Searches and Hires

AP7 taps Adams Street, HarbourVest for private equity funds of funds

AP7, Stockholm, hired Adams Street Partners and HarbourVest Partners to run segregated private equity funds of funds, said a spokesman.

The pension fund, which has more than 400 billion Swedish kronor ($47.8 billion) in assets, committed 4.2 billion kronor to HarbourVest and 2.3 billion kronor to Adams Street, added the spokesman.

A search was launched in​ December 2015.