{"id":38,"date":"2024-09-30T18:32:01","date_gmt":"2024-09-30T18:32:01","guid":{"rendered":"http:\/\/lexington.local\/?page_id=38"},"modified":"2026-03-12T20:44:18","modified_gmt":"2026-03-12T20:44:18","slug":"primaries","status":"publish","type":"page","link":"https:\/\/www.lexingtonpartners.com\/investment-strategies\/primaries\/","title":{"rendered":"Primaries"},"content":{"rendered":"<section class=\"full-width relative  py-8 sm:py-24\">\n    <div class=\"acf-innerblocks-container\">\n<div class=\"column grid grid-cols-1 sm:grid-cols-12 items-center gap-6 md:gap-2 min-h-[600px]\">\n        <div class=\"column-content col-span-6 md:col-span-5 flex h-full items-center\">\n            <div class=\"acf-innerblocks-container\">\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading has-ocean-color has-text-color has-link-color wp-elements-8e5d4791c0630a0ec9a75b8e8b5f296a\">An Active Primary Investor<\/h3>\n\n\n\n<p class=\"has-charcoal-color has-text-color has-link-color wp-elements-c458322b47b2e5c9ce8ad873e889b852\">Lexington Partners has been an active primary investor in private equity and alternative investments for over 28 years.<\/p>\n\n\n\n<p>Lexington believes that commitments to new private investment funds are beneficial additions to a secondary investment program and enhance ongoing relationships with leading global sponsors.<\/p>\n<\/div>\n\n<\/div>\n        <\/div>\n        <div class=\"hidden md:block md:col-span-1\"><\/div>\n        <div class=\"column-image col-span-6 h-[350px] md:h-full relative\">\n            <div class=\"w-full h-full absolute top-0 left-0\">\n                                    <div class=\"image-overlay relative w-full h-full overflow-hidden\">\n    <img decoding=\"async\" src=\"https:\/\/www.lexingtonpartners.com\/app\/uploads\/2024\/10\/lexington-partner-working-in-office-2.jpg\" alt=\"\" class=\"w-full h-full object-cover relative\">\n    <div class=\"absolute bottom-0 left-0 w-full h-[50%] bg-gradient-5 opacity-100 z-[0]\"><\/div>\n<\/div>\n                            <\/div>\n            \n        <\/div>\n    <\/div>\n\n<\/div>\n<\/section>\n\n\n<section class=\"full-width relative  bg-mist-300 py-4 sm:py-8\">\n    <div class=\"acf-innerblocks-container\">\n<div class=\"stats stats-md grid xxs:grid-cols-2 sm:grid-cols-3  uneven \">\n                                            <div class=\"stat py-12 text-center\">\n                    <span class=\"font-Eina font-light text-ocean mb-4 text-[28px] sm:text-[54px] xl:text-[56px]\">\n                        <span>$<\/span><span\n                            class=\"number\">3<\/span><span>B+<\/span>\n                    <\/span>\n                    <p class=\"text-[14px] sm:text-[16px] text-taupe\">In Total Committed <br>\u2028Primary Capital<\/p>\n                <\/div>\n                                            <div class=\"stat py-12 text-center\">\n                    <span class=\"font-Eina font-light text-ocean mb-4 text-[28px] sm:text-[54px] xl:text-[56px]\">\n                        <span><\/span><span\n                            class=\"number\">700+<\/span><span><\/span>\n                    <\/span>\n                    <p class=\"text-[14px] sm:text-[16px] text-taupe\">Primary Fund Investments <br> Completed Since 1998<\/p>\n                <\/div>\n                                            <div class=\"stat py-12 text-center\">\n                    <span class=\"font-Eina font-light text-ocean mb-4 text-[28px] sm:text-[54px] xl:text-[56px]\">\n                        <span><\/span><span\n                            class=\"number\">200+<\/span><span><\/span>\n                    <\/span>\n                    <p class=\"text-[14px] sm:text-[16px] text-taupe\">Primary Fund <br>\u2028Investment Sponsors<\/p>\n                <\/div>\n                    <\/div>\n    \n<\/div>\n<\/section>\n\n\n<section class=\"full-width relative  py-8 sm:py-24\">\n    <div class=\"acf-innerblocks-container\">\n<div class=\"column grid md:grid-cols-12 items-center gap-8 md:gap-2 min-h-[600px]\">\n        <div class=\"column-image col-span-6 order-3 md:order-1 h-[350px] md:h-full relative\">\n            <div class=\"w-full h-full  absolute top-0 left-0\">\n                                    <div class=\"image-overlay relative w-full h-full overflow-hidden\">\n    <img decoding=\"async\" src=\"https:\/\/www.lexingtonpartners.com\/app\/uploads\/2024\/10\/lexington-partners-team-of-three-meeting-4.jpg\" alt=\"\" class=\"w-full h-full object-cover relative\">\n    <div class=\"absolute bottom-0 left-0 w-full h-[50%] bg-gradient-5 opacity-100 z-[0]\"><\/div>\n<\/div>\n                            <\/div>\n        <\/div>\n        <div class=\"hidden md:col-span-1 md:block order-2\"><\/div>\n        <div class=\"column-content order-1 md:order-3 col-span-6 sm:col-span-5\">\n            <div class=\"acf-innerblocks-container\">\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading has-ocean-color has-text-color has-link-color wp-elements-cd8369b09abdfa5f83ed21fe4f7bee71\">Lexington\u2019s secondary program makes primary commitments in order to:<\/h3>\n\n\n\n<ul class=\"wp-block-list has-charcoal-color has-text-color has-link-color wp-elements-539f09ad0a3391db7dcc9f69cc80a6ee\">\n<li>Gain exposure to leading global sponsors<\/li>\n\n\n\n<li>Establish or strengthen Lexington\u2019s sponsor relationships<\/li>\n\n\n\n<li>Generate secondary deal flow through sponsor referrals<\/li>\n\n\n\n<li>Mitigate transfer risks<\/li>\n<\/ul>\n<\/div>\n\n<\/div>\n        <\/div>\n    <\/div>\n\n<\/div>\n<\/section>\n\n\n<section class=\"full-width relative  bg-mist-300 py-8 sm:py-24\">\n    <div class=\"acf-innerblocks-container\">\n<div class=\"column grid grid-cols-1 sm:grid-cols-12 items-center gap-6 md:gap-2 min-h-[600px]\">\n        <div class=\"column-content col-span-6 md:col-span-5 flex h-full items-center\">\n            <div class=\"acf-innerblocks-container\">\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading has-ocean-color has-text-color has-link-color wp-elements-c64595d2f8485fb84601ee611443d069\">Sector Focus<\/h3>\n\n\n\n<p class=\"has-charcoal-color has-text-color has-link-color wp-elements-787f0515cbcc7248a06feb81380f3ac3\">Lexington Partners has committed to more than 700 new funds in the U.S., U.K. \/ Western Europe, Latin America, and the Asia-Pacific region in all sectors including:<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<ul class=\"wp-block-list\">\n<li>Large &amp; mega buyout<\/li>\n\n\n\n<li>Small &amp; middle market buyout<\/li>\n\n\n\n<li>Growth capital<\/li>\n\n\n\n<li>Venture capital<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<ul class=\"wp-block-list\">\n<li>Mezzanine<\/li>\n\n\n\n<li>Credit<\/li>\n\n\n\n<li>Energy<\/li>\n\n\n\n<li>Infrastructure<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n        <\/div>\n        <div class=\"hidden md:block md:col-span-1\"><\/div>\n        <div class=\"column-image col-span-6 h-[350px] md:h-full relative\">\n            <div class=\"w-full h-full absolute top-0 left-0\">\n                                    <div class=\"image-overlay relative w-full h-full overflow-hidden\">\n    <img decoding=\"async\" src=\"https:\/\/www.lexingtonpartners.com\/app\/uploads\/2024\/10\/lexington-partners-colleagues-walking-down-staircase-2.jpg\" alt=\"\" class=\"w-full h-full object-cover relative\">\n    <div class=\"absolute bottom-0 left-0 w-full h-[50%] bg-gradient-5 opacity-100 z-[0]\"><\/div>\n<\/div>\n                            <\/div>\n            \n        <\/div>\n    <\/div>\n\n<\/div>\n<\/section>\n\n\n<section class=\"full-width\">\n    <div class=\"inner-full h-fit sm:h-[450px]\">\n        <div class=\"video-ctas video-ctas__2\">\n                                                                        <a href=\"https:\/\/www.lexingtonpartners.com\/team\/?group=Secondaries#members\" class=\"video-ctas__item\">\n                            <div class=\"video-ctas__item__overlay\"><\/div>\n                            <div class=\"video-ctas__item__video\">\n                                <video class=\"w-full h-full object-cover\"\n                                     poster=\"https:\/\/www.lexingtonpartners.com\/app\/uploads\/2024\/10\/C4784_Proxy_Preview-1.webp\"                                     playsinline muted loop>\n                                    <source src=\"https:\/\/www.lexingtonpartners.com\/app\/uploads\/2024\/11\/Our-Primary-Contacts.mp4\" type=\"video\/mp4\">\n                                    Your browser does not support the video tag.\n                                <\/video>\n                            <\/div>\n                            <h4 class=\"video-ctas__item__heading\">OUR <br> SECONDARIES TEAM<\/h4>\n                            <div class=\"video-ctas__item__arrow\">\n                                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 25 44\" fill=\"none\">\n                                    <path d=\"M2 2L22 22L2 42\" stroke=\"white\" stroke-width=\"3\" \/>\n                                <\/svg>\n                            <\/div>\n                        <\/a>\n                                                                                <a href=\"https:\/\/www.lexingtonpartners.com\/milestones\/\" class=\"video-ctas__item\">\n                            <div class=\"video-ctas__item__overlay\"><\/div>\n                            <div class=\"video-ctas__item__video\">\n                                <video class=\"w-full h-full object-cover\"\n                                     poster=\"https:\/\/www.lexingtonpartners.com\/app\/uploads\/2024\/11\/our-milestones.webp\"                                     playsinline muted loop>\n                                    <source src=\"https:\/\/www.lexingtonpartners.com\/app\/uploads\/2024\/11\/Our-Milestones.mp4\" type=\"video\/mp4\">\n                                    Your browser does not support the video tag.\n                                <\/video>\n                            <\/div>\n                            <h4 class=\"video-ctas__item__heading\">OUR <br> MILESTONES<\/h4>\n                            <div class=\"video-ctas__item__arrow\">\n                                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 25 44\" fill=\"none\">\n                                    <path d=\"M2 2L22 22L2 42\" stroke=\"white\" stroke-width=\"3\" \/>\n                                <\/svg>\n                            <\/div>\n                        <\/a>\n                                                        <\/div>\n    <\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":16,"featured_media":1539,"parent":28,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-38","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.lexingtonpartners.com\/wp-json\/wp\/v2\/pages\/38","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lexingtonpartners.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.lexingtonpartners.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.lexingtonpartners.com\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lexingtonpartners.com\/wp-json\/wp\/v2\/comments?post=38"}],"version-history":[{"count":0,"href":"https:\/\/www.lexingtonpartners.com\/wp-json\/wp\/v2\/pages\/38\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.lexingtonpartners.com\/wp-json\/wp\/v2\/pages\/28"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lexingtonpartners.com\/wp-json\/wp\/v2\/media\/1539"}],"wp:attachment":[{"href":"https:\/\/www.lexingtonpartners.com\/wp-json\/wp\/v2\/media?parent=38"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}