The firm, founded by Siguler Guff's former secondaries head Anthony Cusano, will focus mainly on acquiring stakes in distressed, special situations and credit funds.
The firm's strategic equity unit has held the final close on its third fund which is already 20% invested.
Leading market participants from Canada Pension Plan Investment Board, Partners Group, Kirkland & Ellis, HarbourVest Partners, Glendower Capital and more share their bold predictions in this seven-minute video.
In this latest excerpt from MJ Hudson's secondaries guide, executives from PJT Park Hill, Capital Dynamics, Montana Capital partners and more share nuggets of advice.
Executives from Campbell Lutyens, Greenhill, UBS, Pantheon and more share their thoughts for MJ Hudson's guide to the secondaries market.
While LCP IX will be able to invest in a range of asset classes, Lexington is 'firmly rooted in the private equity world', partner Pal Ristvedt tells Secondaries Investor.
The promotions at the firm include one to partner as it invests its $2bn third fund.
The alternatives asset management consultancy has compiled a guide to secondaries sales which includes checklists for potential sellers and an example NDA.
Yaron Zafir is stepping down from the advisory firm and placement agent after having founded its GP-leds strategy in 2014.
Capital raising for the strategy fell to a four-year low last year with expectations of large closes this year, according to Secondaries Investor data.