Adams Street Partners, a private markets investment management firm with $37 billion of assets under management, is pleased to announce the closing of the Adams Street Global Secondary Fund 6 with approximately $1.05 billion in capital commitments. Since April 2016, Adams Street has raised over $2 billion in capital commitments intended to be invested in secondary investments, including within the Global Secondary Fund 6.
The program received strong demand from institutional investors worldwide, with commitments from both new and existing investors in the United States, Europe, and Asia. The diverse array of investors included public and corporate pension plans, insurance companies, foundations, endowments, family offices and high net worth individuals.
"We are thrilled to receive strong support from a range of institutional investors, underscoring the confidence in our distinct strategy and approach to secondary market investing,” said Jeff Akers, Partner and Head of Secondary Investments. "We will continue to leverage our network and breadth of global relationships to gain access to market deal flow, while tapping our collective expertise to choose specific deals and assets where we have conviction over the long term.”