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Adams Street Partners closes latest fund at $740M

Adams Street Partners LLC received capital commitments of approximately $740 million for its Adams Street 2019 Partnership Fund Program at final close.

The fund is part of the private equity firm's global program, which focuses on primaries, secondaries, co-investments, growth equity, private credit and other investment strategies. The program was launched in 1996.

The firm recently closed on about $1.05 billion for Adams Street Partners Global Secondary Fund 6 and approximately $1.10 billion, including leverage, for its inaugural private credit program.