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Opalesque Industry Update - Adams Street Partners, LLC, a private markets investment firm with more than $59 billion in assets under management, today announced the appointment of Jim Walker as Partner & Global Head of Wealth. Walker, who has served as Partner & Chief Operating Officer at Adams Street, will focus on leading Adams Street's growth in the wealth management space, with an emphasis on developing and scaling of products and services designed to service financial advisors and their clients. Adams Street also launched a new website - pws.adamsstreetpartners.com - dedicated to sharing insights, news, and resources for financial advisors and wealth platforms. "Jim is a natural fit for this role as a senior leader with deep investment acumen and significant operational experience. His extensive background in wealth management will accelerate our growth in private wealth," said Jeffrey Diehl, Managing Partner & Head of Investments at Adams Street. "Adams Street's private markets investment solutions can provide wealth advisors compelling opportunities to further help their clients grow and protect their wealth." "Our Private Wealth platform benefits from Adams Street's more than 50 years of experience," said Walker. "There is significant demand from advisors and their clients for quality private markets investments. Adams Street can provide access, institutional quality origination, and portfolio construction in ways that are accessible to private wealth clients." Walker takes on this new position after nearly seven years as Adams Street's COO. Before joining Adams Street, Walker held a range of senior leadership positions at Morgan Stanley, Credit Suisse, and Merrill Lynch. Walker's COO responsibilities will be split between his new role and Partner & Chief Financial Officer Michael Kurlander. |
Industry Updates
Adams Street Partners adds to team
Friday, July 26, 2024
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