San Francisco – September 29, 2023 Wells Fargo Sells Private Equity Fund Investments Wells Fargo & Company (NYSE: WFC) announced today that it has sold to a group of leading investors approximately $2 billion of private equity investments in certain Norwest...
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 going short.
Read Full Article »New York – January 10, 2023 Lexington Partners L.P. (“Lexington”), a leading global manager of secondary private equity and co-investment funds, today announced that it has promoted seven professionals to Partner effective on January 1, 2023. “Congratulations to...
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.
Read Full Article »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 in the value of public stocks...
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