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Adams Street Partners closes fundraising for 1st private credit program
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Private markets investment management firm Adams Street Partners LLC closed fundraising for its first private credit program, saying it has approximately $1.1 billion of investment capacity, including leverage.
The strategy attracted commitments from public and corporate pension plans, insurance companies, foundations, family offices and high-net-worth individuals across the globe.
About $500 million has been deployed across 22 investments since the launch of the strategy in 2016.