Key Responsibilities

• Lead and support the monthly and quarterly valuation process for private market investments, including fund investments and equity and debt instruments
• Develop and review valuation models (DCF, comparable company/transaction analysis, option pricing models, etc.)
• Assess and document key valuation assumptions, including market inputs, company performance, and macroeconomic factors
• Prepare valuation memos and materials for internal committees, auditors, and external stakeholders
• Partner with investment teams to understand portfolio company performance and key value drivers
• Interface with external auditors and manage relationships and work-streams with third-party valuation firms
• Monitor industry trends, market data, and regulatory developments impacting valuation practices
• Contribute to the enhancement of valuation policies, procedures, and governance frameworks

Qualifications

• Bachelor’s degree. MBA and/or CFA will be viewed favorably
• 5–10 years of relevant experience at a Big 4 accounting firm, valuation advisory firm, or similar organization
• Strong experience valuing private market assets (private equity, venture capital, private credit)
• Deep understanding of valuation methodologies and financial modeling techniques
• Proven experience building and owning valuation processes
• Experience supporting audit processes and working with external auditors
• Strong analytical, writing, and communication skills
• High attention to detail and ability to manage multiple priorities in a fast-paced environment

We offer a competitive U.S. benefits package designed to support health, financial security, and work-life balance. Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption. Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.

Overview

As a senior member of the PE Operations Team, the Vice President, Treasury Operations will play a key role in overseeing and executing critical treasury and fund transaction activities. This individual will serve as a subject matter expert in wire processing, cash movements, and treasury operations, with responsibility for reviewing and approving transactions, enhancing controls, and driving process efficiencies across the platform.

This role is differentiated by a higher level of ownership, risk oversight, and project leadership, including mentoring junior team members and contributing to strategic operational initiatives.

Responsibilities

Responsibilities include, but are not limited to:

• Review and approve cash wire and FX transactions (domestic and international), ensuring accuracy, completeness, and adherence to internal controls and security protocols
• Act as a subject matter expert in treasury operations, including wire setup, payment workflows, and banking relationships
• Oversee and enhance wire-related controls and procedures, proactively identifying and mitigating operational risks
• Partner with internal teams (Investment Accounting, Client Operations, Technology) to resolve complex cash and transaction issues
• Lead and contribute to cross-functional projects focused on process improvement, scalability, and operational efficiency
• Identify opportunities for automation and emerging technology (including AI-driven solutions) to streamline workflows and reduce manual effort
• Interface with custodian banks, administrators, and external partners to resolve escalated issues and improve processes
• Oversee cash activity and support the resolution of complex reconciliation breaks
• Ensure adherence to all internal controls, audit requirements, and compliance standards
• Develop a deep understanding of Adams Street’s investment strategies and operational infrastructure to support ongoing enhancements
• Review and approve entries for both investment and investor transactions

Qualifications

Education and Work Experience:

• Undergraduate degree required
• 7+ years of relevant experience in treasury operations, cash management, or financial operations within financial services
• Experience with the Private Equity and/or Private Credit asset class
• Demonstrated experience with wire processing, approvals, and banking platforms, including both domestic and international payments
• Experience operating in a control-focused environment with strong risk awareness

Communication:

• Strong communication skills with the ability to engage effectively across teams and seniority levels
• Ability to clearly articulate issues, risks, and recommendations

Work Style:

• High degree of ownership and accountability, with the ability to operate independently and make informed decisions
• Proven ability to lead initiatives and drive process improvements
• Strong analytical and problem-solving skills, particularly in complex or ambiguous situations
• Detail-oriented with a focus on accuracy, controls, and continuous improvement
• Collaborative team player
• Thrive in a fast-paced, dynamic environment and can prioritize workflow throughout the day managing changing deadlines

Technical Skills:

• Advanced Excel skills required; experience with automation tools, data analysis, or AI-related technologies is a strong plus
• Deep familiarity with treasury management systems, banking portals, and wire workflows

We offer a competitive U.S. benefits package designed to support health, financial security, and work-life balance. Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption. Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.

Adams Street Partners is seeking a Paralegal to join its growing Legal team. The Paralegal will be tasked with supporting activities related to private equity investments as well as closings of private equity fundraises.  This individual will also provide general support to the Legal team in a variety of fundraising, investing and compliance related activities.  He/she will work in the twenty-two-member Legal team, which oversees Adams Street’s global legal and compliance functions.

Role Description:

Specifically, this individual will be involved with:

• Preparing and maintaining various documents/instruments: investment approval documentation, private equity fund subscription documents, debt finance documents, closing lists, corporate charters, LLC/partnership formation documents, corporate resolutions, officer certificates, AML/KYC documentation, etc.
• Interacting with internal and external investment professionals, lawyers, bankers, accountants, investors and other professionals.
• Maintaining control of closing documentation and ensuring they conform to Adams Street’s guidelines.
• Assisting with the preparation and maintenance of private equity fund formation, fundraising and investment documentation.
• Managing post-closing assembly/distribution of closing documents and closing volumes.
• Responding to investor and fund general partner requests in connection with closings and amendments as well as supplemental information requests.
• Maintaining and improving internal records, checklists, spreadsheets, and other tracking devices.
• Participating in and assisting in the management of due diligence projects.
• Performing other ad hoc projects as assigned.

Required Skills:

We seek an individual who is self-disciplined and customer service oriented with the following characteristics:

• Undergraduate degree, ideally with a business administration or law focus, is required, and a paralegal certificate from an ABA accredited program is strongly desired.
• Two to three years paralegal or legal project assistant experience in corporate/transactional law practice setting with exposure to with private equity fund structures.
• Experience assisting with multiple closings preferably in private equity fundraising and investing, mergers and acquisitions, and/or debt finance.
• Managing and organizing transactional documentation, ideally in the areas of private equity fundraising and/or investments.
• Familiarity with global Anti-Money Laundering/Know Your Customer (AML/KYC) laws and regulations.
• Exceptional attention to detail, highly organized and able to prioritize and meet competing deadlines.
• Knowledge of and experience using document management systems, electronic data rooms, legal focused and general AI systems and MS Office suite required.
• Interest in staying abreast of industry trends, product knowledge and trends in marketing and investor relations.
• Ability to work independently and on a team.
• Strong problem-solving skills with a desire to learn new and complex concepts.

We offer a competitive U.S. benefits package designed to support health, financial security, and work-life balance. Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption. Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.

About the Portfolio Finance team

The Portfolio Finance team sits within the Adams Street Private Equity Operations team. The team focuses on deal funding, liquidity, and financing across Adams Street’s Private Equity and Private Credit investment strategies. Portfolio Finance manages day to day cash optimization, credit facilities, NAV facilities, and long-term forecasting with a focus on risk management and the performance of our funds.

The Portfolio Finance Associate will work directly with investment professionals, accounting, operations, legal, investor relations, and external parties to ensure private equity and credit deals are properly handled from funding to exit. The associate will work directly with other members of the Portfolio Finance team to handle all daily operational functions.

Responsibilities:

Specifically, the individual will be involved with and responsible for:

• Promoting best practice across Portfolio Finance processes, learning intricacies of investment strategies (primary, secondary, co-investments, growth equity, venture and private credit)
• Monitoring daily liquidity for funding, shortfall risk, and cash movements across our fund portfolios
• Assisting in the analysis and production of cash forecasts, leverage monitoring, capital calls, and distributions
• Supporting subscription line and credit facility activity and the processing of drawdowns, paydowns, interest calculations and payments
• Supporting the covenant and compliance monitoring, and coordinating with lenders
• Actively participating in the deal closing process with a focus on setup and execution of closing wire transfers
• Compiling regular and ad-hoc reporting for investment teams, clients, and management
• Creating efficiency between front and back-office processes, eliminating redundancies, and streamlining processes
• Coordinating with operations, treasury, and accounting to resolve cash breaks, timing differences, and reporting discrepancies
• Becoming an internal expert on end-to-end operational process and a valuable resource to the firm
• Providing support for FX hedging, conversion, and settlement processes across PE and PC portfolios 

Candidate Requirements:

We seek an individual who is self-disciplined, demonstrates creative thinking and has the following characteristics:

• Bachelor’s Degree in Finance, Accounting, or related discipline
• 2-4 years of experience in Financial Services with a preference for experience in fund finance or treasury
• Experience with private equity or private credit asset classes
• Advanced Excel skills for fund and liquidity analysis (cash flow modeling, scenario and sensitivity analysis, pivots, XLOOKUP, SUMIFS) with comfort manipulating large datasets; Power Query and/or VBA a plus
• Familiarity with AI productivity tools (e.g., Microsoft Copilot, ChatGPT) to improve efficiency and quality, with sound judgment regarding appropriate and confidential data use
• Detail-oriented self-starter
• Ability to work alone and in a team environment
• Strong work ethic, honesty and integrity, as well as strong interpersonal and communication skills.
• Ability to manage and prioritize multiple tasks

We offer a competitive U.S. benefits package designed to support health, financial security, and work-life balance. Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption. Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.

About the Secondary Investment Team

Adams Street’s secondary investment team consists of 16 professionals globally.  To date, Adams Street has closed on over 300 secondary transactions, ranging from traditional acquisitions of limited partnership interests from other private equity fund investors (LP-led transactions) to more complex, structured acquisitions of portfolios of direct company interests and creative liquidity solutions to fund managers (GP-led transactions). 

It manages over $8 billion, currently investing its eighth dedicated secondary fund as well as capital from multiple other Adams Street funds of funds and separately managed accounts. The team’s leveraging of the firm’s unique knowledge base and relationships across private markets and its disciplined and balanced approach to investing have generated exceptional long-term returns that have outperformed private equity industry benchmarks on a consistent basis.

Responsibilities:

The Secondary Investment Associate is responsible for analyzing, modeling, and monitoring investment opportunities. The position offers a deal-oriented, high-responsibility role exposed to the full array of private markets subclasses, including buyout, venture capital, and credit funds across all industries and in both developed and emerging markets. Secondary Associates are deeply involved in the development of cash flow models, investment theses, and various risk analyses. This role will be based in our Chicago office.

Specifically, the individual will be involved with and responsible for:

• Performing quantitative analysis, including LBO, fund, and transaction modeling
• Conducting market and company research
• Participating in due diligence calls with GPs, management, and sellers
• Assisting in all aspects of the transaction, including deal selection, pricing analysis, and execution
• Assisting in all transaction documentation and presentations to investment committee
• Developing and maintaining proprietary deal and market intelligence
• Performing deal monitoring analysis
• Supporting in strategic team and firm initiatives

Candidate Requirements:

We seek an individual who is self-disciplined, demonstrates creative thinking and has the following characteristics:

• Graduated from a top-tier undergraduate university
• 2-3 years of work experience in private equity or investment banking, with preference for M&A and LBO transaction experience
• Strong analytical, modeling, organizational, and writing skills
• A professional presence combined with relationship and communication skills to interact effectively with internal and external parties
• A highly motivated, self-starter with the ability to work independently within a team context

We offer a competitive U.S. benefits package designed to support health, financial security, and work-life balance. Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption. Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.

The listed salary range does not include bonus or incentive compensation.