Full-Time
Legal Associate
Fund Formation & Investments Paralegal
Adams Street Partners
201-500 employees
Global private markets investment management firm
Compensation Overview
$55k - $75k/yr
Company Does Not Provide H1B Sponsorship
Chicago, IL, USA
In Person
 Legal & Compliance (2) |
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- Undergraduate degree, ideally with a business administration or law focus, is required, and a paralegal certificate from an ABA accredited program is strongly desired.
- Two to three years paralegal or legal project assistant experience in corporate/transactional law practice setting with exposure to with private equity fund structures.
- Experience assisting with multiple closings preferably in private equity fundraising and investing, mergers and acquisitions, and/or debt finance.
- Managing and organizing transactional documentation, ideally in the areas of private equity fundraising and/or investments.
- Familiarity with global AML/KYC laws and regulations.
- Exceptional attention to detail, highly organized and able to prioritize and meet competing deadlines.
- Knowledge of and experience using document management systems, electronic data rooms, legal focused and general AI systems and MS Office suite required.
- Interest in staying abreast of industry trends, product knowledge and trends in marketing and investor relations.
- Ability to work independently and on a team.
- Strong problem-solving skills with a desire to learn new and complex concepts.
- Preparing and maintaining various documents/instruments: investment approval documentation, private equity fund subscription documents, debt finance documents, closing lists, corporate charters, LLC/partnership formation documents, corporate resolutions, officer certificates, AML/KYC documentation, etc.
- Interacting with internal and external investment professionals, lawyers, bankers, accountants, investors and other professionals.
- Maintaining control of closing documentation and ensuring they conform to Adams Street’s guidelines.
- Assisting with the preparation and maintenance of private equity fund formation, fundraising and investment documentation.
- Managing post-closing assembly/distribution of closing documents and closing volumes.
- Responding to investor and fund general partner requests in connection with closings and amendments as well as supplemental information requests.
- Maintaining and improving internal records, checklists, spreadsheets, and other tracking devices.
- Participating in and assisting in the management of due diligence projects.
- Performing other ad hoc projects as assigned.
Adams Street Partners manages private markets investments for institutional clients worldwide, with over $65 billion in assets under management. It offers five core strategies: Primary Investments (buyout, venture capital, and growth funds), Secondary Investments, Co-investments, Growth Equity, and Private Credit, plus customized solutions and evergreen funds. The firm uses an integrated global platform and proprietary data from tracking over 34,100 companies and relationships with hundreds of global general partners to guide investment decisions. It is fully employee-owned, with a history dating back to 1972, and focuses on providing broad access to private markets through a mix of funds, co-investments, and direct investments.
Company Size
201-500
Company Stage
N/A
Total Funding
$12.9B
Headquarters
Chicago, Illinois
Founded
1972
Simplify's Take
What believers are saying
- Asia client base already includes 169 clients and $18.9 billion AUM.
- Third private credit platform closed at $7.5 billion, expanding recurring fee assets.
- Sixth co-investment fund closed at $2.5 billion, reflecting strong LP demand.
What critics are saying
- Korean fundraising concentration exposes inflows to allocator pullbacks and pension reallocation.
- Private credit depends on sponsor-backed middle-market borrowers vulnerable to refinancing stress.
- Co-investment growth depends on external GP deal flow and continued allocation willingness.
What makes Adams Street Partners unique
- 1972-founded Chicago firm built the first private equity fund-of-funds model.
- 100% employee-owned platform spans primary, secondary, growth equity, credit, and co-investments.
- Proprietary data tracks 34,100-plus companies across hundreds of general-partner relationships.
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People at Adams Street Partners who can refer or advise you
Benefits
Hybrid Work Options
Professional Development Budget
Company News
Adams Street Partners has closed its third private credit fund with $7.5 billion in committed capital, including leverage. The platform attracted approximately 40 per cent of commitments from investors outside the United States. The closure brings Adams Street's total private credit strategy assets to $15 billion, making it the firm's second-largest investment strategy since the programme's inception in 2016. The private credit team focuses on providing senior financing to sponsor-backed middle-market companies. Adams Street has been expanding its European presence alongside its North American operations to build a global direct lending platform. Bill Sacher, partner and head of private credit at Adams Street, attributed the successful fundraise to portfolio quality and investor confidence in the firm's ability to protect capital.
Turquoise Health (“Turquoise”), a multi-sided healthcare pricing and payment platform, today announced it has raised $40 million in Series C funding. The rou...
Turquoise Health, a healthcare pricing and payment platform, has raised $40 million in Series C funding led by Oak HC/FT, with participation from Andreessen Horowitz, Adams Street Partners and Yosemite. The San Diego-based company addresses healthcare's administrative complexity by centralising contract data and pricing information. Its platform combines Clear Rates, which synthesises pricing signals into auditable rates for payer-provider combinations, and Contracts, which uses AI to transform static documents into searchable contract portfolios. The system includes AskTQ, an AI-powered layer that reduces manual research from weeks to seconds. Turquoise Health serves over 280 customers, including 10 of the top 25 health systems and four of the five national payers. The funding will support go-to-market efforts and expand its nearly 200-person team.
Pomelo, an Argentine fintech startup, has raised $55 million in its latest funding round, bringing total capital raised to $160 million. The Series C round was led by Kaszek and Insight Partners, with participation from Adam Street Partners and TQ Ventures. Founded during the pandemic by Gastón Irigoyen, Hernán Corral and Diego Cherniak, Pomelo provides cloud-based infrastructure for card issuance and digital payments processing across Latin America. The company currently serves 150 clients, including Chile's Metro card system and BCI's Mach. Pomelo is expanding into Panama, Puerto Rico, Mexico and Brazil whilst developing agentic AI payment systems. The technology will enable AI assistants to autonomously find deals, complete transactions and manage investments on behalf of users.
Adams Street appoints Chris Cho to lead Investor Relations in Asia. Adams Street Partners Since 2017, the firm has raised $2.18 billion from 37 Korean institutional investors, building a dedicated and scaled presence in South Korea HONG KONG-BUSINESS WIRE- Adams Street Partners, LLC, a private markets investment management firm with more than $65 billion in assets under management ("Adams Street"), today announced that Chris Cho, Partner, Investor Relations, has been promoted to Head of Investor Relations (Asia). In this role, Chris will lead the firm's regional investor relations strategy and client engagement efforts across Asia-Pacific, excluding Japan. He will assume the role in February and succeed Ben Hart, Partner & Head of Investor Relations (Asia), who will be departing the firm after ten years of service. Chris will be based in the firm's Hong Kong office in the second half of 2026, partnering with clients across the region to support their long-term investment objectives. Chris joined Adams Street in 2017 and has played a central role in building the firm's institutional investor base in Korea. Chris and his team have raised $2.18 billion from 37 Korean institutional investors, reflecting sustained growth and strong partnerships in the market. Adams Street has long-standing partnerships across the whole of Asia, with 169 clients in Asia representing $18.9 billion of the firm's assets under management. The firm maintains offices in Hong Kong, Singapore, Tokyo, Seoul, Beijing, and Sydney, supporting investors locally across key markets. Kevin O'Donnell, Partner & Global Head of Investor Relations, commented: "Chris is a highly respected leader across Asia, and we have tremendous confidence in his ability to continue advancing our client-first approach in the region. His regional expertise, relationship-driven approach, and deep understanding of private markets will be instrumental as we continue to invest in our Asia platform and deliver a differentiated client experience." Chris Cho, Partner & Head of Investor Relations (Asia), added: "I am honored to take on this leadership role at an important moment for private markets in Asia. Adams Street has built a strong reputation for insight, partnership, and long-term alignment with clients. I look forward to working with our global and regional teams to continue delivering value and supporting the evolving needs of our investors." About Adams Street Partners Adams Street is a global investment firm managing a comprehensive suite of private markets investment solutions. The firm provides private equity and private credit strategies to institutional investors, growth capital to innovative companies, and evergreen funds that offer access to multiple strategies through a single, investor-friendly commitment. The firm also supports wealth advisors with private markets solutions structured to be more flexible and accessible than traditional closed-end funds. With over 50 years of experience, Adams Street leverages deep market insights, global relationships, and proprietary data as it seeks to help investors achieve long-term investment goals. The firm is 100% employee-owned, manages $65 billion in assets, and operates out of 15 offices globally. Visit www.adamsstreetpartners.com Contact details: Media Inquiries William Brocklehurst SEC Newgate HK [email protected]