Adams Street Partners (“Adams Street”) is a global private markets investment manager that has nearly $73 billion* in assets under management. The firm is 100% employee-owned, which fosters a positive and unique culture of collaboration, intellectual rigor, integrity, and a commitment to professional development. For the eighth year in a row, Adams Street was named one of Pension & Investments’ Best Places to Work in Money Management in 2025.
Employees operate as a single global team, integrating the expertise of the firm’s investment professionals across five strategies: primary investments, secondary investments, growth equity, private credit, and co-investments. Adams Street is considered a private markets pioneer and was inducted into the Private Equity Hall of Fame in 2000.
The firm was founded more than 50 years ago, and clients include leading public and corporate pension plans, foundations, endowments, insurance companies, registered investment advisors, and high net worth individuals worldwide.
Adams Street has offices in Abu Dhabi, Austin, Beijing, Boston, Chicago, Hong Kong, London, Munich, Menlo Park, New York, Seoul, Singapore, Sydney, Tokyo and Toronto.
*As of December 31, 2025. Adams Street Partners’ methodology to calculate Assets Under Management (AUM) is based on fund net asset value (NAV), plus unfunded commitments, plus leverage, but excluding the effect of subscription lines of credit. The prior AUM methodology was based on investor commitments minus commitments to fully liquidated underlying partnerships. Such change in methodology was effective July 2026; however, for periods shown prior to December 31, 2025, Adams Street continues to use the previous methodology. This updated methodology more closely aligns with (i) the amount of assets managed on behalf of investors and (ii) the amount of capital available to make direct and/or partnership investments. Amounts stated by investment advisers in regulatory filings (“regulatory AUM”) have a prescribed methodology, which may, in some circumstances, differ from the methodology such adviser uses for other purposes, including marketing efforts. Additional information is available upon request.
Key Responsibilities
- Lead and support the monthly and quarterly valuation process for private market investments, including fund investments and equity and debt instruments
- Develop and review valuation models (DCF, comparable company/transaction analysis, option pricing models, etc.)
- Assess and document key valuation assumptions, including market inputs, company performance, and macroeconomic factors
- Prepare valuation memos and materials for internal committees, auditors, and external stakeholders
- Partner with investment teams to understand portfolio company performance and key value drivers
- Interface with external auditors and manage relationships and work-streams with third-party valuation firms
- Monitor industry trends, market data, and regulatory developments impacting valuation practices
- Contribute to the enhancement of valuation policies, procedures, and governance frameworks
Qualifications
- Bachelor’s degree. MBA and/or CFA will be viewed favorably
- 5–10 years of relevant experience at a Big 4 accounting firm, valuation advisory firm, or similar organization
- Strong experience valuing private market assets (private equity, venture capital, private credit)
- Deep understanding of valuation methodologies and financial modeling techniques
- Proven experience building and owning valuation processes
- Experience supporting audit processes and working with external auditors
- Strong analytical, writing, and communication skills
- High attention to detail and ability to manage multiple priorities in a fast-paced environment
We offer a competitive U.S. benefits package designed to support health, financial security, and work-life balance. Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption. Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.
Adams Street Partners Chicago, Illinois, USA Office
1 N Wacker Dr, Suite 2700, Chicago, Illinois , United States, 60606
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