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Lexington Partners Raises $22.7 Billion for Global Secondary Fund Providing Liquidity Solutions to Owners of Private Investments
BENFranklin 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 22.7billionoftotalcapitalcommitments. Thefundsurpassedits22.7 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 ...