Adams Street Partners

Associate or Senior Associate, Private Credit Portfolio

Adams Street Partners · New York, NY
New York, NY $120K–$170K Posted 2026-06-26
Salary
$120K–$170K
Type
Full-time
Experience
4+ yr

Adams Street Partners (“Adams Street”) is a global private markets investment manager that has nearly $73 billion* in assets under management. The firm is 100% employee-owned, which fosters a positive and unique culture of collaboration, intellectual rigor, integrity, and a commitment to professional development. For the eighth year in a row, Adams Street was named one of Pension & Investments’ Best Places to Work in Money Management in 2025.

Employees operate as a single global team, integrating the expertise of the firm’s investment professionals across five strategies: primary investments, secondary investments, growth equity, private credit, and co-investments.  Adams Street is considered a private markets pioneer and was inducted into the Private Equity Hall of Fame in 2000.

The firm was founded more than 50 years ago, and clients include leading public and corporate pension plans, foundations, endowments, insurance companies, registered investment advisors, and high net worth individuals worldwide.

Adams Street has offices in Abu Dhabi, Austin, Beijing, Boston, Chicago, Hong Kong, London, Munich, Menlo Park, New York, Seoul, Singapore, Sydney, Tokyo and Toronto.

  • As of December 31, 2025. Adams Street Partners’ methodology to calculate Assets Under Management (AUM) is based on fund net asset value (NAV), plus unfunded commitments, plus leverage, but excluding the effect of subscription lines of credit. The prior AUM methodology was based on investor commitments minus commitments to fully liquidated underlying partnerships. Such change in methodology was effective July 2026; however, for periods shown prior to December 31, 2025, Adams Street continues to use the previous methodology. This updated methodology more closely aligns with (i) the amount of assets managed on behalf of investors and (ii) the amount of capital available to make direct and/or partnership investments. Amounts stated by investment advisers in regulatory filings (“regulatory AUM”) have a prescribed methodology, which may, in some circumstances, differ from the methodology such adviser uses for other purposes, including marketing efforts. Additional information is available upon request.

The Private Credit Team is seeking an Associate/Senior-Associate to work closely with senior professionals to develop and execute funding and leverage strategy aligned with portfolio construction, asset eligibility, liquidity buffers, and risk tolerance. Coordinate closely with investment team, finance, and other stakeholders on target leverage levels, structural considerations, and key commercial/legal terms. As a member of the Private Credit Team, this individual will be responsible for operations-oriented activities including deal closings, fund and portfolio monitoring, marketing and client requests, managing credit facilities, and systems maintenance. This role will be based in our New York office.

Responsibilities:

Responsibilities will include, but are not limited to:

  • Prepare portfolio-level reporting and risk analysis for both internal and external distribution, including investor presentations, board materials and credit facility reports
  • Assist with ongoing maintenance and optimization of subscription facilities, asset-based credit facilities, CLO’s, fund liquidity, and fund leverage
  • Review credit facility legal documents in conjunction with a new facility launch or an amendment
  • Assist with reviewing and preparing investor RFP’s and RFI’s including processing ad-hoc investor inquiries and coordination with Investor Relations and Marketing teams
  • Partner with IT and operations to ensure proper classification and accuracy of investment portfolio in Allvue and other Adams Street’s systems
  • Coordinate with Adams Street’s investment and operations teams on valuations, financial information reconciliation and portfolio company updates
  • Maintain a database of portfolio company level information and perform ongoing and ad-hoc portfolio analysis
  • Manage offshore outsourced portfolio monitoring vendor and ensure accuracy of vendor reports
  • Assist with private credit portfolio management, strategic initiatives and ad-hoc reporting
  • Collaborate with Investment Strategy and Risk Management team on investment allocations across funding vehicles and ensure compliance with governing documents of each vehicle

Candidate Requirements:

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

  • Graduated from an undergraduate university with a preferred concentration in Business, Finance, Accounting or Economics.
  • 4 - 7 years of experience, preferably with exposure to private credit, broadly syndicated loans, CLOs and leverage facilities. Experience in private markets/financial services industry.
  • Ability to synthesize and format large data sets for senior management review.
  • Works effectively in cross functional team environment while taking individual responsibility for quality and accuracy.
  • A professional presence combined with relationship and communication skills to interact effectively with internal and external parties.
  • Strong quantitative, analytical, critical thinking and problem-solving skills.
  • Strong presentation, communication, and writing skills.
  • Advanced in Microsoft Excel and Power Point with working knowledge of systems and analytical tools also desirable.
  • Comfort with analyzing legal documents including credit agreements, LPAs and knowledge of loan securitizations is a plus.
  • Ability to prioritize and independently execute assigned projects while maintaining careful attention to detail and accuracy.
  • A highly motivated, self-starter with the ability to work independently within a team context.

NYC Pay Range
$120,000 — $170,000 USD

$65K — 10th pctl $230K — 90th pctl
This role’s midpoint $145K vs. market median $130K for Operations roles
+10%
above median
Based on 10,000+ Operations roles with disclosed salary ranges tracked on NewJob.
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