Industry veteran Michael Kurlander is ringing in the New Year with a new position at Adams Street Partners.
Kurlander will start his tenure as chief financial officer of the Chicago-based firm on Jan. 3, 2024, reporting to Managing Partner and Head of Investments Jeff Diehl. He will also have a seat on the $58 billion firm’s executive committee.
“Michael’s experience at both private and public companies will be enormously valuable as Adams Street’s business and products scale,” said Diehl. “He is also a great fit for Adams Street’s culture.”
Kurlander joins from Pagaya Technologies, a fintech specializing in securitizations backed by personal loans, where he served as CFO. Prior to that he was deputy global treasurer at Citadel, focusing on the hedge fund as well as Citadel Securities. He spent much of his career at Goldman Sachs, holding various leadership positions in finance and operations, including as chief financial officer and chief operating officer of global operations and finally as COO of the firm’s U.S. bank.
Kurlander’s hire caps a busy year for Adams Street. Among other developments, the firm closed its Global Secondary Fund 7 with $3.2 billion in commitments and opened its first office in Australia, led by Shaun Thomas, a newly appointed principal of investor relations who had recently joined the firm from Partners Group Australia.
“Adams Street has the world-class reputation and growth prospects that make this such an exciting and unique opportunity,” said Kurlander. “I am eager to collaborate with my talented Partners and colleagues to continue the firm’s remarkable success.”