Lexington Partners is a registered investment advisor founded in 1994 that specializes in managing secondary private equity funds, co-investment funds, and managed accounts. The firm is a wholly owned subsidiary of Franklin Resources, Inc. (operating as Franklin Templeton), though day-to-day operations are managed by Lexington's Operating Committee. Lexington focuses on capital appreciation by acquiring diversified portfolios of private investment fund interests primarily through secondary market transactions, as well as making primary market commitments and participating in co-investments and continuation vehicle transactions. Investment advice is provided directly to pooled investment vehicles rather than individual client accounts. The firm manages assets on a discretionary basis and serves clients including corporations, endowments, foundations, trusts, estates, sovereign wealth funds, high-net-worth individuals, and retirement plans. Lexington requires investors to be accredited investors and qualified purchasers, with typical minimum investment commitments starting at $5 million.
Fee Structure
Detailed fee information is not available for this advisor. View their full brochure on SEC.gov for fee details.