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 specter of an economic...
Read Full Article »Lexington Partners has closed on its largest secondary fund – again. The firm, which originally closed on $3.5 billion in August, reopened the fund to bring the total to $3.8 billion, according to several people familiar with the firm. The New York-based...
Read Full Article »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, well ahead of...
Read Full Article »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...
Read Full Article »Amid high investor interest for its new secondary fund, Lexington Partners has closed on $3.5 billion in commitments, at its cap. It may seek to raise the cap further before a final close, a person familiar with the matter said. Lexington Partners, which initially had...
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