The Extraordinary Power of Innovation
Lexington has been at the forefront of innovation in the alternative investment market for over three decades. Some of the major milestones credited to Lexington include:
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Launch of Lexington’s dedicated continuation vehicle strategy
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Final closing of LCP X with commitments totaling $22.7 billion
Commitments received from over 400 direct investors in 45 countries
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Franklin Templeton Completes Acquisition of Lexington Partners
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Opening of Luxembourg office
Expanding Lexington’s footprint in Europe
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Opening of Santiago office
Lexington’s first office in South America, building upon 8-year relationship in the region and expanding our global secondary capabilities
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Opening of Hong Kong office
Lexington’s first office in Asia, helping to develop our secondary capabilities in the region
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Launch of Lexington's Middle Market secondary strategy
Formed dedicated fund to acquire U.S. middle market interests less than 50% funded at acquisition
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Opening of Boston office
Development of Lexington’s middle market secondary capabilities
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Launch of Lexington's Global Secondary strategy
Commitments totaling $2.0 billion
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Opening of London office
Lexington’s first office in Europe, helping to expand non-U.S. secondary capabilities
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Leader of the first $1 billion secondary transaction in the U.S.
Purchase of portfolio of global private equity fund interests from a bank
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Launch of Lexington's Co-Investment Partners (CIP) program
One of the first independent, discretionary co-investment programs, with a leading U.S.-based institutional investor
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Opening of Menlo Park office
Development of Lexington’s venture capital secondary capabilities
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Lexington Partners was established as independent entity
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Development of the buyout secondary market
Purchase of a portfolio of buyout fund interests from a corporation
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Development of the venture capital secondary market
Purchase of two separate portfolios of venture capital fund interests from an insurance company and a bank
