– Adams Street Partners, LLC, a leading private markets investment firm with over $62 billion in AUM, announced the final close of its oversubscribed European Venture Fund.
– The Fund raised over €270 million in capital commitments, significantly exceeding its target.
– Strong investor demand was driven by Europe’s dynamic venture ecosystem.
– The Fund will leverage Adams Street’s global investment platform to target innovative and disruptive companies in the region.
– Strategy includes both primary commitments and direct investments in venture-backed companies.
– A significant portion of the Fund will be allocated to early-stage investments, especially in technology and healthcare.
– This marks a continuation of Adams Street’s 25-year track record of venture investing in Europe.
– The close follows the $1.2 billion raised for Adams Street’s Venture Innovation Fund IV Program last year.
– Brijesh Jeevarathnam highlighted the firm’s deep relationships with top venture managers and its differentiated access for LPs.
– Ross Morrison emphasized the role of European venture capital in global digital transformation and the strong investor confidence in disciplined strategies.
