United States · Investor

Lexington Partners

Filed with the SEC to raise a fund in Apr 2026, closing $261M. Last cheque observed Oct 2018.

QuietNew fund $261M, Apr 2026Private equity

SeedSeries AGrowthPrivate EquitySecondariesCo-investment

Cheques on record
0%of best year0cheques in 12 months, 5 on record
Since the last cheque2934days00hrs00min00sec
Median round$25MRounds led0 of 5Exits1 from the portfolioMostly inUnited States, 100%
Pitch Lexington Partners

Lexington Partners highlights

  1. 01

    5 rounds on record

  2. 02

    Mostly Debt and Series D: 40% of its rounds

  3. 03

    1 exits from the portfolio

What they do

Lexington Partners is one of the world’s largest and most trusted managers of secondary private equity and co-investment funds.From their own website
Type
Private equity (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries AGrowthPre-IPO
Sectors
Private EquitySecondariesCo-investment
Based in
New York, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first5 appearances

  1. 2018

    1 round

  2. Oct
    SovrnSeries E · US · Adexchanger$25MWith 3 others
  3. 2014

    2 rounds

  4. Dec
    CardioKinetixSeries F · US$50MWith 4 others
  5. Jan
    PowerVisionSeries D · US$20MWith 6 others
  6. 2010

    1 round

  7. Dec
    Movik NetworksDebt · US · masshightech.com$3.0MWith 2 others
  8. 2006

    1 round

  9. Sept
    WebsenseVenture · US · deals.venturebeat.com$18MWith 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration24 named

BDBart D. OsmanExecutive Officer of the GP of the GP.iFiling they signed
BRBrent R. NicklasDirector and President of Lexington Advisors Inc., the managing member of Lexington Partners GP Holdings III LLC, the general partner of Lexington Middle Market Associates II, L.P., the general partneriFiling they signed
CBCharles BridgelandExecutive OfficeriFiling they signed
CRCharles R. GrantExecutive OfficeriFiling they signed
CBChristophe BrowneExecutive OfficeriFiling they signed
CPClark PetersonExecutive OfficeriFiling they signed
DBDavid B. OutcaltExecutive Officer of the GP of the GP.iFiling they signed
DADuncan A. ChapmanExecutive Vice President of Lexington Advisors Inc., the managing member of Lexington Partners GP Holdings III LLC, the general partner of Lexington Middle Market Associates II, L.P., the general partneriFiling they signed
ELElizabeth Lee RichardsChief Compliance OfficeriForm ADV
JDJames D. PittExecutive OfficeriFiling they signed
JPJason Paul KahnGeneral CounseliForm ADV
JBJeffrey BloomExecutive OfficeriFiling they signed
JWJennifer W. KhengExecutive OfficeriFiling they signed
JGJohn G. RudgeExecutive OfficeriFiling they signed
JLJohn LeeExecutive OfficeriFiling they signed
JLJohn LoverroExecutive Officer of the GP of the GP.iFiling they signed
JMJose M. Sosa del ValleExecutive OfficeriFiling they signed
KMKirk M. BeatonExecutive OfficeriFiling they signed
LJLee J. TesconiExecutive Vice President of Lexington Advisors Inc., the managing member of Lexington Partners GP Holdings III LLC, the general partner of Lexington Middle Market Associates II, L.P., the general partneriFiling they signed
MMMark M. AndrewExecutive OfficeriFiling they signed
MWMarshall W. ParkeExecutive Vice President of Lexington Advisors Inc., the managing member of Lexington Partners GP Holdings III LLC, the general partner of Lexington Middle Market Associates II, L.P., the general partneriFiling they signed
MHMatthew HodanExecutive OfficeriFiling they signed
NRNick R. HarrisExecutive Vice President of Lexington Advisors Inc., the managing member of Lexington Partners GP Holdings III LLC, the general partner of Lexington Middle Market Associates II, L.P., the general partneriFiling they signed
PBPal B. RistvedtExecutive OfficeriFiling they signed

We also hold 161 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$82Bassets it manages, 2 advisers combinedOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
Lexington Advisors LLC
SEC number
CRD 107364

Funds on its Form ADV

103 private funds, $74B in gross assets · filed Dec 2024

  1. Lexington Capital Partners X, L.P.Private equity429 investors$19B
  2. Lexington Capital Partners IX, L.P.Private equity464 investors$12B
  3. Lexington Capital Partners VIII, L.P.Private equity384 investors$6.8B
  4. LCP X (Luxembourg) Master SCSPPrivate equity117 investors$3.7B
  5. Lexington Middle Market Investors IV, L.P.Private equity183 investors$2.4B
  6. LCP IX (Luxembourg) Master SCSPPrivate equity57 investors$2.3B
  7. Lexington Co-Investment Partners V, L.P.Private equity15 investors$2.1B
  8. Lexington Capital Partners VII, L.P.Private equity309 investors$1.4B
  9. Lexington Co-Investment Partners IV, L.P.Private equity11 investors$1.3B
  10. Lexington Co-Investment Partners VI, L.P.Private equity15 investors$1.2B

And 93 more on the filing.

Who backs their funds

1 LP on record in Lexington Partners's funds

Committed
$1.6B
Funds
10
Vintages
2005 to 2023

The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Jun 2026.

  • Minnesota State Board of Investments10 funds$1.6B
    FundVintageCommitted
    Lexington Co-Investment Partners VI2023$300M
    Lexington Capital Partners X2021$100M
    Lexington Co-Investment Partners V Overage2021$45M
    Lexington Co-Investment Partners V2020$300M
    Lexington Capital Partners IX2018$150M
    Lexington Co-Investment Partners IV2017$200M
    Lexington Middle Market Investors IV2016$100M
    Lexington Capital Partners VIII2014$150M

    and 2 more

Exits from the portfolio

Companies it backed that were later bought or listed1 in all

WebsenseBought by Raytheon Co.$1.9BApr 2015

An exit counts when it came after the firm's first round in the company. From historical deal records.

Recently backed

The latest companies Lexington Partners put money into.

On podcasts

1 episode naming Lexington Partners in the title, and 2 more that mention it.

Mentioned in

Quick answers about Lexington Partners

What does Lexington Partners invest in?

Lexington Partners invests most often at Debt and Series D (40% of the rounds on record), in sectors such as Private Equity, Secondaries and Co-investment.

How active is Lexington Partners?

5 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2018.

What has Lexington Partners invested in recently?

Its most recent investments on record: Sovrn (Series E, Oct 2018).

How big are Lexington Partners's cheques?

The median round it joins is $25M.

Does Lexington Partners lead rounds?

Rarely, if at all: none of its 5 investments on record names it as the lead.

Where does Lexington Partners invest?

Most of the companies it backs are in the United States (100%).

Is Lexington Partners investing now?

No investments in the last 12 months; the latest was in Oct 2018.

What kind of investor is Lexington Partners?

Lexington Partners is a private equity firm based in New York, United States.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it