Adams Street Partners, LLC (Chicago)

Name: Adams Street Partners, LLC
Address: One North Wacker Drive, Suite 2700, Chicago, IL, 60606 2823
Telephone: 312-553-7890

Adams Street Partners, LLC is a large advisory firm based in Chicago. It manages $26.35 billion of regulatory assets for 225 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Illinois, Massachusetts, and New York.

Adams Street Partners provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Adams Street Partners: assets under management

The assets under management (AUM) of Adams Street Partners, LLC is $26.35 billion. The firm's AUM has grown by 473% since the beginning of its operation, and $1.77 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $26.01 billion in discretionary accounts and $340.07 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $120.42 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $37.79 million.

Adams Street Partners has custody of $25.49 billion in cash and securities for 211 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Adams Street Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Alva Bart Holaday serves?

The only and largest group of clients of Alva Bart Holaday is pooled investment vehicles with 211 clients and $25.49 billion of assets under management. Among the 11 most similar advisory firms, Adams Street Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $25.49 billion for 211 clients. 12% of the firm’s clients are foreign persons or businesses.

Adams Street Partners also advises several private funds. Namely, one hundred seventy seven private equity funds and one venture capital fund. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Adams Street Partners, LLC

The company employs 170 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Alva Bart Holaday has been acting as President since 1 Jan 2001. Miguel Gonzalo joined the executive team most recently as the Head Of Investment Strategy And Risk Management.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Adams Street Associates	Member	1 Jan 2001	75% - 100%	36-4408695
Taylor Bondurant French	Chief executive officer, president and chairman of the board	1 Jan 2001	Other	4357033
Alva Bart Holaday	Director	1 Jan 2001	Other	4357114
Elisha Perkins Gould Iii	Vice president and partner	1 Jan 2001	Other	4358032
Inc. Brinson Partners	Equity holder	1 Jan 2001	Other	36-3664388
Michael John Jacobs	Vice president, secretary and partner	1 Jan 2001	Other	2249034
Kane Mitchell Posner	Director	1 Jan 2001	Other	1695112
Kelli Louise Marks	Vice president and partner	1 Jan 2001	Other	4357424
Marc Evan Sacks	Vice president and partner	1 Jan 2001	Other	1764239
John Wells Puth	Director	1 Jan 2001	Other	4357455
Kevin Thomas Callahan	Vice president, assistant secretary and partner	1 Jan 2001	Other	2777326
William John Hupp	Chief financial officer, vice president and partner	1 Jan 2001	Other	4358457
Joan Workman Newman	Vice president and partner	1 Jan 2001	Other	4358467
Ubs Global Asset Management (Americas) Inc.	Equity holder	1 Jan 2001	Other	36-3664388
Wilbur Henry Gantz	Director	1 May 2001	Other	4404752
Wilbur H. Gantz	Director	1 May 2001	Other	4404752
Quintin Ian Kevin	Vice president, assistant treasurer and partner	1 Feb 2002	Other	4520717
Dennis Patrick Mccrary	Vice president and partner	1 May 2002	Other	4538339
John Gary Fencik	Head of business development and partner	1 Aug 2002	Other	2661951
Kevin Terhaar	Director	1 Sep 2002	Other	4598794
Brian David Singer	Director	1 Aug 2003	Other	1505723
Hanneke Smits	Vice president	1 May 2006	Other	5315996
Kai Reiner Sotorp	Director	1 Mar 2008	Other	2099440
Kevin Thomas Callahan	Chief operating officer, vice president, assistant secretary and partner	1 Aug 2008	Other	2777326
L.P. Adams Street Associates	Limited partner	1 Aug 2008	75% - 100%	36-4408695
Llc Adams Street Associates	General partner of adams street associates, l.p.	1 Aug 2008	Other	36-4395159
Hanneke (Nmi) Smits	Chief investment officer, vice president and partner	1 Aug 2008	Other	5315996
Quintin Ian Kevin	Vice president, chief financial officer, and partner	1 Jan 2009	Other	4520717
Jason S Gull	Head of secondary investments and partner	1 May 2009	Other	6555853
Timothy Richard Morgan Bryant	General counsel, chief compliance officer, vice president, secretary and partner	1 Jun 2009	Other	5684971
Jeffrey James Diermeier	Director	1 Apr 2011	Other	4347134
Kelly A Meldrum	Head of primary investments and partner	1 Jul 2014	Other	1643625
Jeffrey Thomas Diehl	Head of investments and partner	1 Oct 2014	Other	6435730
Jeffrey Thomas Diehl	Managing partner, head of investments and partner	1 Jul 2015	Other	6435730
Kevin Francis O'donnell	Global head of business development and investor relations; partner	1 Aug 2016	Other	1700947
Jeffrey Bowen Akers	Head of secondary investments and partner	1 Oct 2016	Other	2936137
John Peter Amboian	Director	1 Mar 2017	Other	2636923
James Francis Walker	Chief operating officer	1 Nov 2017	Other	1377740
Taylor Bondurant French	Chairman, chair of the board	1 Jan 2018	Other	4357033
William Bennett Sacher	Head of private credit and partner	1 Feb 2018	Other	1564919
Matthew Howard Scanlan	Director	1 Apr 2018	Other	1367905
Miguel Gonzalo	Head of investment strategy and risk management	1 Jan 2019	Other	7088144

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Zurich Switzerland Ubs Ag	Parent company	1 Apr 1995	75% - 100%	98-0186363
Llc Adams Street Associates	General partner	1 Jan 2001	Other	36-4395159
Jeffrey Thomas Diehl	Member of adams street associates, llc	1 Jan 2019	25% - 50%	6435730
Timothy Richard Morgan Bryant	Member of adams street associates, llc	1 Jan 2019	25% - 50%	5684971
Quintin Ian Kevin	Member of adams street associates, llc	1 Jan 2019	25% - 50%	4520717

Based in Chicago

The principal office where Adams Street Partners, LLC performs its advisory services is located at One North Wacker Drive, Suite 2700, Chicago, IL 60606 2823, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-553-7890 or by fax 312-553-7891. The normal business hours are 8:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at adamsstreetpartners.com.