Lexington’s $3.5B fund is Tops Among Secondary Fund-Raisers

Lexington Partners can now boast the largest dedicated pool of capital among secondaries investors, as the firm has raised $3.5 billion for its latest fund Lexington Capital Partners VI. The new vehicle is the largest secondaries fund raised to date.

The New York-based firm held a first close on the fund last October with $2.2 billion and raised its cap from $2.5 billion to $3 billion. With the close of Lexington Capital Partners VI, Lexington will have approximately $4 billion to invest throughout the market, as the firm closed the $550 million Lexington Middle Market Investors last year.

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