Adams Street Secondaries Strategy Reaches Baltic Family Office Investors through INVL Family Office
INVL Family Office, the largest multi-family office in the Baltic states with over €1 billion in assets under management, has launched the Global PE Secondaries Access Fund — a closed-end vehicle giving its clients exposure to the private equity secondary market through Adams Street Partners.
The fund’s rules were approved by the Bank of Lithuania in June 2026. It is structured for informed investors, with a minimum ticket of $145,000 and a subscription window open until July 23, 2026.
The underlying manager is Adams Street Partners, a Chicago-based firm with $65 billion AUM, 13 offices across eight countries, and a secondaries track record dating to 1986. Adams Street has invested in more than 1,300 PE funds and holds advisory board seats at more than 500, giving it deal-flow and diligence access that retail-adjacent vehicles rarely unlock.
The fund is managed by INVL Asset Management and distributed through INVL Financial Advisors under the Family Office brand.
The rationale from INVL’s side is straightforward. Head of Family Office Asta Jovaišienė cited LP demand for exposure to established portfolios at a discount to NAV, faster capital deployment relative to primary commitments, and portfolio diversification across more than 1,000 underlying companies as the core investment case.
Why this matters.
Secondary market access vehicles targeted at family offices and HNWI investors are proliferating — this is one of the earlier examples from the Baltic region. It reflects the broader distribution shift underway: secondaries strategies, once the domain of institutional LPs and dedicated secondaries funds, are now being packaged as feeder structures for smaller pools of capital. Adams Street’s participation as the underlying manager signals how established secondaries platforms are increasingly licensing their strategies downstream to regional distributors, broadening their LP base without raising a separate retail product.
The fund is limited to informed investors as defined under Lithuanian law. This article is editorial coverage of a press release; it does not constitute investment advice.