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Brijesh Jeevarathnam succeeds Kelly Meldrum as Global Head of Fund Investments at Adams Street Partners

CHICAGO

Adams Street PartnersLLC, a private markets investment firm with more than $50 billion in assets under management, announced today that Brijesh Jeevaratnam Promoted to Partner & Global Head of Fund Investments. Jeevarathnam, who joined Adams Street in 2016 as a Partner in Primary Investments, will also join the firm’s Executive Committee as part of his new role.

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Brijesh Jeevarathnam has been promoted to Partner & Global Head of Fund Investments of Adams Street Partners. (Photo: Business Wire)

Jeevarathnam succeeds Kelly Meldrum, who is retiring after 17 years as a partner and head of Primary Investments. Meldrum will relinquish her duties at the end of the year and will be available through the end of the first quarter of 2023.

“During her many years at Adams Street, Kelly has made countless contributions to the company, not least by building a superb team of experienced partners who are integral to the success of our clients,” he said Jeff Diehl, Managing Partner and Head of Investments at Adams Street. “I am delighted that Brijesh is now taking on this larger role and I am confident that after a smooth transition in leadership he will build on Kelly’s success over the next six months.”

Since joining Adams Street, Jeevarathnam has been instrumental in creating and scaling the firm’s venture innovation and leaders programs and has acted as portfolio manager for several separately managed accounts. Prior to Adams Street, Jeevarathnam spent 10 years at Commonfund Capital where he held a leadership role and was involved in the management of a $14 billion global private equity portfolio.

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As part of the change in leadership Saguna Malhotra, currently Partner in Primary Investments, promoted to Partner & Head of Global Buyout Fund Investments. Malhotra will focus on global calibration and strategy for Adams Street’s buyout fund portfolios worldwide. She joined Adams Street in 2015 from Stanford Management Company, where she oversaw a $6 billion global private equity portfolio.

“The entire Adams Street team will miss Kelly both personally and professionally and we wish her all the best in her next chapter,” said Diehl. “Both Brijesh and Saguna have earned their well-deserved expanded roles and I look forward to their contributions in the future.”

About Adams Street Partners

Adams Street Partners is a global private markets investment manager with investments in more than 30 countries on five continents. The company is 100% employee-owned and has $50 billion in assets under management. Adams Street aims to generate actionable investment insights across market cycles by leveraging 50 years of private markets experience, proprietary insights and trusted relationships. Adams Street has offices in Austin, Beijing, Boston, Chicago, London, Menlo Park, Munich, New York, Seoul, Singapore and Tokyo. visit www.adamsstreetpartners.com.

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