Lexington Partners Crosses $3 Billion Mark
Lexington Partners has closed on $3.108 billion in capital commitments toward its seventh fund, according to regulatory filings. The New York-based secondaries firm launched fundraising for Lexington Capital Partners VII LP in early 2008 with a $5 billion target. As of last week, the firm had secured $2.378 billion in commitments from 91 US-based investors and $730.2 million in commitments from 48 overseas investors. Park Hill is serving as placement agent.
17 March 2010•1 min read
