Adams Street Partners, LLC, a global private markets investment management firm with more than $76 billion in assets under management, has announced that Alec Kersman has joined the firm as Partner and Global Head of Client Solutions. Based in New York, he will lead the firm’s Institutional Investor Relations, Wealth Management, Marketing, and Product Strategy groups. The appointment places client-facing capabilities under integrated leadership as the firm continues to expand its global platform.
Role and Strategic Mandate
In his new role, Kersman will focus on strengthening coordination across client coverage, service, marketing, and product development to support the evolving needs of Adams Street’s global client base. He will also serve on the firm’s Executive, Pricing, and New Product Committees. His appointment reflects the firm’s effort to deepen relationships with institutional investors, wealth managers, and financial advisors through a unified client strategy.
Executive Perspective
Jeff Diehl, Managing Partner and Head of Investments at Adams Street, described Kersman as a highly accomplished leader with extensive experience building client relationships across institutional and wealth channels worldwide. Diehl highlighted his strategic perspective, client-first mindset, and track record of developing strong teams as key reasons for the appointment. He added that Kersman will help ensure the firm’s capabilities remain closely aligned with client needs as the platform grows.
Professional Background
Kersman joins Adams Street after more than 20 years at PIMCO, where he held a series of senior leadership roles across the firm’s global client businesses. Most recently, he served as Head of Asia Pacific, overseeing PIMCO’s institutional and wealth operations across the region while serving on the firm’s Executive Committee. Earlier in his career, he helped build PIMCO’s Latin America business and led its U.S. Wealth Management Strategic Accounts group.
A Shared Client-Focused Vision
Kersman said he has long admired Adams Street’s reputation as a trusted private markets partner and its collaborative, client-focused culture. He noted that the firm has built a differentiated global investment platform. Kersman added that he is excited to work alongside the team to deepen client relationships, enhance the client experience, and help position Adams Street for its next phase of growth.
Leadership Transition
Kersman succeeds Kevin O’Donnell, Partner and Global Head of Investor Relations, who will retire at the end of 2026 after more than a decade at Adams Street. O’Donnell will remain actively engaged through the end of the year to support a seamless transition. Diehl expressed gratitude for O’Donnell’s contributions to the firm and the strength of its client relationships over the past decade.
About Adams Street Partners
Adams Street is a global investment firm managing a comprehensive suite of private markets investment solutions. The firm provides private equity and private credit strategies to institutional investors, growth capital to innovative companies, and evergreen funds offering access to multiple strategies through a single commitment. With over 50 years of experience, the firm is entirely employee-owned and operates out of 15 offices globally.
The appointment of Alec Kersman signals Adams Street’s commitment to an integrated client experience across institutional and wealth channels. By aligning investor relations, marketing, and product strategy under unified leadership, the firm aims to strengthen its global relationships and support long-term growth. Kersman’s extensive experience is expected to help Adams Street continue evolving its platform to meet the changing needs of clients worldwide.