Lexington Today

Lexington Today

An Industry Leader and Pioneer

Lexington Partners is one of the world’s largest and most successful independent managers of secondary private equity and co-investment funds. Since 1990, Lexington Partners has organized 20 secondary funds and 9 co-investment pools with total capital of $52 billion. Our investors include more than 1,000 leading public and corporate pension funds, sovereign wealth funds, insurance companies, financial institutions, endowments, foundations, and family offices from more than 40 countries.

Lexington Partners helped pioneer the development of the institutional secondary market 30 years ago and created one of the first independent, discretionary co-investment programs 22 years ago. Today, Lexington Partners has:

  • Acquired over 2,900 secondary interests through more than 500 secondary transactions with a total value in excess of $48 billion, including $13 billion of syndicated transactions
  • Invested $5.6 billion in over 350 co-investments alongside more than 160 sponsors
  • Committed $2.2 billion to over 450 primary funds

$56 Billion

Total value of secondary, co-investment, and primary interests acquired, including $13 billion syndicated to co-investors and LPs

3,700+

Secondary, co-investment, and primary interests acquired since inception

700+

GPs in Lexington’s cumulative investment portfolio

Diversification of Investments:
Prior Ten Years

Lexington has constructed a highly diversified global portfolio of private equity and alternative investments. Lexington has meaningful participation in each of the major sectors and has made significant investments in the United States, U.K. / Europe, and increasingly in the growth markets of Asia.

Diversification by Sector

Diversification by Geography

Lexington’s success is based on the stability and experience of our professional team. Since inception, Lexington has had low staff turnover fostering retention of knowledge as well as key sponsor and counterparty sourcing relationships. Lexington’s 37 partners and principals each average 16 years of alternative investment experience and more than 13 years together at Lexington. The firm’s partners and principals are supported by investment professionals skilled in the evaluation and analysis of global secondary, co-investment, and primary opportunities, and by a talented team of investor relations, accounting and fund administration, and legal and compliance professionals.

Lexington believes that private equity and alternative investment sponsors have the ability to enhance their long-term performance through an understanding of Environmental, Social and Corporate Governance (ESG) issues affecting their portfolio companies. Lexington has a responsible investment policy, is a signatory to the Principles for Responsible Investment (PRI), and acts as a good steward of investors’ capital by collaborating with our diverse portfolio of sponsors regarding ESG best practices.

Lexington Partners is a global firm with seven offices strategically located in major centers for private equity and alternative investing – New York, Boston, Menlo Park, London, Hong Kong, Santiago, and Luxembourg. In addition, Lexington Partners has Senior Advisors covering Asia, Australia, and the United States.