The mid-market investment bank earlier hired Alex Mejia from Goldman Sachs to co-lead its GP-led focused advisory business.
The firm’s predecessor vehicle, Lexington Capital Partners IX, closed on $14bn in 2020.
As affiliate title Private Equity International celebrates its 21st anniversary this December, we look back at how far the secondaries market has come over the past two decades.
Defined contribution schemes in the UK are forecast to grow to more than £1trn in assets by 2030.
The fundraising comes as its secondaries unit, Strategic Partners, eyes as much as $20bn for its latest private equity flagship.
The former head of alternative investments at healthcare provider Kaiser Permanente is expected to focus on growth equity, VC and secondaries activity.
The portfolio is understood to comprise private equity, credit, growth and infrastructure stakes in a Campbell Lutyens-advised process.
As a growing number of LPs look to buy and sell private equity fund stakes in the coming months, are there bargains still to be had?
Economic dislocation spurred by runaway inflation and rising interest rates is making it harder to close secondaries deals as the gap between buyer and seller pricing expectations widens.
Recent activity suggests buyers may be purposefully baking in more headroom as macroeconomic and market conditions remain challenging, according to data from Palico.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: