Lexington Partners is one of the world’s largest and most successful independent managers of secondary private equity and co-investment funds. Since 1990, principals of Lexington Partners have organized 18 secondary funds and 9 co-investment pools with total capital of $35 billion. Our investors include more than 700 leading public and corporate pension funds, sovereign wealth funds, insurance companies, financial institutions, endowments, foundations, and family offices from more than 30 countries.
Principals of Lexington Partners helped pioneer the development of the institutional secondary market more than 27 years ago and created one of the first independent, discretionary co-investment programs over 19 years ago. Today, Lexington Partners has:
Acquired over 2,400 secondary interests through more than 400 secondary transactions with a total value in excess of $36 billion, including $12 billion of syndicated transactions
Invested $4.1 billion in over 240 co-investments alongside more than 125 sponsors
Committed more than $1.6 billion to over 325 primary funds
Lexington’s success is based on the experience and stability of our professional team. Lexington currently employs more than 100 people in six offices globally. Since its inception, Lexington has had low staff turnover fostering retention of knowledge as well as key sponsor and counterparty sourcing relationships. Lexington’s 25 partners and principals each average over 19 years of alternative investment experience and more than 14 years together at Lexington. The firm’s partners and principals are supported by investment professionals skilled in the evaluation and analysis of global secondary, co-investment, and primary opportunities, and by a reliable team of investor relations, fund accounting, and fund administration professionals.
Lexington believes that private equity and alternative investment sponsors have the ability to enhance their long-term performance through an understanding of Environmental, Social and Governance (ESG) issues affecting their portfolio companies. Lexington has a responsible investment policy, is a signatory to the Principles for Responsible Investment (PRI), and acts as a good steward of investors’ capital by collaborating with our diverse portfolio of sponsors regarding ESG best practices.
Lexington Partners is a global firm with offices strategically located in major centers for private equity and alternative investing – New York, Boston, Menlo Park, London, Hong Kong, and Santiago. In addition, Lexington Partners has Senior Advisors located in key areas of emerging interest – Asia, Australia and Latin America.
For a list of Lexington’s major industry milestones, click here.
New York Boston Menlo Park London Hong Kong Santiago