CHICAGO, June 1, 2017 /PRNewswire/ -- Adams Street Partners ("Adams Street"), a leading private markets investments firm with $30 billion in assets under management, has established a new Munich office led by veteran industry professional Martin vom Hagen. Mr. vom Hagen joins the firm as a Partner and will focus on the development of institutional client and consultant relationships within Germany, Austria, and Switzerland as the firm expands its efforts in the region.
"Adams Street Partners is excited to announce our new Munich office," said Jeff Diehl, Managing Partner at Adams Street. "Being 'on the ground' in Munich enables us to provide our clients with a geographically relevant perspective on private markets. We have been present in the region for a number of years, and are confident in Martin's ability to lead our efforts and provide the high-quality service our clients have come to expect."
Mr. vom Hagen joins from AllianceBernstein, where he most recently led and managed the firm's relationships with institutional investors, financial intermediaries, funds of funds, banks, and family offices in Germany, Luxembourg, and Austria. Before joining AllianceBernstein, Mr. vom Hagen held positions at AXA Investment Managers and Commerzbank. He received a degree from the Frankfurt School of Management.
"As we continue to expand our global offerings, Adams Street is determined to keep a clear focus on our client service capabilities," added Kevin O'Donnell, Partner and Global Head of Business Development & Investor Relations at Adams Street. "Martin, with his long history of providing outstanding investment management services to clients across the DACH region, will not only make a great addition to our team, but will also make significant, immediate contributions for Adams Street's investors in both the US and Europe."
Adams Street Partners has had a presence in the DACH region for many years, having managed private market programs and customized solutions for leading institutional investors in Germany and Switzerland since 1998. The opening of the Munich location – the firm's ninth global office – underscores the long-term commitment Adams Street is making to the region.
About Adams Street Partners
Adams Street Partners is one of the largest and most established private markets investment firms in the world. Adams Street commenced its investment program in 1972, and manages $30 billion of assets across five strategies – primary and secondary private equity fund investments, co-investments, private credit investments, and direct venture/growth investments. Adams Street employs 150+ professionals in Chicago, London, Menlo Park, Munich, New York, Singapore, Beijing, Boston, and Tokyo.
This press release is for informational purposes only and should not be construed as investment advice or an offer, or solicitation of an offer, to buy or sell securities either generally or in any jurisdiction where the offer or sale is not permitted. This press release contains certain statements that may include "forward-looking statements" within the meaning of the federal securities laws. All statements, other than statements of historical fact, included herein are "forward-looking statements." The forward-looking statements are based on Adams Street Partners' beliefs, assumptions and expectations of future performance, taking into account all information currently available to Adams Street Partners, and can change as a result of many possible events or factors, not all of which are known to Adams Street Partners or are within its control.
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SOURCE Adams Street Partners