Recommended Allocation for a Global Private Equity Portfolio Between the U.S. and Non-U.S. Markets
The purpose of this paper is to outline an approach to allocating a global private equity portfolio between the U.S. and Non-U.S. markets. Adams Street Partners' ("Adams Street") allocation approach is governed by an investment philosophy, which has been consistently applied over the last 20 years. This philosophy focuses on identifying and investing in the best of breed managers, while achieving portfolio diversification by geography, sub-asset class and time. In following this philosophy, Adams Street has consistently delivered superior returns within a conservatively constructed portfolio of primarily venture capital and buyout partnerships.