Lexington Partners Names Two New Partners and Co-Chair of Firm’s Secondary Investment Committee
05 Feb 2025
New York, NY – February 5, 2025
Lexington Partners L.P., a leading global manager of secondary private equity and co-investment funds, today announced the promotion of two secondary investment professionals to Partner and the naming of a Co-Chair to the firm’s Secondary Investment Committee.
Lexington’s two new Partners are:
- Jeffrey (Jeff) Bloom, a New York-based member of the Secondary team primarily focused on the origination, evaluation, and execution of continuation vehicle transactions. Prior to transitioning to Lexington’s dedicated continuation vehicle team in 2024, Mr. Bloom spent 14 years on the secondary team focused on partnership and GP-led transactions.
- Cullen Schannep, a Menlo Park-based member of the Secondary team primarily focused on the origination, evaluation, and execution of secondary opportunities, including partnership and GP-led transactions. Mr. Schannep joined Lexington in 2009.
Lexington also announced that Victor Wu, a New York-based Partner, will assume the role of Co-Chair of the Secondary Investment Committee alongside Wil Warren, Partner and President, and Pål Ristvedt, Partner. Mr. Wu, who joined the firm in 2001, focuses on executing both partnership and GP-led secondary opportunities.
“Jeff and Cullen have demonstrated exceptional dedication, leadership, and impact throughout their careers at Lexington, and their promotions are also a reflection of our emphasis on developing talent from within the firm. We congratulate them on their achievements and look forward to their continued contributions to the firm’s future,” said Wil Warren. “Victor has played an important role in shaping Lexington’s investment strategy over the past two dozen years, and his expanded leadership will further strengthen our approach and execution within the secondary team.”
The promotions of Messrs. Bloom and Schannep expands Lexington’s Partner group to 26 members. On average, the firm’s Partners have 21 years of private equity experience. Lexington has more than 180 professionals, including more than 80 investment professionals, across its eight global offices.
About Lexington Partners
Lexington Partners is one of the world’s largest and most successful managers of secondary private equity and co-investment funds. Lexington helped pioneer the development of the institutional secondary market over 30 years ago and created one of the first independent, discretionary co-investment programs 26 years ago. Lexington has total capital in excess of $76 billion and has acquired over 5,000 interests through more than 1,000 transactions. Lexington’s global team is strategically located in major centers for private equity and alternative asset investing across North America, Europe, Asia and Latin America. Lexington is the global secondary private equity and co-investments specialist investment manager of Franklin Templeton. Additional information can be found at www.lexingtonpartners.com.
Media Contact: Todd Fogarty
Kekst CNC
+1 (212) 521-4854
todd.fogarty@kekstcnc.com
