{
  "crd_number": 333783,
  "slug": "adams-street-advisors-llc-chicago-il-333783",
  "primary_business_name": "ADAMS STREET ADVISORS, LLC",
  "legal_name": "ADAMS STREET ADVISORS, LLC",
  "dbas": [],
  "city": "Chicago",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-02-10",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-06-24",
  "carried_forward": false,
  "raum_total": 672092504.0,
  "raum_discretionary": 672092504.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 318,
  "advisory_employees": 190,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 558237943.0,
      "count": 1
    },
    "pooled_investment_vehicles": {
      "raum": 113854561.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "IL",
    "MA",
    "NY",
    "TX"
  ],
  "websites": [
    "https://adamsstreetpartners.com",
    "https://evergreen-solutions-aspen.adamsstreetpartners.com",
    "https://linkedin.com/company/adams-street-partners"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/333783",
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/adams-street-advisors-llc-chicago-il-333783",
  "display_name": "Adams Street Advisors, LLC",
  "summary": "Adams Street Advisors, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2025, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 24, 2026.",
  "citation": "AdvisorCensus. Adams Street Advisors, LLC (CRD 333783): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Adams Street Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Adams Street Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is Adams Street Advisors, LLC located?",
      "a": "Adams Street Advisors, LLC's principal office is in Chicago, IL, according to its Form ADV; the July 2026 filing also lists 8 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Adams Street Advisors, LLC registered with the SEC or a state?",
      "a": "Adams Street Advisors, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 333783."
    },
    {
      "q": "How much does Adams Street Advisors, LLC manage?",
      "a": "Adams Street Advisors, LLC reports $672,092,504 in regulatory assets under management in its Form ADV filing dated June 24, 2026 (100% discretionary)."
    },
    {
      "q": "How have Adams Street Advisors, LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Adams Street Advisors, LLC: Total employees: 295 in October 2025 and 318 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Adams Street Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (1); pooled investment vehicles (other than investment companies and business development companies) (1)."
    },
    {
      "q": "Does Adams Street Advisors, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/333783"
    },
    {
      "q": "What changed in Adams Street Advisors, LLC's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Regulatory assets under management went from $524,153,593 to $672,092,504 (+28%)."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": 295,
      "filing_date": "2025-01-09"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 672092504.0,
      "total_employees": 318,
      "filing_date": "2026-06-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Regulatory assets under management went from $524,153,593 to $672,092,504 (+28%)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 142 to 190.",
        "Added an office in Hong Kong Island.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/adams-street-advisors-llc-chicago-il-333783.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 558237943.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 113854561.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/333783",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}
