Lexington Partners has collected about $7.27 billion for its eighth secondaries and co-investments fund, according to documents filed with the US Securities and Exchange Commission on Friday.
About $6.3 billion of the capital raised is listed on the SEC documents and an additional $900 million has been collected to invest alongside the fund and in deals that exceed the fund’s investment strategy.
Lexington Capital Partners VIII launched in September 2013 with an $8 billion target, PEI’s Research and Analytics division disclosed. It had collected $6 billion as of November 2014 and at least $3 billion as of March.
The fund is expected to reach its target on or before 17 April, according to SEC documents.