Lexington Partners

Lexington Partners is a global alternative investment manager focused on secondary private equity and co-investment funds. The firm's secondary strategy involves acquiring private equity and alternative asset partnership portfolios from existing investors. Its co-investment program makes equity co-investments alongside leading private equity sponsors, primarily in U.S. and European companies. Founded in 1994, Lexington Partners helped pioneer the institutional secondary market. In April 2022, the firm was acquired by Franklin Templeton and now operates as its specialist investment manager for secondary private equity and co-investments.