Citi to Sell $1 Billion of Private Equity Investments

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…

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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 obtained by LBO Wire. The $4...

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