Lexington Partners Extends Fundraising Period, May Aim for Largest Ever Secondaries Fund
Private equity secondaries giant Lexington Partners has gained an extension on the fundraising period for its seventh fund. The firm received approval from LPs to continue fundraising beyond its target. Lexington had planned to hold a final close on the fund, which has a $5 billion target, by the end of Q1. But with just over $4.1 billion in commitments, Lexington asked investors for an extension.
30 April 2010•3 mins read
