Firm at-a-glance
Lexington Partners’ substantial investment experience and established leadership position in the global secondary and co-investment markets distinguish the firm.
Team snapshot
High retention of senior professionals, who have invested together throughout multiple market cycles, has helped Lexington Partners establish global sourcing networks and build extensive sponsor relationships with access to information.
Strong partnership culture
26 partners averaging 18 years together at Lexington
Extensive investment talent
85 investment professionals averaging 10 years of private equity experience
Robust global presence
Over 190 employees across eight offices in major centers for private equity
Leading secondary market position
We have assembled one of the world’s largest portfolios of private investment funds.
Large co-investment program
We created one of the first discretionary co-investment programs over 25 years ago.
Global sponsor and sourcing relationships
Extensive sponsor relationships and longstanding sourcing networks offer access to information and high-quality deal flow.
Established reputation
Enduring global brand and an experienced counterparty with low execution risk.
Strategy overview
Knowledge hub
Insight
Unlocking opportunities: Understanding the growing secondary market
The global secondary market has grown over the past three decades primarily because of the increased supply of capital committed to private investment funds, according to Lexington Partners. They believe the backdrop for the secondary market continues to remain attractive.
Course
Franklin Templeton Alternatives Education
Earn CE credit while exploring the opportunities with private equity, evaluate its stages (venture capital, growth equity and buyout) and examine why the current market environment requires a different playbook.
Insight
Alternative Allocations: The growth and diversification of secondaries
Secondary funds, commonly referred to as secondaries or continuation transactions, purchase existing interests from limited partners (LPs) or assets from primary private equity fund investors.
Important Information
Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.
Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Important data provider notices and terms available at www.franklintempletondatasources.com.
You need Adobe Acrobat Reader to view and print PDF documents. Download a free version from Adobe's website.
Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliates companies. Prior to July 7, 2021, Franklin Templeton Distributors, Inc., and Legg Mason Investor Services, LLC served as mutual fund distributors for Franklin Templeton. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE. Reports and other information about the fund are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.