Adams Street Partners raises $1.1bn

The firm has announced the final close for its 2022 Global Fund.

Fund name: Adams Street 2022 Global Fund
Amount raised: $1.1 billion
Stage of fundraising: Final close
Final close: November 2022
Fund Predecessor: Adams Street 2021 Global Fund

Adams Street Partners has announced the final close for its 2022 Global Fund at approximately $1.1 billion.

The Adams Street 2022 Global Fund raised approximately $300 million more than its predecessor 2021 fund, meaning that it beat the initial internal target by 20 percent, according to a recent press release. Investors in the fund included pension plans, foundations and endowments.

Their Global Funds span all of Adams Street’s investment strategies, including secondaries, co-investments, growth equity and private credit with a target of outperforming public equity markets by 3-5 percent.

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