The commitment is a re-up for Ohio, which committed $40m to the Jeremy Coller-led firm's fifth fund in 2006.
The partnership will make direct secondary investments in French private equity, with a focus on venture capital, leveraged buyouts and growth capital.
The secondaries firm has added a principal in New York and has promoted Jason Sambanju to managing director and co-head of the firm’s Asian operations.
The firm has appointment Jeffrey Granoff as principal after opening a New York office. More appointments are expected in the first quarter of 2011 as the firm looks to deploy its $250m debut fund.
The Dallas-based firm has named Bernhard Engelien as a partner in London and has added two vice presidents, one in Dallas and one in New York.
Lexington will purchase 33 LP stakes, most of which Lloyds had reportedly acquired when it took over HBOS.
Gerry Grimstone will step down as chairman of Candover Investments as the investment team breaks away to form a new entity, Arle Capital Partners.
London-based Hollyport Capital hit the halfway mark in fundraising for its third secondaries fund, targeting £30m.
The Indian financial services firm will pay $171.5m for a 55% stake in Landmark Partners. Religare bought a stake in fund of funds Northgate Capital earlier this year.
The secondaries specialist has joined peers AXA and Lexington on the fundraising trail as it tries to match its 2007 fundraising total.
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