Date | Title | Description |
21.10.2023 | The future of co-investment | Global private equity deal value was down 51 percent year-on-year in the first six months of 2023, according to data from S&P. The volume of deals, meanwhile, dropped 39 percent. The industry’s co-investment community, however, is not g... |
20.07.2023 | GIC 2023 coverage: Understanding the secondary private equity market | “If it’s in private equity or an alternative asset allocation, it’s a long-term investment strategy,” said Simon Oak, principal at Lexington Partners, during the Canadian Investment Review’s 2023 Global Investment Conference. |
17.01.2023 | Lexington promotes five secondaries professionals to the partnership | Lexington Partners, the sixth-ranked firm by secondaries fundraising according to the SI 50, has expanded its partnership group as it seeks to raise its largest ever fund. |
14.01.2023 | Next Gen Leaders of Secondaries: Class of 2022 | Next Gen Leaders 2022 – This year – the seventh year we’ve run our list of the most impressive secondaries individuals under 36 – the cohort of professionals is no less inspiring than in prior iterations. |
13.01.2023 | Secondary Investors Wait for the Deal Levee to Break | The market for secondhand stakes in private-equity funds reached $57 billion in transactions in the first six months of 2022, a first-half record, The Wall Street Journal reported. But activity dropped off in the second half, as a decline i... |
01.11.2022 | Why co-investing is still on a roll | Co-investors are bullish about their opportunities to deploy capital in the year ahead, despite macroeconomic turmoil threatening to slow private equity dealflow. Co-investment opportunities are inevitably and inextricably linked to overall... |
01.11.2022 | How co-investors are adjusting to an unsettled market | When Private Equity International gathered participants for its annual co-investment roundtable in London in early September, inflation in the eurozone had just hit another record. Volatile energy prices caused by Russia’s invasion of Ukrai... |
25.11.2021 | When the Music Stops: Be Ready | Co-investment provides access to great assets at reduced economics. However, when this bull run finally ends, co-investors must be ready to get their hands dirty, write Adam Le and Amy Carroll. |
26.06.2021 | Innovation is in the air for the Secondaries Market | After an early pandemic lull, the secondaries market has made up for lost time as GP-led deals continue to march forward. But how could new players shape the market… |
26.06.2021 | Secondary Market bouncing back after Covid dip | After slowing to a trickle in the second and third quarters of last year, buying and selling of secondhand stakes in private-market assets, particularly those involving sponsor-led transactions, has snapped back. In the early spring of 2020... |
24.03.2021 | Lexington’s $3.2bn Raise shows Co-Investment Fundraising Bouncing Back | The firm has held the final close on its latest co-investment fund in a year where co-investment appetite and deal opportunities are expected to rise. Lexington Partners has gathered $3.2 billion for its fifth co-investment vehicle – its la... |
24.03.2021 | Lexington Partners Banks $3.2 Billion for Fifth Co-Investment Fund | Secondary investing giant Lexington Partners has blown past the target for its latest co-investment fund. The New York-based firm has closed its Lexington Co-Investment Partners V LP fund with $3.2 billion, surpassing its initial $2.5 billi... |
21.01.2021 | Lexington chega ao Brasil com foco em Private Equity | A americana Lexington Partners chega ao Brasil de olho no incipiente mercado secundário de private equity e venture capital. O foco da gestora reside na compra e venda de participações de investidores nesses fundos, que tipicamente são de l... |
10.01.2021 | GP-Led Deals Take Center Stage in the Secondary Market | Private-equity firms drove the market for secondhand trades in private funds and assets in 2020, after several years of playing a supporting role. General partner-led deals are expected to account for an estimated half to two-thirds of 2020... |
04.12.2020 | A Private Word With Brent Nicklas | Brent Nicklas founded Lexington Partners back in 1994 just as the secondary market was in its infancy. The firm now manages some $20 billion in committed capital across both secondary investment and co-investment strategies. It closed a rec... |
03.11.2020 | All in this Together | Co-investments have seen massive growth over the past decade, but how will these deals fare as we navigate a covid-induced downturn? Toby Mitchenall and Vicky Meek look at how more uncertain times are shaping the co-investments of today and... |
09.09.2020 | Record Secondaries Fundraising to Continue | Secondaries fundraising is expected to hit new heights in the months ahead as investors anticipate a booming deal environment created by the health crisis. Global secondaries fundraising soared in the first half, PEI data show, with a dozen... |
14.07.2020 | Secondary Fundraising Stays Strong Despite Pandemic | Fundraising has remained strong as buyers raise ever larger capital pools. The coronavirus pandemic stalled deal activity in the secondary market in the first half of the year, but secondary funds continue to find favor as investors bet tha... |
14.07.2020 | Secondary Fundraising Stays Strong Despite Pandemic | July 5, 2020 |
14.07.2020 | Secondaries Fundraising Breaks Q1 Record as Storm Clouds Roll In | Capital raising for secondaries vehicles exceeded the $19.74bn raised in the first three months of 2016, the previous high. Secondaries fundraising had its best-ever first quarter prior to the market plunging into a coronavirus-related shut... |
14.07.2020 | Secondaries Fundraising Breaks Q1 Record as Storm Clouds Roll In | April 16, 2020 |
- | Lexington Partners raises $10.1 bln for eighth secondary fund | Lexington Partners said Tuesday it closed its eighth private equity secondary fund at its $10.1 billion hard cap. The target was $8 billion… |
- | Warburg Pincus to offload $1.2b worth of Asian assets in secondary sale | Global private equity firm Warburg Pincus is selling about $1.2 billion of its Asian investments in a secondary deal to investors including Lexington Partners and Goldman Sachs’ asset management arm… |
- | Lexington Collects $14bn For Biggest-Ever Secondaries Fund | Lexington Partners has beaten the target for its ninth secondaries fund to raise the largest ever pool of capital dedicated to the strategy… |
- | Lexington Partners inks €500m secondary sale with Italian insurer Assicurazioni Generali | Secondary specialist Lexington Partners has agreed to acquire a €500m private equity portfolio from Italian insurance group Assicurazioni Generali… |
- | Lexington Close to One Equity Deal | One Equity Partners, the private equity arm of JP Morgan, is reportedly closing in on a deal with Lexington Partners that will secure its future as an independent firm… |
- | Lexington Partners Closes Fund, Focuses on Secondary Market | Lexington Partners has closed a $10.1 billion fund that will acquire private equity and alternative assets through secondary market transactions… |
- | Lexington Closes Third Midmarket Investors Fund with $1.07B | Lexington Partners said it has raised $1.07 billion for its third secondary fund focused on acuiring stakes in smaller, younger partnerships… |
- | Asia LP interests: The price factor | Global LPs have no intention of reducing their exposure to Asia. This has put upward pressure on secondaries prices… |
- | Lexington Leverages Global Backing to Hold $1.07bn Mid-Martket Secondaries Fund Close | Secondaries private equity specialist Lexington Partners has easily beaten its target for its latest fund by holding a final close on just over $1bn… |
- | Lexington eyes $5bn-plus February close for new secondaries fund, could collect $10bn | Secondaries-focused private equity giant Lexington Partners could close on more than $5bn of capital for its potentially record-breaking eighth fund by the end of February… |
- | Lexington anchors $100m direct secondaries fund | Lexington Partners has contributed more than $90 million to UK-based Azini Capital’s third secondaries fund, having previously anchored Azini’s Funds I and II… |
- | Lexington Partners Opens Asian office | Lexington Partners, the world’s largest secondaries manager, has recently set up a Hong Kong office… |
- | Lexington Partners Secures Line of Credit, Holds $5.5B First Close for Fund | Secondary buyer Lexington Partners has so far rounded up $5.5 billion in a first closing of its eighth fund… |
- | Lexington Raises $1.070 bln for Third Middle Market Fund | Lexington Partners said Monday that it has closed $1.070 billion for its third middle market fund… |
- | Lexington eyes €600m Irish pension deal | Lexington could take on holdings in US and European funds as Irish pension fund reforms mandate… |
- | A Private Word With Brent Nicklas | Brent Nicklas founded Lexington Partners back in 1994 just as the secondary market was in its infancy… |
- | Exclusive: Citi Unloads $900 Million Private Equity Portfolio | Citigroup has agreed to sell a portfolio of private equity interests for more than $900 million to Lexington Partners… |
- | Lexington Preps First Closing of Third Midmarket Fund | Lexington Partners plans to hold a first closing next month for its third secondary offering focused on stakes in middle market funds… |
- | Lexington Partners Raises Largest-Ever Secondary Fund | Lexington Partners wrapped up its latest secondary fund at the vehicle’s $7 billion hard cap, making it the largest-ever offering raised to invest in existing stakes in private equity, said people familiar with the situation. The amount rai... |
- | Lexington Partners closes mid-market secondaries fund at $2.66bn | Lexington Partners has closed its fourth mid-market secondaries fund at $2.66bn (€2.26bn)… |
- | Lexington closes Fund VIII on $10.1bn | Lexington Partners has closed its eighth secondaries fund on $10.1 billion, making it the largest secondaries fund ever raised… |
- | Lexington Partners Agrees to Buy $1 B PE Portfolio From Mizuho Financial | Lexington Partners has agreed to buy a roughly $1 billion private-equity fund portfolio from Mizuho Financial Group as the Japanese bank trims its exposure to the asset class… |
- | Lex on Fire | Lexington Partners has inked a series of high-profile deals recently and its return to market may be just around the corner… |
- | Lexington Seals $1B Secondary Deal with BC Partners | Lexington Partners has agreed to a nearly $1 billion secondary deal involving funds managed by London-based BC Partners, thanks partly to a last-minute wave of sellers… |
- | As Asia private equity stalls, secondary firms march in | Lexington Partners, Pantheon and Greenpark Capital launch Asia ops… |
- | Lexington closes biggest ever secondaries vehicle on $10.1bn | Lexington Partners has completed the final closing of its eighth vehicle at $10.1bn, making it the largest dedicated secondary fund ever raised…. |
- | Lexington Attracts $4B for Fund VII as Deal Pipeline Swells | Lexington Partners has attracted more than $4 billion in capital for its seventh secondary fund and has seen a noticeable uptick in secondary transactions hitting the market since the beginning of 2010, according to a March investor letter ... |
- | Lexington Partners powers past $2bn for latest co-investment fund | Secondaries private equity major Lexington Partners has pulled in more than $2.1bn for its latest co-investment vehicle… |
- | Lexington Picks up Citigroup PE unit | US private equity secondaries specialist Lexington has picked up the private equity unit of Citigroup for over $900m… |
- | Lexington Collects $2.1 Billion for Latest Co-Investment Fund | New York private-equity investor Lexington Partners collected at least $2.1 billion for its fourth co-investment vehicle… |
- | Shedding new light on secondary markets | Those unfamiliar with the secondaries market could be forgiven for thinking that it existed separately from a hard-hit private equity industry. While buyouts and fundraising have faltered, secondary transactions have continued to flourish….... |
- | Lexington Partners Collects Over $2 billion For Latest Co-investment Fund | New York-based private equity investor Lexington Partners has collected at least $2.1 billion for its fourth co-investment vehicle… |
- | Lexington Middle Market IV closes on $2.66bn | The fund, which closed above its target of $2bn, has been in the market for just over a year. |
- | Lexington Partners to Buy Bulk of Citi’s LP Stake in Metalmark Fund | Lexington Partners has agreed to buy 80 percent of Citigroup’s $1.5 billion limited partner interest in Metalmark Capital Partners II… |
- | Lexington Middle Market IV closes on $2.66bn | The fund, which closed above its target of $2bn, has been in the market for just over a year… |
- | Lexington closes largest-ever secondaries fund at $7b | Lexington Partners has closed its latest secondary fund at $7 billion… |
- | Secondaries giant Lexington seals $1bn BC Partners fund commitments deal | Secondaries giant Lexington Partners has secured a $1bn deal with BC Partners which will see it buy LP commitments from the firm’s European Capital IX vehicle… |
- | You can no longer avoid Secondaries | There has never been a better time for LPs and GPs to utilise the market. Blink and you might have missed it. In a year when primary managers raised $272.3 billion for buyouts alone, the secondaries market – once a fledgling cottage industr... |
- | Lexington expands LatAm presence with Chile office | Global private equity firm Lexington Partners has expanded its operations in Latin America with the opening of an office in Santiago, Chile… |
- | Lexington’s 6th Secondary Fund Wraps Up at $3.5B, For Now | Lexington Partners has held a final closing of its sixth secondary fund, although it remains to be seen just how ‘final’ final is. The New York-based secondary shop held a final closing on $3.5 billion for Lexington Partners VI LP in August... |
- | Stapled Deal helps TPG Asia VII Over the Line | A roughly $1bn secondaries deal with Lexington Partners has helped the firm secure a final close above its target. TPG has held the final close on its latest Asia-dedicated fund, after two years of fundraising, a rebuild of its management t... |
- | Lexington holds $1.57bn final close for third co-investment fund | Secondary private equity and co-investment specialist Lexington Partners has closed its latest fund on $1.57bn… |
- | Lexington Partners Crosses $3 Billion Mark | Lexington Partners has closed on $3.108 billion in capital commitments toward its seventh fund… |
- | Lexington Plots First Close on Secondary Fund at About $2.5B | Facing an unprecedented buyer’s market for limited partnership interests, New York-based Lexington Partners expects to hold a first close on its seventh secondary fund in early 2009… |
- | Lexington Buys $1.2bn Secondary Interest in Metalmark Fund | Private equity secondaries major Lexington Partners has agreed to buy 80 percent of Citigroup’s $1.5bn interest in Metalmark Capital Partners II… |
- | Lexington seals Irish pension deal | The National Pensions Reserve Fund has signed a deal with Lexington Partners to offload €800m worth of private equity fund stakes… |
- | Lexington, StepStone Pick Up Citigroup Private Equity Fund Interests | US private equity firms Lexington Partners and Stepstone Group have picked up interests in Citigroup’s private equity funds… |
- | Lexington Buys Lion’s Share of Citigroup’s Stake in Metalmark Fund | Secondaries buyer Lexington Partners said it agreed to purchase the lion’s share of a $1.5 billion commitment from Citigroup Inc. to a fund managed by midmarket buyout firm Metalmark Capital… |
- | Lexington to pick up $1bn private equity fund portfolio from Mizuho Financial | Global secondaries player Lexington Partners has reportedly agreed to pick up a $1bn private equity portfolio from Japanese bank Mizuho Financial Corp… |
- | Lexington Closes Third Midmarket Investors Fund | New York-based secondaries specialist surpasses $750 million target for third mid-market offering… |
- | The 20 most influential 2011- The future of European private equity is in their hands. | Brent Nicklas, Lexington Partners, Founder and Managing Partner… |
- | Lexington Partners Raises Largest-Ever Secondary Fund | Lexington Partners wrapped up its latest secondary fund at the vehicle’s $7 billion hard cap, making it the largest-ever offering raised to invest in existing stakes in private equity… |
- | Lexington raises $1.6bn for co-investments | The firm’s third co-investment fund brings Lexington’s total capital raised for co-investments to about $4bn since 1998… |
- | Lexington Partners Wraps Up Fourth Mid-Market Secondary Fund at $2.66bln | Lexington Partners has closed its fourth middle-market secondary fund at $2.66 billion, beating its $2 billion target… |
- | Lexington Bets on Mid-Market Secondary Growth With $2.6 Billion Fund | Lexington Partners has raised the firm’s fourth middle market fund, Lexington Middle Market Investors IV LP valued at around $2.6 billion… |
- | Lexington Partners agrees deal for €600m Irish pension private equity portfolio | Private equity secondaries giant Lexington Partners has reportedly picked up a €600m portfolio of stakes in US and European private equity funds held by Ireland’s National Pensions Reserve Fund… |
- | The Great Arbitrage | Brent Nicklas, Managing Partner at Lexington Partners, contributes one of the most interesting recent takes on the evolution of global private equity post the GFC, and Asia’s place in it… |
- | Lexington Partners Extends Fundraising Period, May Aim for Largest Ever Secondaries Fund | Private equity secondaries giant Lexington Partners has gained an extension on the fundraising period for its seventh fund. The firm received approval from LPs to continue fundraising beyond its target. Lexington had planned to hold a final... |
- | Secondaries Stalwart | January 15, 2020 |
- | Lexington Preps Fourth Midmarket Secondary Fund | The firm wrapped up its eighth core secondary fund earlier this year at $10 billion… |
- | With $750M in Hand, Lexington Goes Global With Third Co-Investment Fund” | Lexington Partners has rounded up half of the $1.5 billion it seeks for its third co-investment fund… |
- | Lexington Partners Wraps Seventh Fund | Lexington Partners, the largest dedicated secondary private equity manager, closed its seventh fund at $7 billion… |
- | Secondaries Surge | All the signs point to a groundswell of secondary deals in 2012… |
- | BC Investors Agree $1Bn Secondaries Deal With Lexington | Twenty-two LPs sold stakes to Lexington Partners, which has made a stapled commitment of around $300m to BC Partners’ latest fund… |
- | One Equity Closes First Fund with Outside Capital at $1.65 Billion | J.P. Morgan Chase spinout wraps up Fund VI above $1.5 billion target… |
- | Lexington closes record secondaries fund | Lexington Partners has closed its eighth secondaries fund on $10.1bn (€9.36bn), the largest amount ever raised for the strategy… |
- | Secondaries Fundraising Activity More Than Triples Year-On-Year | Private equity secondaries fundraising has more than tripled so far in 2014 thanks to eight funds attracting increased attention from LPs… |
- | Lexington Partners Raises $1.57 Bln for Fund | Lexington Partners closed $1.57 billion for its third fund, Lexington Co-Investment Partners III… |
- | Lexington Capital Partners VII Collects More Than $3.1B | Lexington Partners has raked in more than $3.1 billion for Lexington Capital Partners VII LP, according to Securities and Exchange Commission filings. The secondary vehicle, which has a $5 billion target, sought to close on $4 billion in ea... |
- | Lexington to Buy $1B Portfolio from Irish Pension | Lexington Partners reached an agreement to acquire a roughly $1 billion portfolio of U.S. and European private equity funds from Ireland’s National Pensions Reserve Fund… |
- | Lexington Surpasses $5B Target for Fund VII | Lexington Capital Partners has surpassed the $5 billion target for its latest secondary vehicle, according to filings with the Securities and Exchange Commission. The New York-based firm has raised $3.9 billion for Lexington Capital Partner... |
- | Lexington Partners Picks up £470m European Buy-Out Portfolio from Lloyds Banking Group | US private equity secondaries specialist Lexington Partners has acquired a £470m portfolio of private equity fund interests from Lloyds Banking Group as banks on both sides of the Atlantic move to divest… |
- | Lexington Nears Roughly $1.5 Billion First Closing for Fourth Midmarket Fund | Close would take vehicle three-quarters of the way toward a $2 billion target… |
- | Lexington raises largest ever secondaries fund | Lexington Partners reached a final close on its eighth global secondaries fund at the hard cap of $10.1 billion. It is the largest dedicated secondaries vehicle ever raised… |
- | Exclusive: Lexington collects $6bn for Fund VIII | Lexington Partners has collected at least $6 billion for its eighth secondaries fund… |
- | NPRF confirms €800m secondary sale to Lexington Partners | Ireland’s National Pensions Reserve Fund (NPRF) has confirmed a reported €800m sale of private equity fund stakes to secondaries specialist Lexington Partners… |
- | Lexington Taps Growing Interest in Middle Market | Secondary buyer Lexington Partners has held a final close on Lexington Middle Market Investors, a $550 million fund… |
- | Secondary Firms See New Sources of Deal Flow | Ken Sawyer, founding partner of secondary firm Saints Capital, has sealed three deals this year in which hedge funds were the sellers. He expects such opportunities to increase, and he isn’t alone. With the credit markets on pause and the s... |
- | Lexington Raises Record $10.1B Fund for Secondary Stakes | Lexington Partners raised an unprecedented $10.1 billion to purchase stakes in private equity funds and private equity-backed companies on the secondary market on the heels of a record year for such deals… |