Lexington Eyes Up to $6B for Two New Secondary Funds

After raising an eye-popping $3.8 billion secondary fund less than a year ago, Lexington Partners will soon return to raise a successor with a $5 billion target, according to founder and Managing Partner Brent Nicklas. If the latest fund – which could hit the...

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Secondary Firms See New Sources of Deal Flow

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...

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