Adams Street Partners, LLC (ASP) is an American private equity firm headquartered in Chicago. The majority of the firm's assets are in fund of funds strategies.[3] In 2020, Preqin ranked the firm as the ninth-largest fund of funds globally with $40 billion in assets under management.[4]
Outside the U.S., the firm has offices in Europe and Asia-Pacific.
In June 2024, Adams Street Partners ranked 42nd in Private Equity International's PEI 300 ranking among the world's largest private equity firms.[5]
Background
Adams Street Partners was founded in 1972 as the growth equity division of First National Bank of Chicago, where it was known as First Chicago Investment Advisors.