Adams Street Partners (“Adams Street”) is a global private markets investment manager that has $59 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 sixth year in a row, Adams Street was named one of Pension & Investments’ Best Places to Work in Money Management in 2023.
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 Austin, Beijing, Boston, Chicago, London, Munich, Menlo Park, New York, Seoul, Singapore, Sydney and Tokyo.Key responsibilities include:
- Work with Private Credit investment team, Investment Strategy & Risk Management (ISRM), Middle Office and Finance teams to optimize performance of Adams Street’s credit portfolios (evergreen, closed ended and custom mandates)
- Build and maintain forward looking models to project cash flows from new deal pipeline, capital inflows/outflows, asset lifecycle events and financing transactions to help plan deployment strategy
- Monitor portfolios and take actions to manage cash levels, financing facilities, target leverage and key performance metrics
- Work across various internal teams to coordinate the sourcing, maintenance, and accuracy of projections used in making economic decisions
- Build and monitor portfolio risk metrics to measure against pre-established risk guidelines (e.g. leverage, cash levels) in growing and dynamic portfolios
Candidate Requirements:
- At least 10 years of investment management experience and minimum 5 years managing private credit processes and portfolios (including permanent/open ended capital structures)
- Advanced degrees with a background in quantitative finance/modeling preferred
- Strong quantitative, analytical, critical thinking and problem-solving skills with a financial engineering mindset
- Familiarity with treasury and financing function, products and providers
- Experience communicating and collaborating across multiple internal and external stakeholders
- Maintains accuracy and quality when working within tight deadlines
- Experienced user of programming languages (e.g. R), database design, and developer of analytical tools are desirable
- Ability to prioritize and independently execute assigned projects while directing and managing support staff
NYC Pay Range$185,000—$315,000 USD