Our expertise
Lexington Partners’ substantial investment experience and established leadership position in the global secondary and co-investment markets distinguish the firm.
US$77B
Assets under management
8
Global locations
30+
Years investing in private equity
Data as of 30/06/2025.
Team snapshot
High retention of senior professionals, who have invested together throughout multiple market cycles, has helped Lexington Partners establish global sourcing networks and build extensive sponsor relationships with access to information and high-quality deal flow.
Strong partnership culture
26 partners averaging 19 years together at Lexington
Extensive investment talent
85 investment professionals averaging 10 years of private equity experience
Robust global presence
190+ employees across eight offices in major centres for private equity
Leading secondary market position
We have assembled one of the world’s largest portfolios of private investment funds.
Large co-investment program
We created one of the first discretionary co-investment programs over 26 years ago.
Global sponsor and sourcing relationships
Extensive sponsor relationships and long-standing sourcing networks offer access to information and high-quality deal flow.
Established reputation
Enduring global brand and an experienced counterparty with low execution risk.
Strategy overview
Leading secondary manager
Lexington’s secondary funds have been organised to acquire global private equity interests through negotiated secondary market transactions.
The long-term nature of private equity and alternative investments can present secondary market opportunities when factors such as portfolio rebalancing, government regulation, overallocation and general liquidity needs give rise to investors actively managing their private investment allocations.
Lexington’s counterparty reputation, breadth of relationships and strength of capital are widely recognised by global sellers.
Target transactions
Partnership portfolios, GP-led transactions, opportunistic deal flow and primary commitments
Investment size
Complex, multi-billion-dollar portfolios to single interest acquisitions
Contact us
Ready to explore partnership opportunities? Contact us today to gain access to our comprehensive range of products and services.
Our knowledge hub
Education
Alternatives education by Franklin Templeton
The Franklin Templeton knowledge hub provides educational resources to help empower partners to navigate alternative investments. Explore our knowledge hub section to find out more about our experts’ latest thinking, unique opportunities, and an in-depth understanding of the alternatives market.
Insight
Accessing private assets: Liquidity in an illiquid world
The first in our ‘Accessing Private Assets’ series aimed at providing transparency on private asset products, we explore how managers support the periodic liquidity (subscriptions and redemptions) available to investors in semi-liquid fund structures.
Insight
The cost of being too liquid
Private markets have historically delivered an “illiquidity premium” which has been captured by many institutions in their asset allocation to alternatives. Learn more about the illiquidity premium and get some ideas about allocating to private markets.
Insight
Unlocking opportunities: Understanding the growing secondary market
The global secondary market has grown over the past three decades primarily because of the increased supply of capital committed to private investment funds, according to Lexington Partners. They believe the backdrop for the secondary market continues to remain attractive.
Lexington Partners is a Specialist Investment Manager (“SIM”), part of the Franklin Templeton Group.
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