocations for a global private equity portfolio. This approach uniquely provides a flexible, tailored solution for our investors. Our allocation to funds outside North America has grown steadily as the environment for private equity investing has improved in many markets around the world. Subclass allocations for specific regions reflect a combination of our top-down and bottom-up analysis. The strategy also incorporates secondary investments which Adams Street believes provide attractive risk adjusted returns and helps to mitigate the j-curve effect of a primary program. To consistently generate these returns over market cycles, we apply the lessons we have learned about portfolio construction over the last 30 years: we diversify our portfolios by time, manager, subclass and geography and we take advantage of market dislocations by making secondary and direct investments.
- Target Allocation**
- Buyouts & Growth Capital
- Venture Capital
- Other*
- US Markets**
- Buyouts & Growth Capital
- Venture Capital
- Other*
** Includes Primary and Direct Investment
- Developed Markets
- Buyouts & Growth Capital
- Venture Capital
- Other*
- Emerging Markets
- Buyouts & Growth Capital
- Venture Capital
- Other*