Adams Street Raises Over $5 Billion for Secondaries Investment Program
Adams Street Partners, LLC, a leading private markets investment management firm with more than $73 billion of assets under management,* announced today it has secured over $5 billion in capital commitments for its latest Secondaries Investment Program, including the successful close of Global Secondary Fund 8 at $2.7 billion.
Adams Street’s Secondaries Investment Program received strong support from new and existing institutional investors globally. The latest fundraise is around 50% larger than the firm’s previous secondaries program.
Evercore estimates total secondary deal volume grew to approximately $226 billion in 2025,1 exceeding $200 billion for the first time. Adams Street believes this backdrop supports its disciplined and targeted investment strategy which seeks to focus on the most attractive secondary opportunities globally.
“We are grateful for the strong support of our investors and the confidence they have placed in Adams Street and our secondaries platform,” said Jeff Akers, Partner & Head of Secondary Investments. “Rising transaction volumes highlight the growing role of secondaries as a liquidity and portfolio management tool for private markets participants.”
