Citigroup is near a deal to sell a portfolio of roughly $1 billion of private-equity investments to Lexington Partners, a transaction that would be one of the biggest ever in the market for so-called secondary private-equity interests…
Read Full Article »Citigroup has agreed to sell a portfolio of private equity interests for more than $900 million to Lexington Partners…
Read Full Article »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 close on the fund, which...
Read Full Article »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 obtained by LBO Wire. The $4...
Read Full Article »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 early 2009, LBO Wire reported...
Read Full Article »