Adams Street Names Kessel To Co-Investments Team

Oct 24 2017 | 6:41pm ET

Private markets manager Adams Street Partners has named former Baird Capital executive Alex Kessel as a principal on the company’s co-investment team. 

In his new role, Kessel will be actively involved in the sourcing, screening, execution, monitoring and exiting of growth and later-stage co-investments, the company said in a statement. He will report to David Brett, partner and head of co-investment at Adams Street Partners. 

Before joining Adams Street, Kessel was a principal at Baird Capital, the direct private investment arm of Robert W. Baird & Co., where he co-led the healthcare sector strategy and also had experience in the technology and services, and industrial sectors. Beforehand, he was a senior associate at middle-market private equity firm Willis Stein & Partners, focusing on leveraged buyouts across the healthcare, consumer, technology & services, education and industrial sectors, and was also previously with Bear, Stearns & Co. 

Adams Street has been making co-investments in buyout and growth equity opportunities since 1989. The co-investment team has dedicated investment professionals based in Chicago and London.

Headquartered in Chicago, Adams Street Partners commenced its investment program in 1972, and is credited with establishing the first private equity fund of funds for institutional investors. Today, the company manages some $30 billion across five strategies – primary and secondary private fund investments, co-investments, private credit investments, and direct venture/growth investments.

In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...


CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...