Adams Street Partners Closes European Venture Fund Above Target at Over €270 Million
Funding | 12 May 2025 | Adams Street Partners, LLC
Adams Street Partners, a distinguished private markets investment manager, has successfully completed the final close of its European Venture Fund. Hitting over €270 million in commitments, this marks a significant oversubscription beyond its target, highlighting strong investor interest in Europe's venture ecosystem. The fund will strategically target innovative companies, especially early-stage ventures in technology and healthcare, leveraging Adams Street's extensive investment prowess and relationships. This follows the firm’s previous success in its $1.2 billion Venture Innovation Fund IV. Partner Brijesh Jeevarathnam emphasized the firm’s unique access to high-growth ventures, while Ross Morrison pointed out the promising opportunities driven by digital transformation in the European venture landscape.
Sectors
- Private Equity and Venture Capital
- Technology
- Healthcare
Geography
- United Kingdom – The announcement was made in London, highlighting the UK as a significant geography.
- Europe – The fund targets European venture capital opportunities, with a focus on regional innovation.
Industry
- Private Equity and Venture Capital – Adams Street Partners operates within the private markets investment sector, focusing on venture capital investments.
- Technology – The European Venture Fund aims to invest in innovative technology companies, making this sector relevant.
- Healthcare – The fund plans to target healthcare solutions, indicating relevance to this industry.
Financials
- €270 million – Total capital commitments secured by Adams Street Partners' European Venture Fund.
- $1.2 billion – The amount secured by Adams Street Partners in its previous Venture Innovation Fund IV Program.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Adams Street Partners, LLC | PE Firm | Company | A global private markets investment manager with over $62 billion in assets under management. |
| Brijesh Jeevarathnam | Partner & Global Head of Fund Investments | Person | Senior partner involved in the fund's strategy and investment. |
| Ross Morrison | Partner, Primary Investments | Person | Partner focusing on primary investments and strategy within the European venture landscape. |