Innovative Directions in Alternative Investing
Founded in 1994, Lexington Partners is one of the world’s largest independent managers of secondary private equity and co-investment funds with over $38 billion in committed capital.
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 industry where $1 billion was...
Investors generally expect to lock their money into a private equity fund for 10 years but secondary market activity - the buying and selling of assets before the end of a PE fund’s agreed term - is becoming increasingly popular. Deals worth a record $58bn were...