CHICAGO, Aug. 16, 2016 /PRNewswire/ -- Adams Street Partners ("Adams Street") announced today that Kevin O'Donnell will join the firm on August 29 as a Partner and Global Head of Business Development and Investor Relations, as well as a member of the firm's Executive Committee.
Mr. O'Donnell joins Adams Street from BlackRock, where he was a Managing Director and a member of the management committee for the US and Canada Institutional Client Business. Mr. O'Donnell served in several senior management roles within BlackRock, including Head of Foundations and Endowment and Global Head of Hedge Fund Distribution. Most recently he held a senior leadership position with the US and Canada Pensions business. In these roles he was responsible for managing sizeable teams of marketing and client service executives who helped BlackRock's institutional clients meet their investment objectives.
Previously, Mr. O'Donnell was the Managing Director and Head of Business Development and Consultant Relations at Barclays Global Investors ("BGI"), prior to its acquisition by BlackRock in 2010. Mr. O'Donnell commenced his career with State Street Bank and Trust in 1988, where he was based in Boston and Toronto. Mr. O'Donnell holds a degree in Finance from La Salle University.
"We are thrilled to welcome Kevin to our partnership and to our Executive Committee," said Managing Partner Jeff Diehl. "He is a proven executive who possesses the integrity, intelligence, energy and humility necessary to thrive at Adams Street. His leadership experience from both BlackRock and BGI will be instrumental in helping us serve the private market investment needs of our current and future clients."
"I am excited to join the Adams Street partnership," said Mr. O'Donnell. "The firm has a pristine reputation, an exceptional investment track record, and a large and loyal institutional client base within the private markets. It is extremely rare to find an investment firm with a forty-four year history where no client has ever lost money. I look forward to working with the broader business development and client service teams to help current and prospective clients with their private equity and private credit investment needs."
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 $28 billion of assets across five strategies – primary and secondary fund investments, co-investments, private credit, and direct venture/growth investments. Adams Street employs 140+ professionals in Chicago, London, Menlo Park, 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.
Dukas Linden Public Relations
Work: (212) 704-7385 x6531
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SOURCE Adams Street Partners