Lexington Partners Raises $22.7 Billion for Global Secondary Fund Providing Liquidity Solutions to Owners of Private Investments
Franklin Resources(BEN) Prnewswire·2024-01-09 12:00
– Lexington Capital Partners X Significantly Surpasses Target – NEW YORK, Jan. 9, 2024 /PRNewswire/ -- Lexington Partners ("Lexington"), a leading manager of secondary acquisition funds, today announced the completion of fundraising for Lexington Capital Partners X, L.P. ("LCP X") with $22.7 billion of total capital commitments. The fund surpassed its $15 billion fundraising target and significantly exceeded Lexington's prior secondary fund, LCP IX, which closed on $14 billion in 2020. LCP X's strategy is ...