Enhancing the Overall Portfolio Returns to Our Clients
Adams Street Partners manages client private equity portfolios with the primary goal of consistently achieving superior private equity returns that meaningfully enhance the overall portfolio returns to our clients. As a result, Adams Street Partners' investment philosophy focuses on identifying and investing in top-tier private equity managers with strong track records that have the potential to generate top-quartile returns.
Our investment philosophy is summarized as follows:
- A disciplined and balanced approach. Achieving diversification across managers, geographies, sub-asset classes and time improves returns and reduces risk in the portfolio;
- Blind pool risk cannot be priced. Therefore, successful private equity investors depend upon a disciplined selection of proven private equity managers to achieve superior performance;
- A consistent manager weighting is desired, independent of the underlying fund size; and
- Bottom-up manager selection supersedes sub-asset class exposure and geographic diversification.
The private equity investment philosophy at Adams Street Partners has evolved over the last twenty years. For us, investment performance is a direct function of the economics of fundamental investment value and risk management.
Adams Street Partners makes partnership investments with the objective of selecting groups that will have excellent risk-adjusted performance. Adams Street Partners is a proactive and value-added investor and seeks to build a superior performing portfolio.
Through our secondary investment activities, Adams Street acquires limited partnership interests and direct investments in buyout, venture capital and mezzanine assets.
Adams Street Partners’ Direct Team invests in companies seeking $5-25 million in early-to later-stage venture capital or growth equity to develop and commercialize their products or to provide partial liquidity for founders of more mature companies.