Adams Street Partners, an employee-owned private markets investment firm with more than $62 billion in assets under management, has announced the launch of the Adams Street Private Equity Navigator Fund (ASPEN), a perpetual evergreen vehicle designed to give individual investors and financial advisers access to institutional-quality private equity opportunities.
ASPEN follows the successful investment strategy of its predecessor fund, the Adams Street Global Private Markets Fund. The fund has a $402.2 million seasoned and diversified portfolio that has delivered an annualized net return of 17.9 percent since its inception in February 2021.
ASPEN’s strategy focuses on accessing high-growth middle-market companies via secondary, direct and co-investment transactions alongside well-known private equity managers. The fund provides investors with immediate access to more than 1,000 underlying companies across more than 100 leading private equity firms. The fund features m
