ASPEN Program Overview
SIMPLIFYING ACCESS TO PRIVATE EQUITY EVERGREEN SOLUTIONS
The ASPEN Program provides investors access to diversified private equity strategies, focused on secondary and co-investment opportunities, through a single solution.
Fund products
ASPEN*Benefits of a Private Equity Evergreen Structure
The ASPEN Program offers institutional-quality1 private equity exposure to a broader audience through a globally diversified2 evergreen structure. Backed by Adams Street’s3 decades of private markets experience, the ASPEN Program provides an efficient way for investors to participate in the long-term potential of private equity.
ASPEN program DETAILS
Middle Market Focus
Supported by institutional-caliber1 sourcing and ongoing monitoring, the ASPEN Program seeks long-term capital appreciation primarily through exposure to growing middle-market companies.
Multi-Manager and Multi-Strategy
Diversified exposure by investment type, sector, geography, and underlying fund manager improves portfolio risk profile.2
Benefits of Adams Street’s³ Platform
50+ Years Investing in Private Markets
The ASPEN Program provides access to Adams Street’s3 well-established private markets platform, supported by 45+ years of proprietary data and deep relationships globally. For over five decades, Adams Street3 has been recognized as a respected and experienced private markets investment manager.
100% Employee-Owned
Adams Street3 is a 100% employee-owned firm with broadly distributed ownership. This structure ensures that our employees’ personal success is directly linked to the firm’s performance, creating strong alignment with our clients’ interests.
Contact Us
US Financial Advisors and RIAs
Adams Street’s Wealth Management Team works directly with financial advisors, registered investment advisors, and wealth platforms to help their clients access private markets investment solutions.
Non-US Professional Investors & Advisors
Adams Street’s Wealth Management Team collaborates with institutional investors, family offices, fund distributors, private banks, and financial intermediaries across Europe, Asia, the Middle East, and other non-US markets to access private markets solutions.
Individual Investors
If you are an individual investor and would like to learn more about private markets investment solutions, please contact your financial advisor.
Endnotes
- The funds part of the ASPEN Program intend to provide shareholders with access to private markets investments that typically are available only to larger institutional investors.
- Diversification does not ensure profit nor protect against loss in a declining market.
- References to “Adams Street” or the “firm” refer to Adams Street Partners, LLC.
Important Disclosure Information
* ASPEN is a U.S. registered management investment company under the Investment Company Act of 1940, as amended. ASPEN Lux is a sub-fund of Adams Street SICAV SA, an investment company with variable share capital and an investment fund subject to part II of the Luxembourg law of 17 December 2010 on undertakings for collective investment (société d’investissementà capital variable—fonds d’investissementsoumisà la partieII de la loi 2010).
The “ASPEN Program” is an investment program consisting of multiple Adams Street managed funds that pursue a common investment strategy and are advised by a shared group of investment professionals. Each ASPEN Program fund uses “ASPEN” as part of its trade name. References herein to (i) “ASPEN Lux” refer solely to Adams Street SICAV SA – Adams Street Private Equity Global and (ii) “ASPEN” refer solely to Adams Street Private Equity Navigator Fund LLC; in neither case should such references be read to refer to any other fund or investment vehicle managed by Adams Street (including other funds or investment vehicles within the ASPEN Program). Each vehicle within the ASPEN Program is a distinct and independent investment fund that operates separately from, and is not legally, economically, or operationally correlated with, the other funds or investment vehicles within the ASPEN Program. The structure, performance, portfolio composition, risk profile, and investment results, among other features, of each vehicle within the ASPEN Program are entirely independent and should not be interpreted as indicative of, comparable to, or derived from, any other ASPEN Program fund. Each vehicle may have specific jurisdictions in which it may be offered; no references contained herein to a vehicle should be construed as an offer of such vehicle in jurisdictions where Adams Street has not received authorization to offer such product or where it would otherwise not be permissible to market such product to an investor. ASPEN Lux is currently the only product part of the ASPEN Program authorized for marketing in the EEA/UK.
Each fund is governed by the terms of its final offering and organizational documents, and there are numerous differences between the funds established within the ASPEN Program including, but not limited to, the funds’ inception date, the amount of assets under management, portfolio holdings, investment restrictions, investor eligibility, distribution policy, fee structure, liquidity structure, tax considerations, and currency denomination. Additionally, there may be differences in the named portfolio managers but such individuals will generally still represent the same Adams Street teams and investment strategies. Such differences can result in substantial deviations in the track record and future performance of investment funds or vehicles within the Investment Program. Accordingly, any reference to “ASPEN” or the “ASPEN Program” should not be construed as implying a shared performance history, investment exposure, or investor outcomes across vehicles within the ASPEN Program. As a result of such differences, prospective investors (i) should ensure they understand which prospective vehicle they are reviewing, including the composition of the portfolio and associated past performance (which is not necessarily indicative of future results); (ii) acknowledge and accept that an investment in one ASPEN Program fund is not an investment in any other ASPEN Program fund and provides no exposure to the portfolio or performance of such other fund; and (iii) are advised to carefully review the relevant fund’s prospectus and other offering documents, including in coordination with their financial, tax, legal or other advisors, before deciding to invest.
An investor should consider the investment objectives, risks, charges and expenses of ASPEN carefully before investing. The prospectus contains this and other information about the investment company and may be obtained by visiting ASPEN Key Facts & Documents page or by calling 844-705-0580. ASPEN’s prospectus should be read carefully before investing.
There can be no assurance that ASPEN will achieve its investment objectives, and neither the Fund nor Adams Street guarantee any level of return or risk on investments. The information provided herein is not an offer to sell fund shares and is not soliciting an offer to buy fund shares in any jurisdiction where the offer or sale is not permitted.
An investment in ASPEN involves risk, including possible loss of principal.
Foreside Fund Services, LLC is the distributor for ASPEN only.
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