Side Letter: Lex’s $1.75bn sale; Allianz’s PE particulars; SoftBank’s Fortress of solitude

Secondaries pioneer Lexington Partners is the latest specialist to get snapped up in this year's M&A frenzy. Plus: Inside Allianz's debut third-party private equity strategy and SoftBank is trying to offload permanent capital unit Fortress. Here's today's brief, for our valued subscribers only.