Lexington Today

Lexington Today

An Industry Leader and Pioneer

Lexington Partners is one of the world’s largest and most successful managers of secondary private equity and co-investment funds. Since 1990, Lexington Partners has organized 21 secondary funds and 6 co-investment funds with total committed capital in excess of $75 billion. Our investors include more than 1,000 leading public and corporate pension funds, sovereign wealth funds, insurance companies, financial institutions, endowments, foundations, and family offices from more than 40 countries.

Lexington Partners helped pioneer the development of the institutional secondary market 34 years ago and created one of the first discretionary co-investment programs 26 years ago. Today, Lexington Partners has:

  • Acquired over 4,000 secondary interests through more than 650 secondary transactions with a total value in excess of $72 billion, including $18 billion of syndicated transactions
  • Invested $8.3 billion in over 500 co-investments alongside more than 180 sponsors
  • Committed more than $3.0 billion to over 650 primary funds

$83 Billion

Total value of secondary, co-investment, and primary interests acquired, including $18 billion syndicated to co-investors and LPs

5,000+

Secondary, co-investment, and primary interests acquired since inception

800+

GPs in Lexington’s cumulative investment portfolio

Diversification of Investments:

Lexington has constructed a highly diversified global portfolio of private equity and alternative investments. Lexington has meaningful participation in each of the major sectors and has made significant investments in the United States, U.K. / Western Europe, and increasingly in the growth markets of Asia.

 

Diversification by Sector

Diversification by Geography

Diversification includes LCP V-IX, LMMI I-IV, and CIP III-V and separate vehicles that invest alongside these funds.

Lexington’s success is based on the stability and experience of our professional team. Since inception, Lexington has had low senior turnover fostering retention of knowledge as well as key sponsor and counterparty sourcing relationships. Lexington’s 23 partners average 20 years of private equity experience and 18 years together at Lexington. The firm’s partners are supported by investment professionals skilled in the evaluation and analysis of global secondary, co-investment, and primary opportunities, and by a talented team of investor relations, accounting and fund administration, legal and compliance professionals, human resources and information and business technology professionals. Lexington is committed to cultivating an inclusive work environment and rich culture that celebrates differences and encourages input from all perspectives. Click here for our statement on Diversity, Equity, and Inclusion (DEI).

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 an ESG and Stewardship 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 eight offices strategically located in major centers for private equity and alternative investing – New York, Boston, Menlo Park, London, Hong Kong, Santiago, São Paulo, and Luxembourg. In addition, Lexington Partners has Senior Advisors supporting our professionals globally, including Asia and the United States.