CHICAGO, March 1, 2019 – Adams Street Partners, a private markets investment management firm with $36 billion of assets under management, has been named Global Newcomer of the Year by Private Debt Investor, a leading publication dedicated to reporting on the private debt and credit markets.
“We experienced a strong year of growth and deal activity in 2018 and we’re honored to be recognized for our efforts,” said Bill Sacher, Head of Private Credit at Adams Street Partners. “We’re proud to have a seasoned team, and we feel we’re well positioned to continue providing private equity sponsors with the tailored financing they need and investors with a prudent investment philosophy that can generate value during times of volatility.”
“Co-founded in 2016 by partners Bill Sacher and Shahab Rashid, the private credit arm of Adams Street Partners – itself established in 1972 – enjoyed a prolific 2018. The firm made 13 investments, deploying $268 million in all, having built its team up to nine dedicated professionals,” explained Private Debt Investor.
Adams Street Partners’ Private Credit investment strategy focuses on providing customized financing solutions, primarily to private equity-backed middle market companies, through a full array of debt alternatives.
Winners for the Private Debt Investor Annual Awards 2018 are determined through a vigorous nominee selection process, followed by votes from thousands of industry professionals including private equity sponsors, limited partners, private credit managers, lawyers, and other service providers.
Adams Street Partners is one of the largest and most established private markets investment management firms in the world. Adams Street commenced its investment program in 1972, and today manages more than $36 billion of assets across five strategies – primary and secondary private fund investments, co-investments, private credit investments, and direct growth equity investments. Adams Street employs more than 180 people in Chicago, London, Menlo Park, Munich, New York, Singapore, Beijing, Boston, Tokyo, and Seoul.
This press release contains certain statements that may include “forward-looking statements” within the meaning of the federal securities laws. All statements, other than statements of historical fact, included herein are “forward-looking statements.” The forward-looking statements are based on Adams Street Partners’ beliefs, assumptions and expectations of future performance, taking into account all information currently available to Adams Street Partners, and can change as a result of many possible events or factors, not all of which are known to Adams Street Partners or are within its control.
Ranking and award issued March, 2019. Ranking and award conducted by Private Debt Investor. Adams Street did not directly or indirectly provide compensation for inclusion in this ranking. The description and the selection methodologies of rankings and awards can be subjective and will often vary; additional information on the ranking or award methodologies is available from the sponsor. These rankings or awards may not represent investor experience with Adams Street or Adams Street’s Funds or services, nor do they constitute a recommendation of Adams Street or its services. Such ranking or award is not necessarily indicative of Adams Street’s past or future performance.