# Lexington Partners: portfolio, investments and team > Lexington Partners is a private equity based in United States. 5 investments on record, latest Oct 2018. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/lexington-partners (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Lexington Partners Filed with the SEC to raise a fund in Apr 2026, closing $261M. Last cheque observed Oct 2018. Email Quiet New fund $261M, Apr 2026 Private equity Seed Series A Growth Private Equity Secondaries Co-investment Follow Lexington Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Flexington-partners) Cheques on record **0%** of best year **0** **cheques in 12 months**, 5 on record Since the last cheque **2934** days **00** hrs **00** min **00** sec Median round **$25M** Rounds led **0 of 5** Exits **1 from the portfolio** Mostly in **United States, 100%** Pitch Lexington Partners ## Lexington Partners highlights - 01 5 rounds on record - 02 Mostly Debt and Series D: 40% of its rounds - 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:** Seed Series A Growth Pre-IPO - **Sectors:** Private Equity Secondaries Co-investment - **Based in:** New York, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **5 appearances** - **2018** 1 round - **Oct** **[Sovrn](https://millionrounds.com/company/sovrn)** Series E · US · Adexchanger **$25M** With 3 others - **2014** 2 rounds - **Dec** **[CardioKinetix](https://millionrounds.com/company/cardiokinetix)** Series F · US **$50M** With 4 others - **Jan** **[PowerVision](https://millionrounds.com/company/powervision)** Series D · US **$20M** With 6 others - **2010** 1 round - **Dec** **[Movik Networks](https://millionrounds.com/company/movik-networks)** Debt · US · masshightech.com **$3.0M** With 2 others - **2006** 1 round - **Sept** **[Websense](https://millionrounds.com/company/websense)** Venture · US · deals.venturebeat.com **$18M** With 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 registration **24 named** BD **Bart D. Osman** Executive Officer of the GP of the GP. i Filing they signed BR **Brent R. Nicklas** Director 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 partner i Filing they signed CB **Charles Bridgeland** Executive Officer i Filing they signed CR **Charles R. Grant** Executive Officer i Filing they signed CB **Christophe Browne** Executive Officer i Filing they signed CP **Clark Peterson** Executive Officer i Filing they signed DB **David B. Outcalt** Executive Officer of the GP of the GP. i Filing they signed DA **Duncan A. Chapman** Executive 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 partner i Filing they signed EL **Elizabeth Lee Richards** Chief Compliance Officer i Form ADV JD **James D. Pitt** Executive Officer i Filing they signed JP **Jason Paul Kahn** General Counsel i Form ADV JB **Jeffrey Bloom** Executive Officer i Filing they signed JW **Jennifer W. Kheng** Executive Officer i Filing they signed JG **John G. Rudge** Executive Officer i Filing they signed JL **John Lee** Executive Officer i Filing they signed JL **John Loverro** Executive Officer of the GP of the GP. i Filing they signed JM **Jose M. Sosa del Valle** Executive Officer i Filing they signed KM **Kirk M. Beaton** Executive Officer i Filing they signed LJ **Lee J. Tesconi** Executive 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 partner i Filing they signed MM **Mark M. Andrew** Executive Officer i Filing they signed MW **Marshall W. Parke** Executive 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 partner i Filing they signed MH **Matthew Hodan** Executive Officer i Filing they signed NR **Nick R. Harris** Executive 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 partner i Filing they signed PB **Pal B. Ristvedt** Executive Officer i Filing 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 **$82B** assets it manages, 2 advisers combined Oct 2026 **Registered** investment adviser full 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 - Lexington Capital Partners X, L.P. *Private equity* 429 investors $19B - Lexington Capital Partners IX, L.P. *Private equity* 464 investors $12B - Lexington Capital Partners VIII, L.P. *Private equity* 384 investors $6.8B - LCP X (Luxembourg) Master SCSP *Private equity* 117 investors $3.7B - Lexington Middle Market Investors IV, L.P. *Private equity* 183 investors $2.4B - LCP IX (Luxembourg) Master SCSP *Private equity* 57 investors $2.3B - Lexington Co-Investment Partners V, L.P. *Private equity* 15 investors $2.1B - Lexington Capital Partners VII, L.P. *Private equity* 309 investors $1.4B - Lexington Co-Investment Partners IV, L.P. *Private equity* 11 investors $1.3B - Lexington Co-Investment Partners VI, L.P. *Private equity* 15 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 Investments** 10 funds *$1.6B*](https://millionrounds.com/fund/minnesota-state-board-of-investments) Fund Vintage Committed Lexington Co-Investment Partners VI 2023 $300M Lexington Capital Partners X 2021 $100M Lexington Co-Investment Partners V Overage 2021 $45M Lexington Co-Investment Partners V 2020 $300M Lexington Capital Partners IX 2018 $150M Lexington Co-Investment Partners IV 2017 $200M Lexington Middle Market Investors IV 2016 $100M Lexington Capital Partners VIII 2014 $150M and 2 more ## Exits from the portfolio Companies it backed that were later bought or listed **1 in all** **[Websense](https://millionrounds.com/company/websense)** Bought by Raytheon Co. **$1.9B** Apr 2015 An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **$261M** raised in Apr 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Growth Median round joined **$25M** the round, not its cheque Led 0 of 5 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Oct 2018 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Debt *1* - Series D *1* - Series E *1* - Series F *1* - Venture *1* - Seed said *-* - Series A said *-* Cheques by year Led Joined 2006 2018 **Pitching Lexington Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Lexington Partners put money into. [**Sovrn** $25M · Oct 2018](https://millionrounds.com/company/sovrn) ## On podcasts 1 episode naming Lexington Partners in the title, and 2 more that mention it. - [Alt Goes Mainstream](https://millionrounds.com/podcasts/alt-goes-mainstream) 3 Feb 2026 · 57 min Lexington Partners' Taylor Robinson - secondaries in the spotlight Mentions [Lexington Partners](https://millionrounds.com/fund/lexington-partners)[Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Apple PodcastsShow page ### Mentioned in - [Alt Goes Mainstream](https://millionrounds.com/podcasts/alt-goes-mainstream) 2 Dec 2025 · 52 min Franklin Templeton's George Stephan - bringing public and private together Apple PodcastsShow page - [How I Invest](https://millionrounds.com/podcasts/how-i-invest) 15 Oct 2025 · 52 min E226: How Franklin Templeton Built a $1.6 Trillion Business Through Partnerships Apple PodcastsShow page ## 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. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=lexington-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=lexington-partners)